Commercial Real Estate Market in Mount Vernon, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
156 active listings and 1,316 off-market properties in Mount Vernon, NY. Commercial property asks $328/SF to buy and $10.00/SF/Yr to lease.
Market Trends
Mount Vernon, NY spans 4.3 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mount Vernon, 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 Mount Vernon, 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 Mount Vernon, 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 Mount Vernon, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Mount Vernon, NY has 73,714 residents in 30,809 households. Density runs 16,998 people per square mile. Median household income here is $72,691 and median gross rent $1,592 a month.
73,714
Population
30,809
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
16,998
Density / Sq Mi
$72,691
Median Household Income
$49,895
Median Earnings
$1,592
Median Rent
$440,051
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Rochelle | — | — |
| Yonkers | — | $32.33 |
| Greystone Park | — | — |
| Larchmont | — | $42.74 |
Commercial property in Mount Vernon, NY asks $328/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mount Vernon?
Commercial property in Mount Vernon, NY asks an average of $328 per square foot. The 3 most recent recorded sales traded at a median of $730/SF.
How much does it cost to lease commercial space in Mount Vernon?
Asking lease rates in Mount Vernon, NY average $10.00 per square foot per year.
Where does Realmo's Mount Vernon market data come from?
Realmo compiles Mount Vernon, NY figures from 7 recent recorded sales, 136 active sale listings, 20 active lease listings, 1,316 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 136 active for-sale and 20 active for-lease listings in Mount Vernon, 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 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
