Commercial Real Estate Market in Buchanan, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 60 off-market properties in Buchanan, NY.
Market Trends
Buchanan, NY spans 1.5 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Buchanan, 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 Buchanan, 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 Buchanan, 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 Buchanan, 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
- Industrial 52.9%
- Residential 42.1%
- Commercial 5%
Largest Zones share of zoned land by district
Planned Industrial
Light Industrial
Residential
Residential
Residential
Buchanan, NY zones 933 acres across 9 districts. Commercial zoning covers 5% of zoned land, residential 42.1% and industrial 52.9%. The largest single district is Planned Industrial at 39.2%. For commercial buyers the practical constraint is that only 57.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Buchanan, NY has 2,369 residents in 849 households. Density runs 1,576 people per square mile. Median household income here is $127,375 and median gross rent $1,670 a month.
2,369
Population
849
Households
2.8
Avg Household Size
42
Median Age
46%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
1,576
Density / Sq Mi
$127,375
Median Household Income
$65,441
Median Earnings
$1,670
Median Rent
$492,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Montrose | — | — |
| Verplanck | — | — |
| Peekskill | — | $33.94 |
| Tomkins Cove | — | — |
Commercial property in Buchanan, NY asks $55/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Buchanan?
Commercial property in Buchanan, NY asks an average of $55 per square foot.
What zoning applies to commercial property in Buchanan?
Buchanan, NY zones 933 acres across 9 districts, of which 5% is commercial and 52.9% industrial. The largest single district is Planned Industrial at 39.2% of zoned land. Residential zoning covers 42.1% and open space 0%.
Where does Realmo's Buchanan market data come from?
Realmo compiles Buchanan, NY figures from 2 recent recorded sales, 3 active sale listings, 60 tracked off-market properties, the current Buchanan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Buchanan, 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: 933 zoned acres across 9 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 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
