Commercial Real Estate Market in Lawrence, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
7 active listings and 201 off-market properties in Lawrence, NY. Commercial property asks $900/SF to buy and $24.00/SF/Yr to lease.
Market Trends
Lawrence, NY spans 4.2 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lawrence, 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 Lawrence, 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 Lawrence, 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 Lawrence, 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 72.8%
- Civic 26.2%
- Commercial 0.8%
- Open space 0.2%
Largest Zones share of zoned land by district
Residence Aa District
Residence B District
Residence C1 District
Residence Bb District
Residence A District
Lawrence, NY zones 2,484 acres across 12 districts. Commercial zoning covers 0.8% of zoned land, residential 72.8% and open space 0.2%. The largest single district is Residence Aa District at 68.6%. For commercial buyers the practical constraint is that only 0.8% of land carries a commercial or industrial designation.
Residence Aa District (AA)
Residence AA District. In the Residence AA District, the following regulations shall apply: A. No building shall be erected, altered or used, and no lot or premises shall be used, except for one or more of the following purposes: (1) A dwelling for not more than one family. (2) Clubs existing at the date of adoption of this chapter. (3) Social clubs, when au…
Market overview
Demographics & Economy
Lawrence, NY has 8,709 residents in 2,849 households. Density runs 2,094 people per square mile. Median household income here is $156,429 and median gross rent $2,031 a month.
8,709
Population
2,849
Households
3.1
Avg Household Size
36
Median Age
56%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
2,094
Density / Sq Mi
$156,429
Median Household Income
$70,023
Median Earnings
$2,031
Median Rent
$1,108,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Far Rockaway | — | — |
| Meadowmere Park | — | — |
| East Atlantic Beach | — | $35.16 |
Commercial property in Lawrence, NY asks $900/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lawrence?
Commercial property in Lawrence, NY asks an average of $900 per square foot. The 4 most recent recorded sales traded at a median of $910/SF.
How much does it cost to lease commercial space in Lawrence?
Asking lease rates in Lawrence, NY average $24.00 per square foot per year.
What zoning applies to commercial property in Lawrence?
Lawrence, NY zones 2,484 acres across 12 districts, of which 0.8% is commercial and 0% industrial. The largest single district is Residence Aa District at 68.6% of zoned land. Residence AA District. In the Residence AA District, the following regulations shall apply: A. No building shall be erected, altered or used, and no lot or premises shall be used, except for one or more of the following purposes: (1) A dwelling for not more than one family. (2) Clubs existing at the date of adoption of this chapter. (3) Social clubs, when au… Residential zoning covers 72.8% and open space 0.2%.
Where does Realmo's Lawrence market data come from?
Realmo compiles Lawrence, NY figures from 7 recent recorded sales, 3 active sale listings, 4 active lease listings, 201 tracked off-market properties, the current Lawrence zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 4 active for-lease listings in Lawrence, 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: 2,484 zoned acres across 12 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 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
