Commercial Real Estate Market in North Baldwin, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
25 active listings and 427 off-market properties in North Baldwin, NY. Commercial property asks $300/SF to buy (based on 5 listings) and $23.14/SF/Yr to lease (based on 3 listings).
Market Trends
North Baldwin, NY spans 4.2 square miles in Nassau County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in North Baldwin, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in North Baldwin, 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 North Baldwin, 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
Multifamily vacancy in North Baldwin, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
North Baldwin, NY has 34,617 residents in 11,463 households. Density runs 8,337 people per square mile. Median household income here is $141,120 and median gross rent $1,695 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Rockville Centre | $306 | $27.84 |
| Freeport | $299 | $23.31 |
| Hempstead | $268 | $33.75 |
| Lynbrook | $473 | $35.41 |
Commercial property in North Baldwin, NY asks $300/SF. The 4 bordering markets run from $268/SF in Hempstead to $473/SF in Lynbrook, and the city sits in line with their $302/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in North Baldwin?
How much does it cost to lease commercial space in North Baldwin?
How does North Baldwin compare to nearby markets on price?
Where does Realmo's North Baldwin market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 12 active for-lease listings in North Baldwin, NY. The medians are based on 5 of the for-sale and 3 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
