Commercial Real Estate Market in Manlius, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 224 off-market properties in Manlius, NY. Commercial property asks $316/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Manlius, NY spans 47.7 square miles in Onondaga County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Manlius, 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 Manlius, 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 Manlius, 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 Manlius, NY asks $76/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78.7%
- Commercial 15.7%
- Industrial 1.1%
Largest Zones share of zoned land by district
One Family Residential
Commercial
Two Family Residential
No Zoning
Residential Multi Use
Manlius, NY zones 466 acres across 8 districts. Commercial zoning covers 15.7% of zoned land, residential 78.7% and industrial 1.1%. The largest single district is One Family Residential at 69.2%. For commercial buyers the practical constraint is that only 16.8% of land carries a commercial or industrial designation.
Residential Multi Use (RM)
RM Zone that will promote walkability, reuse and repurposing of existing structures in the RM Zone. [Amended 2-8-2023 by L.L. No. 1-2023 ] The following uses shall be permitted in a Residential Multiple-Use District R-M, provided that no major alterations in the exterior appearance of existing buildings shall be allowed, except in conformity with Subsection…
Market overview
Demographics & Economy
Manlius, NY has 16,430 residents in 6,575 households. Density runs 344 people per square mile. Median household income here is $123,770 and median gross rent $1,074 a month.
16,430
Population
6,575
Households
2.5
Avg Household Size
43
Median Age
62%
College-Educated
96%
High-School Grad
47.7 sq mi
ZIP Area
344
Density / Sq Mi
$123,770
Median Household Income
$64,207
Median Earnings
$1,074
Median Rent
$296,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fville | — | — |
| Minoa | — | — |
| Chittenango | — | — |
| East Syracuse | — | $14.00 |
Commercial property in Manlius, NY asks $316/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manlius?
Commercial property in Manlius, NY asks an average of $316 per square foot. The 5 most recent recorded sales traded at a median of $96/SF, so asking sits 227% above the achieved median. Multifamily carries the highest asking price at $76/SF.
How much does it cost to lease commercial space in Manlius?
Asking lease rates in Manlius, NY average $15.00 per square foot per year.
What zoning applies to commercial property in Manlius?
Manlius, NY zones 466 acres across 8 districts, of which 15.7% is commercial and 1.1% industrial. The largest single district is One Family Residential at 69.2% of zoned land. Residential zoning covers 78.7% and open space 0%.
Where does Realmo's Manlius market data come from?
Realmo compiles Manlius, NY figures from 5 recent recorded sales, 19 active sale listings, 6 active lease listings, 224 tracked off-market properties, the current Manlius zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 6 active for-lease listings in Manlius, 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: 466 zoned acres across 8 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 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
