Commercial Real Estate Market in Newburgh, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
265 active listings and 2,528 off-market properties in Newburgh, NY. Commercial property asks $182/SF to buy and $20.43/SF/Yr to lease.
Market Trends
Newburgh, NY spans 58.8 square miles in Orange County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newburgh, 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 Newburgh, 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 Newburgh, 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 Newburgh, 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 58.7%
- Commercial 16.3%
- Industrial 11%
- Open space 7.3%
- Civic 4.5%
Largest Zones share of zoned land by district
Residential Low Density
Industrial
Residential Medium Density
Commercial District
Conservation Development District
Newburgh, NY zones 2,487 acres across 13 districts. Commercial zoning covers 16.3% of zoned land, residential 58.7%, open space 7.3% and industrial 11%. The largest single district is Residential Low Density at 39.5%. For commercial buyers the practical constraint is that only 27.3% of land carries a commercial or industrial designation.
Industrial (IND)
This zoning district is intended to include characterized by commercial activity focused on manufacturing, packaging, storage or warehousing, or wholesale production of goods.
Market overview
Demographics & Economy
Newburgh, NY has 82,597 residents in 33,354 households. Density runs 1,404 people per square mile. Median household income here is $83,257 and median gross rent $1,513 a month.
82,597
Population
33,354
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
87%
High-School Grad
58.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$83,257
Median Household Income
$43,994
Median Earnings
$1,513
Median Rent
$314,809
Median Home Value
Tools
Lease vs Buy Breakeven
At $20.43/SF/Yr lease vs $182/SF buy → buying wins if held > 1.1 years.
At a 11.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Beacon | — | $28.58 |
| Marlborough | — | — |
| New Hamburg | — | $37.76 |
Commercial property in Newburgh, NY asks $182/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newburgh?
Commercial property in Newburgh, NY asks an average of $182 per square foot. The 3 most recent recorded sales traded at a median of $128/SF, so asking sits 42% above the achieved median.
How much does it cost to lease commercial space in Newburgh?
Asking lease rates in Newburgh, NY average $20.43 per square foot per year.
Is it cheaper to lease or buy commercial space in Newburgh?
Buying beats leasing in Newburgh, NY if the property is held longer than 1.1 years, comparing $20.43/SF/Yr asking rent with $182/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Newburgh?
Newburgh, NY zones 2,487 acres across 13 districts, of which 16.3% is commercial and 11% industrial. The largest single district is Residential Low Density at 39.5% of zoned land. Residential zoning covers 58.7% and open space 7.3%.
Where does Realmo's Newburgh market data come from?
Realmo compiles Newburgh, NY figures from 5 recent recorded sales, 178 active sale listings, 87 active lease listings, 2,528 tracked off-market properties, the current Newburgh zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 178 active for-sale and 87 active for-lease listings in Newburgh, 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: 2,487 zoned acres across 13 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 30 September 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 30 September 2026 · report a data issue
