Commercial Real Estate Market in Purchase, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 38 off-market properties in Purchase, NY.
Market Trends
Purchase, NY spans 6.6 square miles in Westchester County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Purchase, 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 Purchase, 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 Purchase, 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 Purchase, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Purchase, NY has 6,008 residents in 875 households. Density runs 906 people per square mile. Median household income here is $250,001.
6,008
Population
875
Households
6.9
Avg Household Size
22
Median Age
82%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
906
Density / Sq Mi
$250,001
Median Household Income
$9,473
Median Earnings
$0
Median Rent
$1,461,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rye Brook | — | — |
| White Plains | — | $34.34 |
| Valhalla | — | — |
| Harrison | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Purchase?
Asking lease rates in Purchase, NY average $29.00 per square foot per year.
Where does Realmo's Purchase market data come from?
Realmo compiles Purchase, NY figures from 4 active sale listings, 7 active lease listings, 38 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 7 active for-lease listings in Purchase, 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 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
