Commercial Real Estate Market in Millerton, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 156 off-market properties in Millerton, NY. Commercial property asks $2/SF to buy and $36.67/SF/Yr to lease.
Market Trends
Millerton, NY spans 45.4 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millerton, 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 Millerton, 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 Millerton, 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 Millerton, 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 63%
- Open space 21%
- Commercial 13.3%
Largest Zones share of zoned land by district
Medium Density Residential
Land Conservation
Low Density Residential
General Business
High Density Residential
Millerton, NY zones 354 acres across 9 districts. Commercial zoning covers 13.3% of zoned land, residential 63% and open space 21%. The largest single district is Medium Density Residential at 47.4%. For commercial buyers the practical constraint is that only 13.3% of land carries a commercial or industrial designation.
Medium Density Residential (R20000)
Medium Density Residential - R20,000. [Amended 9-13-1989 by L.L. No. 4-1989 ; 11-21-1994 by L.L. No. 1-1994 ; 4-19-2004 by L.L. No. 2-2004 ; 2-17-2009 by L.L. No. 2-2009 ; 1-21-2020 by L.L. No. 1-2020 ] Permitted principal uses, buildings and other structures. Dwelling, one-family. Dwelling, two-family. Dwelling, semidetached, as defined in Article II , § 17…
Market overview
Demographics & Economy
Millerton, NY has 3,026 residents in 1,594 households. Density runs 67 people per square mile. Median household income here is $88,603 and median gross rent $1,277 a month.
3,026
Population
1,594
Households
1.9
Avg Household Size
46
Median Age
35%
College-Educated
90%
High-School Grad
45.4 sq mi
ZIP Area
67
Density / Sq Mi
$88,603
Median Household Income
$50,693
Median Earnings
$1,277
Median Rent
$317,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lakeville | — | — |
| Salisbury | — | — |
| Ancramdale | — | — |
| Amenia | — | — |
Commercial property in Millerton, NY asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millerton?
Commercial property in Millerton, NY asks an average of $2 per square foot. The 6 most recent recorded sales traded at a median of $181/SF.
How much does it cost to lease commercial space in Millerton?
Asking lease rates in Millerton, NY average $36.67 per square foot per year.
What zoning applies to commercial property in Millerton?
Millerton, NY zones 354 acres across 9 districts, of which 13.3% is commercial and 0% industrial. The largest single district is Medium Density Residential at 47.4% of zoned land. Medium Density Residential - R20,000. [Amended 9-13-1989 by L.L. No. 4-1989 ; 11-21-1994 by L.L. No. 1-1994 ; 4-19-2004 by L.L. No. 2-2004 ; 2-17-2009 by L.L. No. 2-2009 ; 1-21-2020 by L.L. No. 1-2020 ] Permitted principal uses, buildings and other structures. Dwelling, one-family. Dwelling, two-family. Dwelling, semidetached, as defined in Article II , § 17… Residential zoning covers 63% and open space 21%.
Where does Realmo's Millerton market data come from?
Realmo compiles Millerton, NY figures from 7 recent recorded sales, 14 active sale listings, 2 active lease listings, 156 tracked off-market properties, the current Millerton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 2 active for-lease listings in Millerton, 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: 354 zoned acres across 9 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 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
