Commercial Real Estate Market in Murray Isle, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 244 off-market properties in Murray Isle, NY.
Market Trends
Murray Isle, NY spans 63.3 square miles in Jefferson County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Murray Isle, 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 Murray Isle, 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 Murray Isle, 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 space in Murray Isle, NY asks $78/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Murray Isle, NY has 4,967 residents in 3,431 households. Density runs 78 people per square mile. Median household income here is $79,167 and median gross rent $982 a month.
4,967
Population
3,431
Households
1.4
Avg Household Size
45
Median Age
31%
College-Educated
85%
High-School Grad
63.3 sq mi
ZIP Area
78
Density / Sq Mi
$79,167
Median Household Income
$48,172
Median Earnings
$982
Median Rent
$224,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thousand Island Park | — | — |
| Fishers Landing | — | — |
| Wellesley Island | — | — |
| Westminster Park | — | — |
Commercial property in Murray Isle, NY asks $98/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Murray Isle?
Commercial property in Murray Isle, NY asks an average of $98 per square foot. The 6 most recent recorded sales traded at a median of $182/SF. Multifamily carries the highest asking price at $78/SF.
Where does Realmo's Murray Isle market data come from?
Realmo compiles Murray Isle, NY figures from 7 recent recorded sales, 28 active sale listings, 244 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 28 active for-sale and 0 active for-lease listings in Murray Isle, 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
