Commercial Real Estate Market in New Lebanon, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 92 off-market properties in New Lebanon, NY.
Market Trends
New Lebanon, NY spans 16.0 square miles in Columbia County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Lebanon, 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 New Lebanon, 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 New Lebanon, 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 New Lebanon, NY asks $230/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
New Lebanon, NY has 1,478 residents in 619 households. Density runs 92 people per square mile. Median household income here is $67,596 and median gross rent $983 a month.
1,478
Population
619
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
96%
High-School Grad
16 sq mi
ZIP Area
92
Density / Sq Mi
$67,596
Median Household Income
$41,489
Median Earnings
$983
Median Rent
$247,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Lebanon | — | — |
| Hancock | — | — |
| Brainard | — | — |
| Canaan | — | — |
Commercial property in New Lebanon, NY asks $274/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Lebanon?
Commercial property in New Lebanon, NY asks an average of $274 per square foot. The 7 most recent recorded sales traded at a median of $78/SF, so asking sits 253% above the achieved median. Multifamily carries the highest asking price at $230/SF.
Where does Realmo's New Lebanon market data come from?
Realmo compiles New Lebanon, NY figures from 8 recent recorded sales, 8 active sale listings, 1 active lease listings, 92 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 8 active for-sale and 1 active for-lease listings in New Lebanon, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
