Commercial Real Estate Market in Scotia, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
422 active listings and 3,379 off-market properties in Scotia, NY. Commercial property asks $31/SF to buy and $13.45/SF/Yr to lease.
Market Trends
Scotia, NY spans 43.3 square miles in Schenectady County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Scotia, NY asks $102/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 Scotia, NY asks $129/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 Scotia, 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 Scotia, NY asks $120/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 77.8%
- Commercial 12.1%
- Industrial 9.9%
Largest Zones share of zoned land by district
Single Family Residence 5000 Square Feet
Industrial
Single Family Residence 6000 Square Feet
Multiple Residence
Business And Residence
Scotia, NY zones 1,143 acres across 12 districts. Commercial zoning covers 12.1% of zoned land, residential 77.8% and industrial 9.9%. The largest single district is Single Family Residence 5000 Square Feet at 55.4%. For commercial buyers the practical constraint is that only 22% of land carries a commercial or industrial designation.
Single Family Residence 5000 Square Feet (SR-5)
SR-5 5,000 50 100 30 20 8 25 -- 35 1,000 SR-6 6,000 60 100 30 20 10 25 -- 35 1,000 SR-8 8,000 80 100 30 30 15 25 -- 35 1,000 SR-10 10,000 100 100 30 30 20 25 -- 35 1,000 MR Multiple Residence 10,000 80 100 40 20 15(a) 30(b) 6 75 660(c) B-R Business-Residence Residential (d) (d) (d) (d) (d) (d) (d) 3 35 (d) Business 15,000 100 100 40 20 15(a) 30(b) 3 40 -- N-…
Market overview
Demographics & Economy
Scotia, NY has 27,618 residents in 12,406 households. Density runs 637 people per square mile. Median household income here is $94,156 and median gross rent $1,207 a month.
27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
637
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Guilderland | $128 (county avg) | — |
| Dunsbach Ferry | $128 (county avg) | $7.44 |
Commercial property in Scotia, NY asks $31/SF. The 2 bordering markets run from $128/SF in Guilderland to $128/SF in Guilderland, and the city sits below their $128/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Scotia?
Commercial property in Scotia, NY asks an average of $31 per square foot. The 5 most recent recorded sales traded at a median of $98/SF. Retail carries the highest asking price at $129/SF.
How much does it cost to lease commercial space in Scotia?
Asking lease rates in Scotia, NY average $13.45 per square foot per year.
How does Scotia compare to nearby markets on price?
Scotia, NY asks $31/SF against $128/SF in Guilderland and $128/SF in Dunsbach Ferry.
What zoning applies to commercial property in Scotia?
Scotia, NY zones 1,143 acres across 12 districts, of which 12.1% is commercial and 9.9% industrial. The largest single district is Single Family Residence 5000 Square Feet at 55.4% of zoned land. SR-5 5,000 50 100 30 20 8 25 -- 35 1,000 SR-6 6,000 60 100 30 20 10 25 -- 35 1,000 SR-8 8,000 80 100 30 30 15 25 -- 35 1,000 SR-10 10,000 100 100 30 30 20 25 -- 35 1,000 MR Multiple Residence 10,000 80 100 40 20 15(a) 30(b) 6 75 660(c) B-R Business-Residence Residential (d) (d) (d) (d) (d) (d) (d) 3 35 (d) Business 15,000 100 100 40 20 15(a) 30(b) 3 40 -- N-… Residential zoning covers 77.8% and open space 0%.
Where does Realmo's Scotia market data come from?
Realmo compiles Scotia, NY figures from 6 recent recorded sales, 305 active sale listings, 117 active lease listings, 3,379 tracked off-market properties, the current Scotia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 305 active for-sale and 117 active for-lease listings in Scotia, 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: 1,143 zoned acres across 12 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 · report a data issue
