Commercial Real Estate Market in Larchmont, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
20 active listings and 395 off-market properties in Larchmont, NY. Commercial property asks $1,241/SF to buy and $39.24/SF/Yr to lease.
Market Trends
Larchmont, NY spans 3.5 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Larchmont, 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 Larchmont, 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 Larchmont, 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 Larchmont, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.4%
- Commercial 9%
Largest Zones share of zoned land by district
One Family Residence
One Family Residence
One Family Residence
One Family Residence
Waterfront
Larchmont, NY zones 689 acres across 10 districts. Commercial zoning covers 9% of zoned land, residential 83.4%. The largest single district is One Family Residence at 25.1%. For commercial buyers the practical constraint is that only 9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Larchmont, NY has 18,318 residents in 7,017 households. Density runs 5,213 people per square mile. Median household income here is $186,555 and median gross rent $2,115 a month.
18,318
Population
7,017
Households
2.6
Avg Household Size
41
Median Age
82%
College-Educated
98%
High-School Grad
3.5 sq mi
ZIP Area
5,213
Density / Sq Mi
$186,555
Median Household Income
$96,742
Median Earnings
$2,115
Median Rent
$1,185,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mamaroneck | — | $36.46 |
| New Rochelle | — | $29.75 |
| Harrison | — | — |
| Rye | — | — |
Commercial property in Larchmont, NY asks $1,241/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Larchmont?
Commercial property in Larchmont, NY asks an average of $1,241 per square foot. The 6 most recent recorded sales traded at a median of $858/SF, so asking sits 45% above the achieved median.
How much does it cost to lease commercial space in Larchmont?
Asking lease rates in Larchmont, NY average $39.24 per square foot per year.
What zoning applies to commercial property in Larchmont?
Larchmont, NY zones 689 acres across 10 districts, of which 9% is commercial and 0% industrial. The largest single district is One Family Residence at 25.1% of zoned land. Residential zoning covers 83.4% and open space 0%.
Where does Realmo's Larchmont market data come from?
Realmo compiles Larchmont, NY figures from 6 recent recorded sales, 5 active sale listings, 15 active lease listings, 395 tracked off-market properties, the current Larchmont zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 15 active for-lease listings in Larchmont, 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.
- Zoning and land use
- The current municipal zoning release: 689 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
