Commercial Real Estate Market in Pearl River, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
80 active listings and 921 off-market properties in Pearl River, NY. Commercial property asks $1,663/SF to buy and $28.79/SF/Yr to lease.
Market Trends
Pearl River, NY spans 5.2 square miles in Rockland County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Pearl River, 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 Pearl River, 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 Pearl River, 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 Pearl River, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Pearl River, NY has 15,342 residents in 5,937 households. Density runs 2,932 people per square mile. Median household income here is $136,970 and median gross rent $2,036 a month.
15,342
Population
5,937
Households
2.6
Avg Household Size
44
Median Age
47%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
2,932
Density / Sq Mi
$136,970
Median Household Income
$67,163
Median Earnings
$2,036
Median Rent
$560,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nanuet | — | $29.04 |
| Chestnut Ridge | — | $28.79 |
Commercial property in Pearl River, NY asks $1,663/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pearl River?
Commercial property in Pearl River, NY asks an average of $1,663 per square foot. The 4 most recent recorded sales traded at a median of $487/SF, so asking sits 242% above the achieved median.
How much does it cost to lease commercial space in Pearl River?
Asking lease rates in Pearl River, NY average $28.79 per square foot per year.
Where does Realmo's Pearl River market data come from?
Realmo compiles Pearl River, NY figures from 7 recent recorded sales, 45 active sale listings, 35 active lease listings, 921 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 45 active for-sale and 35 active for-lease listings in Pearl River, 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
