Commercial Real Estate Market in Mohawk, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 135 off-market properties in Mohawk, NY.
Market Trends
Mohawk, NY spans 56.4 square miles in Herkimer County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mohawk, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Mohawk, NY asks $49/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Mohawk, 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 Mohawk, NY asks $45/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
Market overview
Demographics & Economy
Mohawk, NY has 4,930 residents in 2,283 households. Density runs 87 people per square mile. Median household income here is $72,700 and median gross rent $724 a month.
4,930
Population
2,283
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
93%
High-School Grad
56.4 sq mi
ZIP Area
87
Density / Sq Mi
$72,700
Median Household Income
$40,336
Median Earnings
$724
Median Rent
$134,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Herkimer | — | — |
| Jordanville | — | — |
| Columbia Center | — | — |
| Van Hornesville | — | — |
Commercial property in Mohawk, NY asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mohawk?
Commercial property in Mohawk, NY asks an average of $70 per square foot. The 3 most recent recorded sales traded at a median of $32/SF, so asking sits 118% above the achieved median. Retail carries the highest asking price at $49/SF.
Where does Realmo's Mohawk market data come from?
Realmo compiles Mohawk, NY figures from 4 recent recorded sales, 5 active sale listings, 135 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 5 active for-sale and 0 active for-lease listings in Mohawk, 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, 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
