Commercial Real Estate Market in Newtonville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
104 active listings and 800 off-market properties in Newtonville, NY. Commercial property asks $165/SF to buy and $18.50/SF/Yr to lease.
Market Trends
Newtonville, NY spans 14.3 square miles in Albany County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Albany County, office space asks $122/SF to buy. Office vacancy in Newtonville, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Albany County, retail space asks $127/SF to buy. Retail vacancy in Newtonville, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Newtonville, 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%.
Multifamily
Across Albany County, multifamily space asks $124/SF to buy. Multifamily vacancy in Newtonville, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Newtonville, NY has 19,682 residents in 8,269 households. Density runs 1,372 people per square mile. Median household income here is $101,839 and median gross rent $1,431 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Watervliet | $123 | $10.50 |
| Troy | $109 | $15.75 |
| Dunsbach Ferry | $110 | $13.64 |
| Albany | $133 | $15.25 |
Commercial property in Newtonville, NY asks $165/SF. The 4 bordering markets run from $109/SF in Troy to $133/SF in Albany, and the city sits above their $117/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Newtonville?
How much does it cost to lease commercial space in Newtonville?
How does Newtonville compare to nearby markets on price?
Where does Realmo's Newtonville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 29 active for-sale and 75 active for-lease listings in Newtonville, NY. The medians are based on 10 of the for-sale and 43 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue