Commercial Real Estate Market in Altamont, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 163 off-market properties in Altamont, NY.
Market Trends
Altamont, NY spans 52.6 square miles in Albany County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Altamont, NY asks $149/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Altamont, NY asks $128/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Altamont, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Altamont, NY asks $121/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Altamont, NY has 7,874 residents in 3,238 households. Density runs 150 people per square mile. Median household income here is $114,352 and median gross rent $1,282 a month.
7,874
Population
3,238
Households
2.4
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
52.6 sq mi
ZIP Area
150
Density / Sq Mi
$114,352
Median Household Income
$54,128
Median Earnings
$1,282
Median Rent
$321,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Knox | $127 (county avg) | — |
| Reidsville | $127 (county avg) | — |
| East Berne | $127 (county avg) | — |
| Guilderland | $127 (county avg) | $14.50 |
Commercial property in Altamont, NY asks $127/SF. The 4 bordering markets run from $127/SF in Knox to $127/SF in Knox, and the city sits in line with their $127/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Altamont?
Commercial property in Altamont, NY asks an average of $127 per square foot. Office carries the highest asking price at $149/SF.
How does Altamont compare to nearby markets on price?
Altamont, NY asks $127/SF against $127/SF in Knox, $127/SF in Reidsville, $127/SF in East Berne and $127/SF in Guilderland.
Where does Realmo's Altamont market data come from?
Realmo compiles Altamont, NY figures from 16 active sale listings, 4 active lease listings, 163 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 4 active for-lease listings in Altamont, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
