Commercial Real Estate Market in Lakeville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
51 active listings and 900 off-market properties in Lakeville, NY. Commercial property asks $126/SF to buy and $40.00/SF/Yr to lease.
Market Trends
Lakeville, NY spans 1.3 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lakeville, 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 Lakeville, 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 Lakeville, 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 Lakeville, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Lakeville, NY has 826 residents in 504 households. Density runs 646 people per square mile. Median household income here is $54,618 and median gross rent $889 a month.
826
Population
504
Households
1.6
Avg Household Size
51
Median Age
33%
College-Educated
88%
High-School Grad
1.3 sq mi
ZIP Area
646
Density / Sq Mi
$54,618
Median Household Income
$0
Median Earnings
$889
Median Rent
$0
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Great Neck | — | $43.35 |
| New Hyde Park | — | — |
| Floral Park | — | $31.24 |
| North Hills | — | — |
Commercial property in Lakeville, NY asks $126/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakeville?
Commercial property in Lakeville, NY asks an average of $126 per square foot. The 7 most recent recorded sales traded at a median of $645/SF.
How much does it cost to lease commercial space in Lakeville?
Asking lease rates in Lakeville, NY average $40.00 per square foot per year.
Where does Realmo's Lakeville market data come from?
Realmo compiles Lakeville, NY figures from 7 recent recorded sales, 25 active sale listings, 26 active lease listings, 900 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 26 active for-lease listings in Lakeville, 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 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
