Commercial Real Estate Market in Montebello, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
57 active listings and 444 off-market properties in Montebello, NY. Commercial property asks $3,665/SF to buy and $26.23/SF/Yr to lease.
Market Trends
Montebello, NY spans 23.5 square miles in Rockland County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Montebello, 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 Montebello, 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 Montebello, 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 Montebello, 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 86.7%
- Commercial 0.7%
- Open space 0.6%
Largest Zones share of zoned land by district
Rural Residential 50000 Square Feet
Low Density Residential 35000 Square Feet
Planned Industry
Laboratory Office Campus
Planned Industry Campus
Montebello, NY zones 4,580 acres across 15 districts. Commercial zoning covers 0.7% of zoned land, residential 86.7% and open space 0.6%. The largest single district is Rural Residential 50000 Square Feet at 67.1%. For commercial buyers the practical constraint is that only 0.7% of land carries a commercial or industrial designation.
Rural Residential 50000 Square Feet (RR-50)
The Planning Board may modify yard, setback, lot width and frontage requirements for single-family homes and accessory buildings in the ER-80 and RR-50 Zoning Districts. Such modifications shall not reduce the lot area below that required for the district in which the lot is located, nor shall any development coverage or floor area ratio be increased beyond…
Market overview
Demographics & Economy
Montebello, NY has 25,145 residents in 9,674 households. Density runs 1,068 people per square mile. Median household income here is $114,651 and median gross rent $1,746 a month.
25,145
Population
9,674
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
90%
High-School Grad
23.5 sq mi
ZIP Area
1,068
Density / Sq Mi
$114,651
Median Household Income
$59,561
Median Earnings
$1,746
Median Rent
$490,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hillburn | — | $16.03 |
| Airmont | — | $26.23 |
| Mahwah | — | $23.17 |
| Sloatsburg | — | — |
Commercial property in Montebello, NY asks $3,665/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montebello?
Commercial property in Montebello, NY asks an average of $3,665 per square foot. The 5 most recent recorded sales traded at a median of $271/SF, so asking sits 1252% above the achieved median.
How much does it cost to lease commercial space in Montebello?
Asking lease rates in Montebello, NY average $26.23 per square foot per year.
What zoning applies to commercial property in Montebello?
Montebello, NY zones 4,580 acres across 15 districts, of which 0.7% is commercial and 0% industrial. The largest single district is Rural Residential 50000 Square Feet at 67.1% of zoned land. The Planning Board may modify yard, setback, lot width and frontage requirements for single-family homes and accessory buildings in the ER-80 and RR-50 Zoning Districts. Such modifications shall not reduce the lot area below that required for the district in which the lot is located, nor shall any development coverage or floor area ratio be increased beyond… Residential zoning covers 86.7% and open space 0.6%.
Where does Realmo's Montebello market data come from?
Realmo compiles Montebello, NY figures from 7 recent recorded sales, 33 active sale listings, 24 active lease listings, 444 tracked off-market properties, the current Montebello zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 24 active for-lease listings in Montebello, 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: 4,580 zoned acres across 15 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 30 September 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 30 September 2026 · report a data issue
