Commercial Real Estate Market in Glen Cove, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
48 active listings and 494 off-market properties in Glen Cove, NY. Commercial property asks $491/SF to buy and $29.18/SF/Yr to lease.
Market Trends
Glen Cove, NY spans 6.7 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Glen Cove, 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 Glen Cove, 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 Glen Cove, 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 Glen Cove, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Glen Cove, NY has 29,171 residents in 11,374 households. Density runs 4,341 people per square mile. Median household income here is $92,284 and median gross rent $2,350 a month.
29,171
Population
11,374
Households
2.6
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
4,341
Density / Sq Mi
$92,284
Median Household Income
$52,855
Median Earnings
$2,350
Median Rent
$659,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Matinecock | — | — |
| Port Washington | — | $28.26 |
Commercial property in Glen Cove, NY asks $491/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glen Cove?
Commercial property in Glen Cove, NY asks an average of $491 per square foot. The 4 most recent recorded sales traded at a median of $1,360/SF.
How much does it cost to lease commercial space in Glen Cove?
Asking lease rates in Glen Cove, NY average $29.18 per square foot per year.
Where does Realmo's Glen Cove market data come from?
Realmo compiles Glen Cove, NY figures from 6 recent recorded sales, 21 active sale listings, 27 active lease listings, 494 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 21 active for-sale and 27 active for-lease listings in Glen Cove, 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 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 30 September 2026 · report a data issue
