Commercial Real Estate Market in Lake Luzerne, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
15 active listings and 88 off-market properties in Lake Luzerne, NY.
Market Trends
Lake Luzerne, NY spans 53.7 square miles in Warren County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lake Luzerne, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Warren County, retail space asks $109/SF to buy. Retail vacancy in Lake Luzerne, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Lake Luzerne, 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%.
Multifamily
Across Warren County, multifamily space asks $162/SF to buy. Multifamily vacancy in Lake Luzerne, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Lake Luzerne, NY has 3,008 residents in 2,338 households. Density runs 56 people per square mile. Median household income here is $47,449 and median gross rent $942 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Fortsville | $142 | $20.00 |
| Glens Falls | $131 | $12.00 |
Commercial property in Lake Luzerne, NY asks $156/SF. The 2 bordering markets run from $131/SF in Glens Falls to $142/SF in Fortsville, and the city sits above their $136/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lake Luzerne?
How does Lake Luzerne compare to nearby markets on price?
Where does Realmo's Lake Luzerne market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 0 active for-lease listings in Lake Luzerne, NY. The sale median is based on 13 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 31 October 2026 · How Realmo checks market page data · Report a data issue
