Commercial Real Estate Market in Monticello, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
124 active listings and 664 off-market properties in Monticello, NY. Commercial property asks $57/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Monticello, NY spans 105.7 square miles in Sullivan County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monticello, 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 Monticello, 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 Monticello, 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 Monticello, 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
- Commercial 48.2%
- Residential 39.7%
- Industrial 0.4%
Largest Zones share of zoned land by district
General Business
Residence
East Broadway Village
Core Business
Mobile Home Courts
Monticello, NY zones 1,275 acres across 11 districts. Commercial zoning covers 48.2% of zoned land, residential 39.7% and industrial 0.4%. The largest single district is General Business at 35.2%. For commercial buyers the practical constraint is that only 48.5% of land carries a commercial or industrial designation.
General Business (B-1)
Artist lofts in B-1, BLI and B-1-O Districts. § 280-40.3 Assisted living in B-1 Zoning District. § 280-40.4 (Reserved) § 280-40.5 Residential use in B-2 Zoning District. § 280-40.6 Approval procedure for site plans and special use permits pursuant to Village Law § 7-725-A(6).
Market overview
Demographics & Economy
Monticello, NY has 13,070 residents in 7,686 households. Density runs 124 people per square mile. Median household income here is $61,335 and median gross rent $989 a month.
13,070
Population
7,686
Households
1.7
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
105.7 sq mi
ZIP Area
124
Density / Sq Mi
$61,335
Median Household Income
$37,462
Median Earnings
$989
Median Rent
$186,514
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kiamesha Lake | — | — |
| Thompsonville | — | — |
| Harris | — | — |
| Mongaup Valley | — | — |
Commercial property in Monticello, NY asks $57/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monticello?
Commercial property in Monticello, NY asks an average of $57 per square foot. The 4 most recent recorded sales traded at a median of $72/SF.
How much does it cost to lease commercial space in Monticello?
Asking lease rates in Monticello, NY average $16.00 per square foot per year.
What zoning applies to commercial property in Monticello?
Monticello, NY zones 1,275 acres across 11 districts, of which 48.2% is commercial and 0.4% industrial. The largest single district is General Business at 35.2% of zoned land. Artist lofts in B-1, BLI and B-1-O Districts. § 280-40.3 Assisted living in B-1 Zoning District. § 280-40.4 (Reserved) § 280-40.5 Residential use in B-2 Zoning District. § 280-40.6 Approval procedure for site plans and special use permits pursuant to Village Law § 7-725-A(6). Residential zoning covers 39.7% and open space 0%.
Where does Realmo's Monticello market data come from?
Realmo compiles Monticello, NY figures from 4 recent recorded sales, 98 active sale listings, 26 active lease listings, 664 tracked off-market properties, the current Monticello zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 98 active for-sale and 26 active for-lease listings in Monticello, 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: 1,275 zoned acres across 11 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
