Commercial Real Estate Market in Geneva, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
61 active listings and 738 off-market properties in Geneva, NY. Commercial property asks $68/SF to buy and $16.25/SF/Yr to lease.
Market Trends
Geneva, NY spans 77.3 square miles in Ontario County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Geneva, 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 Geneva, 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 Geneva, 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 Geneva, NY asks $86/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.3%
- Mixed use 25.8%
- Open space 9.8%
- Commercial 8.1%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Mixed Use Campus
Large Lot Residential
Mixed Use Industry
Geneva, NY zones 2,693 acres across 13 districts. Commercial zoning covers 8.1% of zoned land, residential 56.3% and open space 9.8%. The largest single district is Low Density Residential at 29.6%. For commercial buyers the practical constraint is that only 8.1% of land carries a commercial or industrial designation.
Low Density Residential (LDR)
A. Low Density Residential (LDR). 1. The purpose of the LDR District is to support the vision and policies contained within the City’s adopted Comprehensive Plan with respect to the preservation and enhancement of Geneva’s existing traditional neighborhoods. The settlement pattern of the City is generally comprised of single- and two-family neighborhoods wit…
Market overview
Demographics & Economy
Geneva, NY has 19,602 residents in 9,087 households. Density runs 254 people per square mile. Median household income here is $74,691 and median gross rent $967 a month.
19,602
Population
9,087
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
77.3 sq mi
ZIP Area
254
Density / Sq Mi
$74,691
Median Household Income
$38,782
Median Earnings
$967
Median Rent
$166,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oaks Corners | — | — |
| West Junius | — | — |
| Seneca Castle | — | — |
| Stanley | — | — |
Commercial property in Geneva, NY asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Geneva?
Commercial property in Geneva, NY asks an average of $68 per square foot. The 5 most recent recorded sales traded at a median of $93/SF. Multifamily carries the highest asking price at $86/SF.
How much does it cost to lease commercial space in Geneva?
Asking lease rates in Geneva, NY average $16.25 per square foot per year.
What zoning applies to commercial property in Geneva?
Geneva, NY zones 2,693 acres across 13 districts, of which 8.1% is commercial and 0% industrial. The largest single district is Low Density Residential at 29.6% of zoned land. A. Low Density Residential (LDR). 1. The purpose of the LDR District is to support the vision and policies contained within the City’s adopted Comprehensive Plan with respect to the preservation and enhancement of Geneva’s existing traditional neighborhoods. The settlement pattern of the City is generally comprised of single- and two-family neighborhoods wit… Residential zoning covers 56.3% and open space 9.8%.
Where does Realmo's Geneva market data come from?
Realmo compiles Geneva, NY figures from 6 recent recorded sales, 44 active sale listings, 17 active lease listings, 738 tracked off-market properties, the current Geneva zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 17 active for-lease listings in Geneva, 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.
- Zoning and land use
- The current municipal zoning release: 2,693 zoned acres across 13 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 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
