Commercial Real Estate Market in Grand Gorge, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 45 off-market properties in Grand Gorge, NY. Commercial property asks $233/SF to buy and $10.67/SF/Yr to lease.
Market Trends
Grand Gorge, NY spans 10.9 square miles in Delaware County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grand Gorge, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Grand Gorge, NY asks $106/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Grand Gorge, 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 Grand Gorge, NY asks $152/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
Grand Gorge, NY has 622 residents in 550 households. Density runs 57 people per square mile. Median household income here is $48,558 and median gross rent $920 a month.
622
Population
550
Households
1.1
Avg Household Size
52
Median Age
15%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
57
Density / Sq Mi
$48,558
Median Household Income
$55,366
Median Earnings
$920
Median Rent
$167,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hubbell Corners | — | — |
| Red Falls | — | — |
| Stamford | — | — |
| Gilboa | — | — |
Commercial property in Grand Gorge, NY asks $233/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grand Gorge?
Commercial property in Grand Gorge, NY asks an average of $233 per square foot. The 3 most recent recorded sales traded at a median of $22/SF, so asking sits 946% above the achieved median. Multifamily carries the highest asking price at $152/SF.
How much does it cost to lease commercial space in Grand Gorge?
Asking lease rates in Grand Gorge, NY average $10.67 per square foot per year.
Where does Realmo's Grand Gorge market data come from?
Realmo compiles Grand Gorge, NY figures from 3 recent recorded sales, 9 active sale listings, 2 active lease listings, 45 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 9 active for-sale and 2 active for-lease listings in Grand Gorge, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
