Commercial Real Estate Market in Montgomery, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 408 off-market properties in Montgomery, NY. Commercial property asks $151/SF to buy and $34.74/SF/Yr to lease.
Market Trends
Montgomery, NY spans 38.7 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montgomery, 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 Montgomery, 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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Montgomery, 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 77.3%
- Industrial 11.1%
- Commercial 7.6%
- Planned_development 4.1%
Largest Zones share of zoned land by district
Residence
Multiple Residence
Industrial Park
One Family Residence
One Family Residence
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.
Multiple Residence (RM-1)
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.
10,349
Population
3,918
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
93%
High-School Grad
38.7 sq mi
ZIP Area
267
Density / Sq Mi
$125,000
Median Household Income
$66,250
Median Earnings
$1,606
Median Rent
$377,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Maybrook | — | — |
| Walden | — | — |
| Rock Tavern | — | — |
| Wallkill | — | — |
Commercial property in Montgomery, NY asks $151/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montgomery?
Commercial property in Montgomery, NY asks an average of $151 per square foot. The 5 most recent recorded sales traded at a median of $244/SF.
How much does it cost to lease commercial space in Montgomery?
Asking lease rates in Montgomery, NY average $34.74 per square foot per year.
What zoning applies to commercial property in Montgomery?
Montgomery, NY zones 934 acres across 12 districts, of which 7.6% is commercial and 11.1% industrial. The largest single district is Residence at 38.5% of zoned land. Residential zoning covers 77.3% and open space 0%.
Where does Realmo's Montgomery market data come from?
Realmo compiles Montgomery, NY figures from 6 recent recorded sales, 27 active sale listings, 7 active lease listings, 408 tracked off-market properties, the current Montgomery zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 7 active for-lease listings in Montgomery, 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: 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 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
