Commercial Real Estate Market in Delmar, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 231 off-market properties in Delmar, NY. Commercial property asks $128/SF to buy and $14.16/SF/Yr to lease.
Market Trends
Delmar, NY spans 15.5 square miles in Albany County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Delmar, NY asks $167/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Delmar, NY asks $130/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 Delmar, 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 Delmar, NY asks $121/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
Demographics & Economy
Delmar, NY has 17,282 residents in 7,221 households. Density runs 1,118 people per square mile. Median household income here is $128,684 and median gross rent $1,658 a month.
17,282
Population
7,221
Households
2.4
Avg Household Size
46
Median Age
68%
College-Educated
98%
High-School Grad
15.5 sq mi
ZIP Area
1,118
Density / Sq Mi
$128,684
Median Household Income
$69,853
Median Earnings
$1,658
Median Rent
$334,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bethlehem | $128 (county avg) | $14.16 |
| Slingerlands | $128 (county avg) | — |
| Bethlehem Center | $128 (county avg) | — |
Commercial property in Delmar, NY asks $128/SF. The 3 bordering markets run from $128/SF in Bethlehem to $128/SF in Bethlehem, and the city sits in line with their $128/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Delmar?
Commercial property in Delmar, NY asks an average of $128 per square foot. The 6 most recent recorded sales traded at a median of $201/SF. Office carries the highest asking price at $167/SF.
How much does it cost to lease commercial space in Delmar?
Asking lease rates in Delmar, NY average $14.16 per square foot per year.
How does Delmar compare to nearby markets on price?
Delmar, NY asks $128/SF against $128/SF in Bethlehem, $128/SF in Slingerlands and $128/SF in Bethlehem Center.
Where does Realmo's Delmar market data come from?
Realmo compiles Delmar, NY figures from 6 recent recorded sales, 9 active sale listings, 21 active lease listings, 231 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 9 active for-sale and 21 active for-lease listings in Delmar, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 · report a data issue
