Commercial Real Estate Market in Lakewood, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 373 off-market properties in Lakewood, NY. Commercial property asks $182/SF to buy and $83.94/SF/Yr to lease.
Market Trends
Lakewood, NY spans 11.3 square miles in Chautauqua County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakewood, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Lakewood, NY asks $54/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 Lakewood, 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 Lakewood, NY asks $33/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
Market overview
Demographics & Economy
Lakewood, NY has 4,673 residents in 2,352 households. Density runs 415 people per square mile. Median household income here is $67,083 and median gross rent $1,145 a month.
4,673
Population
2,352
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
415
Density / Sq Mi
$67,083
Median Household Income
$44,653
Median Earnings
$1,145
Median Rent
$158,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenhurst | — | — |
| Celoron | — | — |
| Ashville | — | — |
| Bemus Point | — | — |
Commercial property in Lakewood, NY asks $182/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakewood?
Commercial property in Lakewood, NY asks an average of $182 per square foot. Retail carries the highest asking price at $54/SF.
How much does it cost to lease commercial space in Lakewood?
Asking lease rates in Lakewood, NY average $83.94 per square foot per year.
Where does Realmo's Lakewood market data come from?
Realmo compiles Lakewood, NY figures from 12 active sale listings, 7 active lease listings, 373 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 12 active for-sale and 7 active for-lease listings in Lakewood, 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
