Commercial Real Estate Market in Elmsford, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
37 active listings and 446 off-market properties in Elmsford, NY. Commercial property asks $1,288/SF to buy (based on 3 listings) and $23.00/SF/Yr to lease (based on 4 listings).
Market Trends
Elmsford, NY spans 3.6 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Elmsford, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Elmsford, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Elmsford, 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%.
Multifamily
Multifamily vacancy in Elmsford, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53.5%
- Commercial 11.9%
- Industrial 5.1%
- Mixed use 2.3%
Largest Zones share of zoned land by district
Elmsford, NY zones 660 acres across 10 districts. Commercial zoning covers 11.9% of zoned land, residential 53.5% and industrial 5.1%. The largest single district is No Zoning at 27.3%. For commercial buyers the practical constraint is that only 17% of land carries a commercial or industrial designation.
R-2 District. In any business or industrial district where a ground level rear yard is required or provided, the aggregate area covered by accessory buildings and the last above-mentioned projections shall not exceed 50% of the required rear yard area behind a building used in any part for residence purposes. In the case of exceptionally wide lots where side…
Market overview
Demographics & Economy
Elmsford, NY has 9,489 residents in 3,727 households. Density runs 2,603 people per square mile. Median household income here is $115,809 and median gross rent $3,004 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Elmsford?
How much does it cost to lease commercial space in Elmsford?
What zoning applies to commercial property in Elmsford?
Where does Realmo's Elmsford market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 33 active for-lease listings in Elmsford, NY. The medians are based on 3 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 660 zoned acres across 10 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
