Commercial Real Estate Market in Poughkeepsie, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
211 active listings and 1,812 off-market properties in Poughkeepsie, NY. Commercial property asks $103/SF to buy and $39.87/SF/Yr to lease.
Market Trends
Poughkeepsie, NY spans 50.3 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Poughkeepsie, 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 Poughkeepsie, 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 Poughkeepsie, 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 Poughkeepsie, 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 68%
- Civic 9.6%
- Commercial 7.6%
- Industrial 6.8%
- Open space 1%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Residence Single Family 20000 Square Feet
Residence Single Family 4 Acre
Institutional
Quarry
Heavy Industry
Poughkeepsie, NY zones 16,916 acres across 25 districts. Commercial zoning covers 7.6% of zoned land, residential 68%, open space 1% and industrial 6.8%. The largest single district is Residence Single Family 20000 Square Feet at 43.8%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Residence Single Family 20000 Square Feet (R-20)
This district recognizes and is intended to preserve the principally single-family residential development pattern within the Towns established neighborhoods by promoting continuing opportunity for single-family residential and smaller-scale community facility uses within these neighborhoods consistent with their established character. To the extent undevelo…
Market overview
Demographics & Economy
Poughkeepsie, NY has 87,745 residents in 35,499 households. Density runs 1,743 people per square mile. Median household income here is $83,835 and median gross rent $1,497 a month.
87,745
Population
35,499
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
91%
High-School Grad
50.3 sq mi
ZIP Area
1,743
Density / Sq Mi
$83,835
Median Household Income
$44,528
Median Earnings
$1,497
Median Rent
$307,821
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Highland | — | — |
| Milton | — | — |
| Hyde Park | — | — |
| La Grange | — | $41.50 |
Commercial property in Poughkeepsie, NY asks $103/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Poughkeepsie?
Commercial property in Poughkeepsie, NY asks an average of $103 per square foot. The 5 most recent recorded sales traded at a median of $189/SF.
How much does it cost to lease commercial space in Poughkeepsie?
Asking lease rates in Poughkeepsie, NY average $39.87 per square foot per year.
What zoning applies to commercial property in Poughkeepsie?
Poughkeepsie, NY zones 16,916 acres across 25 districts, of which 7.6% is commercial and 6.8% industrial. The largest single district is Residence Single Family 20000 Square Feet at 43.8% of zoned land. This district recognizes and is intended to preserve the principally single-family residential development pattern within the Towns established neighborhoods by promoting continuing opportunity for single-family residential and smaller-scale community facility uses within these neighborhoods consistent with their established character. To the extent undevelo… Residential zoning covers 68% and open space 1%.
Where does Realmo's Poughkeepsie market data come from?
Realmo compiles Poughkeepsie, NY figures from 5 recent recorded sales, 139 active sale listings, 72 active lease listings, 1,812 tracked off-market properties, the current Poughkeepsie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 139 active for-sale and 72 active for-lease listings in Poughkeepsie, 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: 16,916 zoned acres across 25 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
