Commercial Real Estate Market in Chestnut Ridge, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
76 active listings and 921 off-market properties in Chestnut Ridge, NY. Commercial property asks $1,540/SF to buy and $27.05/SF/Yr to lease.
Market Trends
Chestnut Ridge, NY spans 11.3 square miles in Rockland County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chestnut Ridge, 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 Chestnut Ridge, 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 Chestnut Ridge, 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 Chestnut Ridge, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Chestnut Ridge, NY has 71,049 residents in 17,339 households. Density runs 6,310 people per square mile. Median household income here is $77,724 and median gross rent $1,711 a month.
71,049
Population
17,339
Households
4.1
Avg Household Size
24
Median Age
23%
College-Educated
77%
High-School Grad
11.3 sq mi
ZIP Area
6,310
Density / Sq Mi
$77,724
Median Household Income
$33,129
Median Earnings
$1,711
Median Rent
$602,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nanuet | — | $27.48 |
| Tallman | — | — |
| Upper Saddle River | — | — |
| Montvale | — | — |
Commercial property in Chestnut Ridge, NY asks $1,540/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chestnut Ridge?
Commercial property in Chestnut Ridge, NY asks an average of $1,540 per square foot. The 4 most recent recorded sales traded at a median of $487/SF, so asking sits 216% above the achieved median.
How much does it cost to lease commercial space in Chestnut Ridge?
Asking lease rates in Chestnut Ridge, NY average $27.05 per square foot per year.
Where does Realmo's Chestnut Ridge market data come from?
Realmo compiles Chestnut Ridge, NY figures from 7 recent recorded sales, 41 active sale listings, 35 active lease listings, 921 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 41 active for-sale and 35 active for-lease listings in Chestnut Ridge, 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.
- 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
