Commercial Real Estate Market in Chester, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
23 active listings and 374 off-market properties in Chester, NY. Commercial property asks $62/SF to buy (based on 3 listings) and $21.26/SF/Yr to lease (based on 8 listings).
Market Trends
Chester, NY spans 32.6 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Chester, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Chester, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Chester, 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%.
Multifamily
Multifamily vacancy in Chester, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 35.3%
- Industrial 33.2%
- Commercial 31.6%
Largest Zones share of zoned land by district
Chester, NY zones 1,395 acres across 8 districts. Commercial zoning covers 31.6% of zoned land, residential 35.3% and industrial 33.2%. The largest single district is Light Manufacturing And Research at 25.4%. For commercial buyers the practical constraint is that only 64.8% of land carries a commercial or industrial designation.
This zone is intended to allow warehousing and wholesale storage, manufacturing and processing operations, research laboratories, and business and industrial office facilities.
Market overview
Demographics & Economy
Chester, NY has 12,547 residents in 4,607 households. Density runs 384 people per square mile. Median household income here is $147,011 and median gross rent $1,652 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Chester?
How much does it cost to lease commercial space in Chester?
What zoning applies to commercial property in Chester?
Where does Realmo's Chester market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 16 active for-lease listings in Chester, NY. The medians are based on 3 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,395 zoned acres across 8 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue