Commercial Real Estate Market in Greece, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
979 active listings and 10,220 off-market properties in Greece, NY. Commercial property asks $66/SF to buy and $34.51/SF/Yr to lease.
Market Trends
Greece, NY spans 42.4 square miles in Monroe County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Greece, NY asks $17.00/SF/Yr to lease and $105/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail space in Greece, NY asks $75/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 Greece, 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 Greece, NY asks $63/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 61.7%
- Industrial 19.3%
- Commercial 2.1%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
General Industrial
Canal Corridor Overlay
Central Health Care
Greece, NY zones 3,242 acres across 20 districts. Commercial zoning covers 2.1% of zoned land, residential 61.7% and industrial 19.3%. The largest single district is Single Family Residential at 35%. For commercial buyers the practical constraint is that only 21.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Greece, NY has 109,684 residents in 50,319 households. Density runs 2,586 people per square mile. Median household income here is $71,605 and median gross rent $1,110 a month.
109,684
Population
50,319
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
91%
High-School Grad
42.4 sq mi
ZIP Area
2,586
Density / Sq Mi
$71,605
Median Household Income
$44,129
Median Earnings
$1,110
Median Rent
$163,717
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hilton | $66 (county avg) | — |
| Rochester | $66 (county avg) | $34.51 |
| Spencerport | $66 (county avg) | — |
| Webster | $66 (county avg) | — |
Commercial property in Greece, NY asks $66/SF. The 4 bordering markets run from $66/SF in Hilton to $66/SF in Hilton, and the city sits in line with their $66/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greece?
Commercial property in Greece, NY asks an average of $66 per square foot. The 5 most recent recorded sales traded at a median of $88/SF. Office carries the highest asking price at $105/SF.
How much does it cost to lease commercial space in Greece?
Asking lease rates in Greece, NY average $34.51 per square foot per year. Office asks $17.00/SF/Yr as of Q2 26, down from $49.36/SF/Yr in Q1 26.
How does Greece compare to nearby markets on price?
Greece, NY asks $66/SF against $66/SF in Hilton, $66/SF in Rochester, $66/SF in Spencerport and $66/SF in Webster.
What zoning applies to commercial property in Greece?
Greece, NY zones 3,242 acres across 20 districts, of which 2.1% is commercial and 19.3% industrial. The largest single district is Single Family Residential at 35% of zoned land. Residential zoning covers 61.7% and open space 0%.
Where does Realmo's Greece market data come from?
Realmo compiles Greece, NY figures from 5 recent recorded sales, 673 active sale listings, 306 active lease listings, 10,220 tracked off-market properties, the current Greece zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 673 active for-sale and 306 active for-lease listings in Greece, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 3,242 zoned acres across 20 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 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
