Commercial Real Estate Market in Chaffee, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 53 off-market properties in Chaffee, NY. Commercial property asks $101/SF to buy and $7.95/SF/Yr to lease.
Market Trends
Chaffee, NY spans 21.2 square miles in Erie County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Chaffee, NY asks $106/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 Chaffee, NY asks $86/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 Chaffee, 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 Chaffee, NY asks $106/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
Chaffee, NY has 1,755 residents in 791 households. Density runs 83 people per square mile. Median household income here is $84,792 and median gross rent $743 a month.
1,755
Population
791
Households
2.2
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
83
Density / Sq Mi
$84,792
Median Household Income
$49,069
Median Earnings
$743
Median Rent
$204,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sardinia | $101 (county avg) | — |
| Holland | $101 (county avg) | — |
| Glenwood | $101 (county avg) | — |
| East Concord | $101 (county avg) | — |
Commercial property in Chaffee, NY asks $101/SF. The 4 bordering markets run from $101/SF in Sardinia to $101/SF in Sardinia, and the city sits in line with their $101/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chaffee?
Commercial property in Chaffee, NY asks an average of $101 per square foot. The 3 most recent recorded sales traded at a median of $47/SF, so asking sits 114% above the achieved median. Office carries the highest asking price at $106/SF.
How much does it cost to lease commercial space in Chaffee?
Asking lease rates in Chaffee, NY average $7.95 per square foot per year.
How does Chaffee compare to nearby markets on price?
Chaffee, NY asks $101/SF against $101/SF in Sardinia, $101/SF in Holland, $101/SF in Glenwood and $101/SF in East Concord.
Where does Realmo's Chaffee market data come from?
Realmo compiles Chaffee, NY figures from 4 recent recorded sales, 4 active sale listings, 2 active lease listings, 53 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 4 active for-sale and 2 active for-lease listings in Chaffee, 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, 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 31 August 2026 · report a data issue
