Commercial Real Estate Market in Elmont, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
53 active listings and 995 off-market properties in Elmont, NY. Commercial property asks $1,187/SF to buy and $31.24/SF/Yr to lease.
Market Trends
Elmont, NY spans 4.1 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Elmont, 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 Elmont, 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 Elmont, 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 Elmont, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Elmont, NY has 43,979 residents in 12,641 households. Density runs 10,660 people per square mile. Median household income here is $123,000 and median gross rent $2,315 a month.
43,979
Population
12,641
Households
3.5
Avg Household Size
40
Median Age
33%
College-Educated
87%
High-School Grad
4.1 sq mi
ZIP Area
10,660
Density / Sq Mi
$123,000
Median Household Income
$53,302
Median Earnings
$2,315
Median Rent
$576,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Floral Park | — | $31.24 |
| Franklin Square | — | — |
| Valley Stream | — | $23.75 |
| New Hyde Park | — | — |
Commercial property in Elmont, NY asks $1,187/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elmont?
Commercial property in Elmont, NY asks an average of $1,187 per square foot. The 5 most recent recorded sales traded at a median of $583/SF, so asking sits 103% above the achieved median.
How much does it cost to lease commercial space in Elmont?
Asking lease rates in Elmont, NY average $31.24 per square foot per year.
Where does Realmo's Elmont market data come from?
Realmo compiles Elmont, NY figures from 5 recent recorded sales, 33 active sale listings, 20 active lease listings, 995 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 33 active for-sale and 20 active for-lease listings in Elmont, 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, 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 30 September 2026 · report a data issue
