Commercial Real Estate Market in Greenfield, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 64 off-market properties in Greenfield, NY.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Greenfield, NY asks $250/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Greenfield, NY asks $154/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 Greenfield, 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 Greenfield, NY asks $184/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 99.2%
- Planned_development 0.5%
- Industrial 0.3%
Largest Zones share of zoned land by district
Low Density Residential
Moderate Density Residential 2
Moderate Density Residential 1
Parkland And Recreation
Town Center
Greenfield, NY zones 43,452 acres across 8 districts. The largest single district is Low Density Residential at 72%. For commercial buyers the practical constraint is that only 0.3% of land carries a commercial or industrial designation.
Low Density Residential (LDR)
In the LDR, MDR1, MDR2 and PR Districts, signs which advertise or draw attention to permitted residential developments or farm or forestry operations and signs publicizing home occupations with an area greater than three feet. No sign shall exceed six square feet in area. All signs shall be placed or sited on the lot or property to which the sign applies. An…
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Porter Corners | — | — |
| Saratoga Springs | — | $16.95 |
| Sandy Hill | — | — |
| Palmer | — | — |
Commercial property in Greenfield, NY asks $1,748/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenfield?
Commercial property in Greenfield, NY asks an average of $1,748 per square foot. The 4 most recent recorded sales traded at a median of $67/SF, so asking sits 2500% above the achieved median. Office carries the highest asking price at $250/SF.
What zoning applies to commercial property in Greenfield?
Greenfield, NY zones 43,452 acres across 8 districts, of which 0% is commercial and 0.3% industrial. The largest single district is Low Density Residential at 72% of zoned land. In the LDR, MDR1, MDR2 and PR Districts, signs which advertise or draw attention to permitted residential developments or farm or forestry operations and signs publicizing home occupations with an area greater than three feet. No sign shall exceed six square feet in area. All signs shall be placed or sited on the lot or property to which the sign applies. An… Residential zoning covers 99.2% and open space 0%.
Where does Realmo's Greenfield market data come from?
Realmo compiles Greenfield, NY figures from 4 recent recorded sales, 29 active sale listings, 64 tracked off-market properties, the current Greenfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 0 active for-lease listings in Greenfield, 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: 43,452 zoned acres across 8 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, 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
