Commercial Real Estate Market in Old Westbury, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
36 active listings and 939 off-market properties in Old Westbury, NY.
Market Trends
Old Westbury, NY spans 8.7 square miles in Nassau County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Old Westbury, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Old Westbury, 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 Old Westbury, 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 Old Westbury, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Old Westbury, NY has 4,168 residents in 1,090 households. Density runs 481 people per square mile. Median household income here is $250,001 and median gross rent $3,501 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Westbury | $853 | — |
| Garden City | $354 | $25.00 |
Commercial property in Old Westbury, NY asks $853/SF. The 2 bordering markets run from $354/SF in Garden City to $853/SF in Westbury, and the city sits above their $604/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Old Westbury?
How does Old Westbury compare to nearby markets on price?
Where does Realmo's Old Westbury market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 17 active for-lease listings in Old Westbury, NY. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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, 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 October 2026 · How Realmo checks market page data · Report a data issue
