Commercial Real Estate Market in Tompkins Corners, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 141 off-market properties in Tompkins Corners, NY. Commercial property asks $6,428/SF to buy and $22.53/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Tompkins Corners, 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 Tompkins Corners, 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 Tompkins Corners, 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 Tompkins Corners, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mahopac | — | $21.06 |
| Kent Lakes | — | $19.67 |
Commercial property in Tompkins Corners, NY asks $6,428/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tompkins Corners?
Commercial property in Tompkins Corners, NY asks an average of $6,428 per square foot. The 6 most recent recorded sales traded at a median of $233/SF, so asking sits 2661% above the achieved median.
How much does it cost to lease commercial space in Tompkins Corners?
Asking lease rates in Tompkins Corners, NY average $22.53 per square foot per year.
Where does Realmo's Tompkins Corners market data come from?
Realmo compiles Tompkins Corners, NY figures from 7 recent recorded sales, 7 active sale listings, 15 active lease listings, 141 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 15 active for-lease listings in Tompkins Corners, 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 31 October 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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 31 October 2026 · How Realmo checks market page data · Report a data issue
