Commercial Real Estate Market in Geneseo, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 216 off-market properties in Geneseo, NY. Commercial property asks $88/SF to buy and $11.40/SF/Yr to lease.
Market Trends
Geneseo, NY spans 47.6 square miles in Livingston County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Geneseo, 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 Geneseo, 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 Geneseo, 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 Geneseo, NY asks $76/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
Geneseo, NY has 10,759 residents in 3,937 households. Density runs 226 people per square mile. Median household income here is $66,629 and median gross rent $1,000 a month.
10,759
Population
3,937
Households
2.7
Avg Household Size
28
Median Age
50%
College-Educated
95%
High-School Grad
47.6 sq mi
ZIP Area
226
Density / Sq Mi
$66,629
Median Household Income
$12,055
Median Earnings
$1,000
Median Rent
$217,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Retsof | — | — |
| Leicester | — | — |
| Wadsworth | — | — |
| York | — | — |
Commercial property in Geneseo, NY asks $88/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Geneseo?
Commercial property in Geneseo, NY asks an average of $88 per square foot. The 7 most recent recorded sales traded at a median of $153/SF. Multifamily carries the highest asking price at $76/SF.
How much does it cost to lease commercial space in Geneseo?
Asking lease rates in Geneseo, NY average $11.40 per square foot per year.
Where does Realmo's Geneseo market data come from?
Realmo compiles Geneseo, NY figures from 7 recent recorded sales, 21 active sale listings, 7 active lease listings, 216 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 21 active for-sale and 7 active for-lease listings in Geneseo, 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
