Commercial Real Estate Market in Hawthorne, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 348 off-market properties in Hawthorne, NY. Commercial property asks $6,486/SF to buy and $19.67/SF/Yr to lease.
Market Trends
Hawthorne, NY spans 2.3 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hawthorne, 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 Hawthorne, 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 Hawthorne, 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 Hawthorne, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Hawthorne, NY has 5,115 residents in 1,887 households. Density runs 2,186 people per square mile. Median household income here is $134,662 and median gross rent $3,501 a month.
5,115
Population
1,887
Households
2.7
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
2,186
Density / Sq Mi
$134,662
Median Household Income
$70,690
Median Earnings
$3,501
Median Rent
$675,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thornwood | — | — |
| Pleasantville | — | — |
| Valhalla | — | — |
| North Tarrytown | — | — |
Commercial property in Hawthorne, NY asks $6,486/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hawthorne?
Commercial property in Hawthorne, NY asks an average of $6,486 per square foot. The 3 most recent recorded sales traded at a median of $326/SF, so asking sits 1887% above the achieved median.
How much does it cost to lease commercial space in Hawthorne?
Asking lease rates in Hawthorne, NY average $19.67 per square foot per year.
Where does Realmo's Hawthorne market data come from?
Realmo compiles Hawthorne, NY figures from 5 recent recorded sales, 5 active sale listings, 18 active lease listings, 348 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 5 active for-sale and 18 active for-lease listings in Hawthorne, 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
