Commercial Real Estate Market in Chester, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 374 off-market properties in Chester, NY. Commercial property asks $55/SF to buy and $25.74/SF/Yr to lease.
Market Trends
Chester, NY spans 32.6 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chester, 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 Chester, 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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Chester, 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
- Residential 35.3%
- Industrial 33.2%
- Commercial 31.6%
Largest Zones share of zoned land by district
Light Manufacturing And Research
Single Family Residential
Residential And Agricultural
General Business
Manufacturing
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.
Light Manufacturing And Research (M-1)
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.
12,547
Population
4,607
Households
2.7
Avg Household Size
41
Median Age
41%
College-Educated
97%
High-School Grad
32.6 sq mi
ZIP Area
384
Density / Sq Mi
$147,011
Median Household Income
$63,010
Median Earnings
$1,652
Median Rent
$424,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sugar Loaf | — | — |
| Goshen | — | $17.18 |
| Monroe | — | $28.33 |
| Florida | — | — |
Commercial property in Chester, NY asks $55/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chester?
Commercial property in Chester, NY asks an average of $55 per square foot. The 5 most recent recorded sales traded at a median of $262/SF.
How much does it cost to lease commercial space in Chester?
Asking lease rates in Chester, NY average $25.74 per square foot per year.
What zoning applies to commercial property in Chester?
Chester, NY zones 1,395 acres across 8 districts, of which 31.6% is commercial and 33.2% industrial. The largest single district is Light Manufacturing And Research at 25.4% of zoned land. This zone is intended to allow warehousing and wholesale storage, manufacturing and processing operations, research laboratories, and business and industrial office facilities. Residential zoning covers 35.3% and open space 0%.
Where does Realmo's Chester market data come from?
Realmo compiles Chester, NY figures from 7 recent recorded sales, 15 active sale listings, 15 active lease listings, 374 tracked off-market properties, the current Chester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 15 active for-lease listings in Chester, 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: 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 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
