Commercial Real Estate Market in Montgomery, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
24 active listings and 408 off-market properties in Montgomery, NY. Commercial property asks $228/SF to buy (based on 6 listings) and $21.08/SF/Yr to lease (based on 3 listings).
Market Trends
Montgomery, NY spans 38.7 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Montgomery, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Montgomery, 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 Montgomery, 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
Multifamily vacancy in Montgomery, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 77.3%
- Industrial 11.1%
- Commercial 7.6%
- Planned_development 4.1%
Largest Zones share of zoned land by district
Montgomery, NY zones 934 acres across 12 districts. Commercial zoning covers 7.6% of zoned land, residential 77.3% and industrial 11.1%. The largest single district is Residence at 38.5%. For commercial buyers the practical constraint is that only 18.6% of land carries a commercial or industrial designation.
RM-1, RA-1, and RA-.5 Zoning Districts provided all the conditions of this section have been met. [Amended 10-6-2022 by L.L. No. 10-2022 ] (a) Parking. Adequate off-street parking shall be provided as required under the applicable zoning law and/or subdivision regulations for the single-family dwelling plus an additional two spaces for the AU. These addition…
Market overview
Demographics & Economy
Montgomery, NY has 10,349 residents in 3,918 households. Density runs 267 people per square mile. Median household income here is $125,000 and median gross rent $1,606 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Montgomery?
How much does it cost to lease commercial space in Montgomery?
What zoning applies to commercial property in Montgomery?
Where does Realmo's Montgomery market data come from?
Methodology & data sources
- Asking prices and medians
- There are 16 active for-sale and 8 active for-lease listings in Montgomery, NY. The medians are based on 6 of the for-sale and 3 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.
- Zoning and land use
- The current municipal zoning release: 934 zoned acres across 12 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 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
