Commercial Real Estate Market in Bellerose Manor, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
874 active listings and 10,248 off-market properties in Bellerose Manor, NY. Commercial property asks $1,039/SF to buy and $46.92/SF/Yr to lease.
Market Trends
Bellerose Manor, NY spans 2.4 square miles in Queens County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Bellerose Manor, NY asks $450/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 Bellerose Manor, NY asks $599/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 Bellerose Manor, 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 Bellerose Manor, NY asks $511/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
Bellerose Manor, NY has 44,071 residents in 14,770 households. Density runs 18,360 people per square mile. Median household income here is $88,962 and median gross rent $1,755 a month.
44,071
Population
14,770
Households
3
Avg Household Size
43
Median Age
32%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
18,360
Density / Sq Mi
$88,962
Median Household Income
$45,652
Median Earnings
$1,755
Median Rent
$679,572
Median Home Value
Tools
Lease vs Buy Breakeven
At $46.92/SF/Yr lease vs $1,039/SF buy → buying wins if held > 14.3 years.
At a 4.5% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Floral Park | — | $30.59 |
| New Hyde Park | — | $37.82 |
| Great Neck | — | $44.60 |
| Jamaica | — | $46.92 |
Commercial property in Bellerose Manor, NY asks $1,039/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bellerose Manor?
Commercial property in Bellerose Manor, NY asks an average of $1,039 per square foot. The 6 most recent recorded sales traded at a median of $540/SF, so asking sits 92% above the achieved median. Retail carries the highest asking price at $599/SF.
How much does it cost to lease commercial space in Bellerose Manor?
Asking lease rates in Bellerose Manor, NY average $46.92 per square foot per year.
Is it cheaper to lease or buy commercial space in Bellerose Manor?
Buying beats leasing in Bellerose Manor, NY if the property is held longer than 14.3 years, comparing $46.92/SF/Yr asking rent with $1,039/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Bellerose Manor market data come from?
Realmo compiles Bellerose Manor, NY figures from 6 recent recorded sales, 737 active sale listings, 137 active lease listings, 10,248 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 737 active for-sale and 137 active for-lease listings in Bellerose Manor, 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.
- 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 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 30 September 2026 · How Realmo checks market page data · Report a data issue
