Commercial Real Estate Market in Milford Center, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
132 active listings and 902 off-market properties in Milford Center, NY. Commercial property asks $107/SF to buy and $14.40/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Milford Center, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Otsego County, retail space asks $102/SF to buy. Retail vacancy in Milford Center, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Milford Center, 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%.
Multifamily
Across Otsego County, multifamily space asks $111/SF to buy. Multifamily vacancy in Milford Center, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Frequently Asked Questions
What is the median price per square foot for commercial property in Milford Center?
How much does it cost to lease commercial space in Milford Center?
Where does Realmo's Milford Center market data come from?
Methodology & data sources
- Asking prices and medians
- There are 113 active for-sale and 19 active for-lease listings in Milford Center, NY. The medians are based on 71 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 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
