Commercial Real Estate Market in North Babylon, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
60 active listings and 1,240 off-market properties in North Babylon, NY. Commercial property asks $780/SF to buy and $32.96/SF/Yr to lease.
Market Trends
North Babylon, NY spans 3.0 square miles in Suffolk County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in North Babylon, 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 North Babylon, 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 North Babylon, 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 North Babylon, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
North Babylon, NY has 16,635 residents in 5,665 households. Density runs 5,459 people per square mile. Median household income here is $130,140 and median gross rent $2,206 a month.
16,635
Population
5,665
Households
2.9
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
3 sq mi
ZIP Area
5,459
Density / Sq Mi
$130,140
Median Household Income
$58,293
Median Earnings
$2,206
Median Rent
$469,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Deer Park | — | — |
| West Islip | — | — |
| Babylon | — | $32.96 |
| Islip Manor | — | — |
Commercial property in North Babylon, NY asks $780/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Babylon?
Commercial property in North Babylon, NY asks an average of $780 per square foot. The 3 most recent recorded sales traded at a median of $300/SF, so asking sits 160% above the achieved median.
How much does it cost to lease commercial space in North Babylon?
Asking lease rates in North Babylon, NY average $32.96 per square foot per year.
Where does Realmo's North Babylon market data come from?
Realmo compiles North Babylon, NY figures from 4 recent recorded sales, 35 active sale listings, 25 active lease listings, 1,240 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 25 active for-lease listings in North Babylon, 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 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, 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 30 September 2026 · report a data issue
