Commercial Real Estate Market in Saint Albans, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,111 active listings and 10,248 off-market properties in Saint Albans, NY. Commercial property asks $860/SF to buy and $37.33/SF/Yr to lease.
Market Trends
Saint Albans, NY spans 4.7 square miles in Queens County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Saint Albans, NY asks $450/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Saint Albans, NY asks $599/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Saint Albans, 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 space in Saint Albans, NY asks $511/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Saint Albans, NY has 80,936 residents in 27,306 households. Density runs 17,363 people per square mile. Median household income here is $107,099 and median gross rent $1,847 a month.
80,936
Population
27,306
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
17,363
Density / Sq Mi
$107,099
Median Household Income
$49,455
Median Earnings
$1,847
Median Rent
$632,685
Median Home Value
Tools
Lease vs Buy Breakeven
At $37.33/SF/Yr lease vs $860/SF buy → buying wins if held > 16.2 years.
At a 4.3% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jamaica | — | $37.33 |
| Valley Stream | — | $27.00 |
| Floral Park | — | $28.70 |
| Meadowmere Park | — | $26.13 |
Commercial property in Saint Albans, NY asks $860/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint Albans?
Commercial property in Saint Albans, NY asks an average of $860 per square foot. The 6 most recent recorded sales traded at a median of $540/SF, so asking sits 59% above the achieved median. Retail carries the highest asking price at $599/SF.
How much does it cost to lease commercial space in Saint Albans?
Asking lease rates in Saint Albans, NY average $37.33 per square foot per year.
Is it cheaper to lease or buy commercial space in Saint Albans?
Buying beats leasing in Saint Albans, NY if the property is held longer than 16.2 years, comparing $37.33/SF/Yr asking rent with $860/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Saint Albans market data come from?
Realmo compiles Saint Albans, NY figures from 6 recent recorded sales, 929 active sale listings, 182 active lease listings, 10,248 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 929 active for-sale and 182 active for-lease listings in Saint Albans, 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 · How Realmo checks market page data · Report a data issue
