Commercial Real Estate Market in Millbrook, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 136 off-market properties in Millbrook, NY. Commercial property asks $1,507/SF to buy and $52.35/SF/Yr to lease.
Market Trends
Millbrook, NY spans 56.7 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millbrook, 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 Millbrook, 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 Millbrook, 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 Millbrook, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Millbrook, NY has 4,741 residents in 2,492 households. Density runs 84 people per square mile. Median household income here is $77,991 and median gross rent $1,207 a month.
4,741
Population
2,492
Households
1.9
Avg Household Size
45
Median Age
41%
College-Educated
94%
High-School Grad
56.7 sq mi
ZIP Area
84
Density / Sq Mi
$77,991
Median Household Income
$46,282
Median Earnings
$1,207
Median Rent
$414,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Verbank | — | — |
| Stanfordville | — | — |
| Salt Point | — | — |
| Bangall | — | — |
Commercial property in Millbrook, NY asks $1,507/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millbrook?
Commercial property in Millbrook, NY asks an average of $1,507 per square foot.
How much does it cost to lease commercial space in Millbrook?
Asking lease rates in Millbrook, NY average $52.35 per square foot per year.
Where does Realmo's Millbrook market data come from?
Realmo compiles Millbrook, NY figures from 2 recent recorded sales, 11 active sale listings, 3 active lease listings, 136 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 11 active for-sale and 3 active for-lease listings in Millbrook, 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
