Commercial Real Estate Market in East Greenbush, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 171 off-market properties in East Greenbush, NY. Commercial property asks $142/SF to buy and $10.75/SF/Yr to lease.
Market Trends
East Greenbush, NY spans 20.1 square miles in Rensselaer County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in East Greenbush, 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 East Greenbush, NY asks $114/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 East Greenbush, 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 East Greenbush, NY asks $135/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
East Greenbush, NY has 9,404 residents in 4,144 households. Density runs 468 people per square mile. Median household income here is $117,083 and median gross rent $1,741 a month.
9,404
Population
4,144
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
468
Density / Sq Mi
$117,083
Median Household Income
$71,176
Median Earnings
$1,741
Median Rent
$311,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bethlehem Center | $127 (county avg) | — |
| Albany | $127 (county avg) | $14.25 |
| Beckers Corners | $127 (county avg) | — |
Commercial property in East Greenbush, NY asks $142/SF. The 3 bordering markets run from $127/SF in Bethlehem Center to $127/SF in Bethlehem Center, and the city sits above their $127/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in East Greenbush?
Commercial property in East Greenbush, NY asks an average of $142 per square foot. The 4 most recent recorded sales traded at a median of $285/SF. Multifamily carries the highest asking price at $135/SF.
How much does it cost to lease commercial space in East Greenbush?
Asking lease rates in East Greenbush, NY average $10.75 per square foot per year.
How does East Greenbush compare to nearby markets on price?
East Greenbush, NY asks $142/SF against $127/SF in Bethlehem Center, $127/SF in Albany and $127/SF in Beckers Corners. Bethlehem Center is the cheapest entry point at 11% below East Greenbush pricing.
Where does Realmo's East Greenbush market data come from?
Realmo compiles East Greenbush, NY figures from 4 recent recorded sales, 15 active sale listings, 12 active lease listings, 171 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 15 active for-sale and 12 active for-lease listings in East Greenbush, 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 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
