Commercial Real Estate Market in South Floral Park, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
61 active listings and 995 off-market properties in South Floral Park, NY. Commercial property asks $1,149/SF to buy and $28.70/SF/Yr to lease.
Market Trends
South Floral Park, NY spans 2.2 square miles in Nassau County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in South Floral 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 South Floral 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 South Floral 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 South Floral 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
South Floral Park, NY has 27,662 residents in 8,923 households. Density runs 12,543 people per square mile. Median household income here is $144,755 and median gross rent $2,196 a month.
27,662
Population
8,923
Households
3.1
Avg Household Size
43
Median Age
53%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
12,543
Density / Sq Mi
$144,755
Median Household Income
$66,053
Median Earnings
$2,196
Median Rent
$714,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Floral Park | — | $28.70 |
| New Hyde Park | — | $35.83 |
| Franklin Square | — | — |
| Valley Stream | — | $27.00 |
Commercial property in South Floral Park, NY asks $1,149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Floral Park?
Commercial property in South Floral Park, NY asks an average of $1,149 per square foot. The 5 most recent recorded sales traded at a median of $583/SF, so asking sits 97% above the achieved median.
How much does it cost to lease commercial space in South Floral Park?
Asking lease rates in South Floral Park, NY average $28.70 per square foot per year.
Where does Realmo's South Floral Park market data come from?
Realmo compiles South Floral Park, NY figures from 5 recent recorded sales, 38 active sale listings, 23 active lease listings, 995 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 38 active for-sale and 23 active for-lease listings in South Floral 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 · How Realmo checks market page data · Report a data issue
