Commercial Real Estate Market in Philipstown, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
10 active listings and 198 off-market properties in Philipstown, NY. Commercial property asks $488/SF to buy and $25.94/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Philipstown, 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 Philipstown, 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 Philipstown, 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 Philipstown, 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
- Agricultural 91.9%
- Residential 6.6%
- Civic 0.9%
- Mixed use 0.4%
- Commercial 0.2%
- Industrial 0.1%
Largest Zones share of zoned land by district
Rural Conservation
Rural Residential
Suburban Residential
Institutional Conservation
Office Commercial Industry Mixed Use
Rural Conservation (RC)
Rural Conservation District (RC). The purpose of this district is to promote land conservation, agriculture, forestry, recreation, and the preservation of open space, as well as other compatible rural uses, by encouraging such activities and by discouraging large-scale residential development, while allowing low-density residential uses. B.
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nelsonville | — | — |
| Fishkill | — | — |
| Tompkins Corners | — | $22.53 |
| Beacon | — | $37.68 |
Commercial property in Philipstown, NY asks $488/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Philipstown?
Commercial property in Philipstown, NY asks an average of $488 per square foot.
How much does it cost to lease commercial space in Philipstown?
Asking lease rates in Philipstown, NY average $25.94 per square foot per year.
Where does Realmo's Philipstown market data come from?
Realmo compiles Philipstown, NY figures from 3 recent recorded sales, 8 active sale listings, 2 active lease listings, 198 tracked off-market properties, the current Philipstown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 2 active for-lease listings in Philipstown, 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: 47,702 zoned acres across 9 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 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 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 30 September 2026 · How Realmo checks market page data · Report a data issue
