Commercial Real Estate Market in Rockaway Park, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
125 active listings and 1,690 off-market properties in Rockaway Park, NY. Commercial property asks $646/SF to buy and $30.00/SF/Yr to lease.
Market Trends
Rockaway Park, NY spans 1.7 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Rockaway Park, 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 Rockaway Park, 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 Rockaway Park, 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 Rockaway Park, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Rockaway Park, NY has 19,780 residents in 9,103 households. Density runs 11,320 people per square mile. Median household income here is $103,792 and median gross rent $1,787 a month.
19,780
Population
9,103
Households
2.2
Avg Household Size
46
Median Age
43%
College-Educated
90%
High-School Grad
1.7 sq mi
ZIP Area
11,320
Density / Sq Mi
$103,792
Median Household Income
$65,602
Median Earnings
$1,787
Median Rent
$839,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brooklyn | $619 (county avg) | $43.75 |
| Far Rockaway | — | — |
| Meadowmere Park | — | — |
Commercial property in Rockaway Park, NY asks $646/SF. That compares with $619/SF in Brooklyn.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rockaway Park?
Commercial property in Rockaway Park, NY asks an average of $646 per square foot. The 6 most recent recorded sales traded at a median of $429/SF, so asking sits 51% above the achieved median.
How much does it cost to lease commercial space in Rockaway Park?
Asking lease rates in Rockaway Park, NY average $30.00 per square foot per year.
How does Rockaway Park compare to nearby markets on price?
Rockaway Park, NY asks $646/SF against $619/SF in Brooklyn. Brooklyn is the cheapest entry point at 4% below Rockaway Park pricing, with $43.75/SF/Yr asking rents.
Where does Realmo's Rockaway Park market data come from?
Realmo compiles Rockaway Park, NY figures from 6 recent recorded sales, 108 active sale listings, 17 active lease listings, 1,690 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 108 active for-sale and 17 active for-lease listings in Rockaway Park, 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 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 · report a data issue
