Commercial Real Estate Market in Chatham, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 196 off-market properties in Chatham, NY. Commercial property asks $5/SF to buy and $6.96/SF/Yr to lease.
Market Trends
Chatham, NY spans 36.2 square miles in Columbia County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chatham, 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 Chatham, 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 Chatham, 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 Chatham, NY asks $230/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 67%
- Commercial 21.2%
- Industrial 11.7%
Largest Zones share of zoned land by district
Suburban Residential
Residential
Commercial 1
Industrial
Commercial 3
Chatham, NY zones 762 acres across 6 districts. Commercial zoning covers 21.2% of zoned land, residential 67% and industrial 11.7%. The largest single district is Suburban Residential at 46.9%. For commercial buyers the practical constraint is that only 33% of land carries a commercial or industrial designation.
Suburban Residential (SR)
SR Suburban Residential RSC Residence Senior Citizen RC Residential Commercial C1 Commercial C2 Commercial C3 Commercial I Industrial HO Historic Overzone § 110-10 Intents and purposes of districts. The following is a description of the intents and purposes of the districts delineated on the Zoning Map and regulated by the Table of Use Regulations and the De…
Market overview
Demographics & Economy
Chatham, NY has 3,895 residents in 2,035 households. Density runs 108 people per square mile. Median household income here is $93,990 and median gross rent $1,006 a month.
3,895
Population
2,035
Households
1.9
Avg Household Size
51
Median Age
47%
College-Educated
95%
High-School Grad
36.2 sq mi
ZIP Area
108
Density / Sq Mi
$93,990
Median Household Income
$50,471
Median Earnings
$1,006
Median Rent
$345,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ghent | — | — |
| Chatham Center | — | — |
| Red Rock | — | — |
| Old Chatham | — | — |
Commercial property in Chatham, NY asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chatham?
Commercial property in Chatham, NY asks an average of $5 per square foot. The 6 most recent recorded sales traded at a median of $122/SF. Multifamily carries the highest asking price at $230/SF.
How much does it cost to lease commercial space in Chatham?
Asking lease rates in Chatham, NY average $6.96 per square foot per year.
What zoning applies to commercial property in Chatham?
Chatham, NY zones 762 acres across 6 districts, of which 21.2% is commercial and 11.7% industrial. The largest single district is Suburban Residential at 46.9% of zoned land. SR Suburban Residential RSC Residence Senior Citizen RC Residential Commercial C1 Commercial C2 Commercial C3 Commercial I Industrial HO Historic Overzone § 110-10 Intents and purposes of districts. The following is a description of the intents and purposes of the districts delineated on the Zoning Map and regulated by the Table of Use Regulations and the De… Residential zoning covers 67% and open space 0%.
Where does Realmo's Chatham market data come from?
Realmo compiles Chatham, NY figures from 6 recent recorded sales, 7 active sale listings, 7 active lease listings, 196 tracked off-market properties, the current Chatham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 7 active for-lease listings in Chatham, 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: 762 zoned acres across 6 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
