Commercial Real Estate Market in Staten Island, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,169 active listings and 8,569 off-market properties in Staten Island, NY. Commercial property asks $468/SF to buy and $29.59/SF/Yr to lease.
Market Trends
Staten Island, NY spans 55.6 square miles in Richmond County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Staten Island, NY asks $435/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 Staten Island, NY asks $460/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 Staten Island, 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 Staten Island, NY asks $474/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
Staten Island, NY has 495,747 residents in 184,074 households. Density runs 8,911 people per square mile. Median household income here is $98,993 and median gross rent $1,718 a month.
495,747
Population
184,074
Households
2.7
Avg Household Size
40
Median Age
36%
College-Educated
88%
High-School Grad
55.6 sq mi
ZIP Area
8,911
Density / Sq Mi
$98,993
Median Household Income
$56,046
Median Earnings
$1,718
Median Rent
$657,015
Median Home Value
Tools
Lease vs Buy Breakeven
At $29.59/SF/Yr lease vs $468/SF buy → buying wins if held > 4.4 years.
The comparison uses county-wide sale comps against Staten Island asking rents, so the implied 6.3% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. 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 |
|---|---|---|
| Carteret | $168 (county avg) | — |
| Brooklyn | $619 (county avg) | $43.75 |
Commercial property in Staten Island, NY asks $468/SF. The 2 bordering markets run from $168/SF in Carteret to $619/SF in Brooklyn, and the city sits above their $394/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Staten Island?
Commercial property in Staten Island, NY asks an average of $468 per square foot. The 7 most recent recorded sales traded at a median of $352/SF, so asking sits 33% above the achieved median. Multifamily carries the highest asking price at $474/SF.
How much does it cost to lease commercial space in Staten Island?
Asking lease rates in Staten Island, NY average $29.59 per square foot per year.
Is it cheaper to lease or buy commercial space in Staten Island?
Buying beats leasing in Staten Island, NY if the property is held longer than 4.4 years, comparing $29.59/SF/Yr asking rent with $468/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.
How does Staten Island compare to nearby markets on price?
Staten Island, NY asks $468/SF against $168/SF in Carteret and $619/SF in Brooklyn. Carteret is the cheapest entry point at 64% below Staten Island pricing.
Where does Realmo's Staten Island market data come from?
Realmo compiles Staten Island, NY figures from 7 recent recorded sales, 1,076 active sale listings, 93 active lease listings, 8,569 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 1,076 active for-sale and 93 active for-lease listings in Staten Island, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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
