Commercial Real Estate Market in Lake Luzerne, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 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 August 2026.
Office
Office space in Lake Luzerne, NY asks $158/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 Lake Luzerne, NY asks $120/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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Lake Luzerne, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
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.
3,008
Population
2,338
Households
1.3
Avg Household Size
51
Median Age
26%
College-Educated
90%
High-School Grad
53.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,449
Median Household Income
$41,500
Median Earnings
$942
Median Rent
$197,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hadley | — | — |
| Palmer | — | — |
| Stony Creek | — | — |
| Fortsville | — | $15.00 |
Commercial property in Lake Luzerne, NY asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Luzerne?
Commercial property in Lake Luzerne, NY asks an average of $4 per square foot. Office carries the highest asking price at $158/SF.
Where does Realmo's Lake Luzerne market data come from?
Realmo compiles Lake Luzerne, NY figures from 2 recent recorded sales, 25 active sale listings, 88 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 25 active for-sale and 0 active for-lease listings in Lake Luzerne, 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 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 August 2026 · report a data issue
