Commercial Real Estate Market in Babylon, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
60 active listings and 1,240 off-market properties in Babylon, NY. Commercial property asks $780/SF to buy and $32.96/SF/Yr to lease.
Market Trends
Babylon, NY spans 22.4 square miles in Suffolk County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Babylon, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Babylon, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Babylon, 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 vacancy in Babylon, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.6%
- Industrial 12.6%
- Commercial 3.4%
Largest Zones share of zoned land by district
Residence District
Residence District
Residence District
Light Industrial District
Light Industrial District
Babylon, NY zones 27,479 acres across 18 districts. Commercial zoning covers 3.4% of zoned land, residential 83.6% and industrial 12.6%. The largest single district is Residence District at 44%. For commercial buyers the practical constraint is that only 16.1% of land carries a commercial or industrial designation.
Residence District (C)
In an M.R. Multiple Residence District, no building or premises shall be used and no building shall hereafter be erected, unless otherwise provided in this chapter, except for use as a multiple residence or such use permitted in an A Residence District.
Market overview
Demographics & Economy
Babylon, NY has 71,582 residents in 25,010 households. Density runs 3,189 people per square mile. Median household income here is $129,727 and median gross rent $2,173 a month.
71,582
Population
25,010
Households
2.9
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
22.4 sq mi
ZIP Area
3,189
Density / Sq Mi
$129,727
Median Household Income
$58,244
Median Earnings
$2,173
Median Rent
$504,855
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Islip | — | — |
| Islip Manor | — | — |
| North Lindenhurst | — | $62.77 |
| Copiague | — | $24.84 |
Commercial property in Babylon, NY asks $780/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Babylon?
Commercial property in Babylon, NY asks an average of $780 per square foot. The 3 most recent recorded sales traded at a median of $300/SF, so asking sits 160% above the achieved median.
How much does it cost to lease commercial space in Babylon?
Asking lease rates in Babylon, NY average $32.96 per square foot per year.
What zoning applies to commercial property in Babylon?
Babylon, NY zones 27,479 acres across 18 districts, of which 3.4% is commercial and 12.6% industrial. The largest single district is Residence District at 44% of zoned land. Residential zoning covers 83.6% and open space 0%.
Where does Realmo's Babylon market data come from?
Realmo compiles Babylon, NY figures from 4 recent recorded sales, 35 active sale listings, 25 active lease listings, 1,240 tracked off-market properties, the current Babylon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 25 active for-lease listings in Babylon, 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.
- 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.
- Zoning and land use
- The current municipal zoning release: 27,479 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · report a data issue
