Commercial Real Estate Market in Patterson, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 208 off-market properties in Patterson, NY.
Market Trends
Patterson, NY spans 23.5 square miles in Putnam County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Patterson, 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 Patterson, 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 Patterson, 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 Patterson, 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 92%
- Commercial 5.2%
- Industrial 2.8%
Largest Zones share of zoned land by district
Residence
Commercial Recreation
Industrial
Residence
Commercial
Patterson, NY zones 22,948 acres across 8 districts. Commercial zoning covers 5.2% of zoned land, residential 92% and industrial 2.8%. The largest single district is Residence at 89%. For commercial buyers the practical constraint is that only 8% of land carries a commercial or industrial designation.
Commercial Recreation (CR)
Uses in Commercial Recreation CR District [Amended 11-15-2006 by L.L. No. 10-2006; 2-14-2018 by L.L. No. 3-2018] § 154-40. Purpose and Intent. A. The purpose of the Commercial Recreation District is to afford the Town of Patterson an opportunity to permit the establishment of commercial recreation throughout the Town on those lots that are appropriate for th…
Market overview
Demographics & Economy
Patterson, NY has 7,586 residents in 2,276 households. Density runs 323 people per square mile. Median household income here is $102,472 and median gross rent $1,868 a month.
7,586
Population
2,276
Households
3.3
Avg Household Size
41
Median Age
28%
College-Educated
93%
High-School Grad
23.5 sq mi
ZIP Area
323
Density / Sq Mi
$102,472
Median Household Income
$45,714
Median Earnings
$1,868
Median Rent
$358,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pawling | — | — |
| Sears Corners | — | $26.00 |
| Whaley Lake | — | — |
| Sherman | — | — |
Commercial property in Patterson, NY asks $104/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Patterson?
Commercial property in Patterson, NY asks an average of $104 per square foot. The 3 most recent recorded sales traded at a median of $188/SF.
What zoning applies to commercial property in Patterson?
Patterson, NY zones 22,948 acres across 8 districts, of which 5.2% is commercial and 2.8% industrial. The largest single district is Residence at 89% of zoned land. Residential zoning covers 92% and open space 0%.
Where does Realmo's Patterson market data come from?
Realmo compiles Patterson, NY figures from 4 recent recorded sales, 16 active sale listings, 2 active lease listings, 208 tracked off-market properties, the current Patterson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 2 active for-lease listings in Patterson, 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: 22,948 zoned acres across 8 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 31 August 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 August 2026 · report a data issue
