Commercial Real Estate Market in Cornwall, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 91 off-market properties in Cornwall, NY.
Market Trends
Cornwall, NY spans 8.0 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cornwall, 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 Cornwall, 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 Cornwall, 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 Cornwall, 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
- Commercial 81%
- Residential 13%
- Industrial 4.5%
- Mixed use 1.6%
Largest Zones share of zoned land by district
Mountain And Conservation Residence
Agricultural Rural Residence
Suburban Low Density Residence
Suburban Residence
Planned Commercial District
Cornwall, NY zones 15,084 acres across 11 districts. Commercial zoning covers 81% of zoned land, residential 13% and industrial 4.5%. The largest single district is Mountain And Conservation Residence at 41.6%. For commercial buyers the practical constraint is that only 85.4% of land carries a commercial or industrial designation.
Mountain And Conservation Residence (MCR)
Table of General Use Regulations MCR District [Amended 6-13-2005 by L.L. No. 3-2005; 3-8-2010 by L.L. No. 3-2010; 9-12-2016 by L.L. No. 6-2016; 2-12-2020 by L.L. No. 1-2020; 10-4-2021 by L.L. No. 3-2021] 1 2 3 4 District Uses Permitted by Right (See Notes.) Use Group Uses by Special Permit (See Notes.) Use Group Permitted Accessory Uses MCR 1. The following…
Market overview
Demographics & Economy
Cornwall, NY has 5,622 residents in 2,474 households. Density runs 706 people per square mile. Median household income here is $99,833 and median gross rent $1,720 a month.
5,622
Population
2,474
Households
2.3
Avg Household Size
43
Median Age
54%
College-Educated
96%
High-School Grad
8 sq mi
ZIP Area
706
Density / Sq Mi
$99,833
Median Household Income
$60,096
Median Earnings
$1,720
Median Rent
$358,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cornwall Hud | — | — |
| Vails Gate | — | — |
| Mountainville | — | — |
| West Point | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Cornwall?
Cornwall, NY zones 15,084 acres across 11 districts, of which 81% is commercial and 4.5% industrial. The largest single district is Mountain And Conservation Residence at 41.6% of zoned land. Table of General Use Regulations MCR District [Amended 6-13-2005 by L.L. No. 3-2005; 3-8-2010 by L.L. No. 3-2010; 9-12-2016 by L.L. No. 6-2016; 2-12-2020 by L.L. No. 1-2020; 10-4-2021 by L.L. No. 3-2021] 1 2 3 4 District Uses Permitted by Right (See Notes.) Use Group Uses by Special Permit (See Notes.) Use Group Permitted Accessory Uses MCR 1. The following… Residential zoning covers 13% and open space 0%.
Where does Realmo's Cornwall market data come from?
Realmo compiles Cornwall, NY figures from 4 recent recorded sales, 5 active sale listings, 5 active lease listings, 91 tracked off-market properties, the current Cornwall zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 5 active for-lease listings in Cornwall, 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: 15,084 zoned acres across 11 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
