Commercial Real Estate Market in Glen Head, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
57 active listings and 516 off-market properties in Glen Head, NY. Commercial property asks $410/SF to buy and $41.31/SF/Yr to lease.
Market Trends
Glen Head, NY spans 11.5 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Glen Head, 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 Head, 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 Head, 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 Head, 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 Head, NY has 12,008 residents in 4,686 households. Density runs 1,048 people per square mile. Median household income here is $164,583 and median gross rent $2,220 a month.
12,008
Population
4,686
Households
2.6
Avg Household Size
46
Median Age
66%
College-Educated
96%
High-School Grad
11.5 sq mi
ZIP Area
1,048
Density / Sq Mi
$164,583
Median Household Income
$77,976
Median Earnings
$2,220
Median Rent
$1,028,900
Median Home Value
Tools
Lease vs Buy Breakeven
At $41.31/SF/Yr lease vs $410/SF buy → buying wins if held > 1.4 years.
At a 10.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Cove | — | $29.18 |
| Matinecock | — | — |
Commercial property in Glen Head, NY asks $410/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glen Head?
Commercial property in Glen Head, NY asks an average of $410 per square foot. The 7 most recent recorded sales traded at a median of $703/SF.
How much does it cost to lease commercial space in Glen Head?
Asking lease rates in Glen Head, NY average $41.31 per square foot per year.
Is it cheaper to lease or buy commercial space in Glen Head?
Buying beats leasing in Glen Head, NY if the property is held longer than 1.4 years, comparing $41.31/SF/Yr asking rent with $410/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Glen Head market data come from?
Realmo compiles Glen Head, NY figures from 7 recent recorded sales, 22 active sale listings, 35 active lease listings, 516 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 22 active for-sale and 35 active for-lease listings in Glen Head, 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
