Commercial Real Estate Market in Defreestville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
46 active listings and 523 off-market properties in Defreestville, NY. Commercial property asks $58/SF to buy and $15.70/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Defreestville, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Defreestville, NY asks $91/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Defreestville, 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 Defreestville, NY asks $113/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
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Albany | $128 (county avg) | $13.88 |
| Bethlehem Center | $128 (county avg) | — |
| Watervliet | $128 (county avg) | $7.60 |
| Newtonville | $128 (county avg) | $17.39 |
Commercial property in Defreestville, NY asks $58/SF. The 4 bordering markets run from $128/SF in Albany to $128/SF in Albany, and the city sits below their $128/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Defreestville?
Commercial property in Defreestville, NY asks an average of $58 per square foot. The 5 most recent recorded sales traded at a median of $98/SF. Multifamily carries the highest asking price at $113/SF.
How much does it cost to lease commercial space in Defreestville?
Asking lease rates in Defreestville, NY average $15.70 per square foot per year.
How does Defreestville compare to nearby markets on price?
Defreestville, NY asks $58/SF against $128/SF in Albany, $128/SF in Bethlehem Center, $128/SF in Watervliet and $128/SF in Newtonville.
Where does Realmo's Defreestville market data come from?
Realmo compiles Defreestville, NY figures from 6 recent recorded sales, 34 active sale listings, 12 active lease listings, 523 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 12 active for-lease listings in Defreestville, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
