Commercial Real Estate Market in Westminster Park, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 223 off-market properties in Westminster Park, NY.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westminster 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 Westminster 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 Westminster 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 space in Westminster Park, NY asks $78/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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wellesley Island | — | — |
| Plessis | — | — |
| Thousand Island Park | — | — |
| Fishers Landing | — | — |
Commercial property in Westminster Park, NY asks $380/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westminster Park?
Commercial property in Westminster Park, NY asks an average of $380 per square foot. The 4 most recent recorded sales traded at a median of $72/SF, so asking sits 430% above the achieved median. Multifamily carries the highest asking price at $78/SF.
Where does Realmo's Westminster Park market data come from?
Realmo compiles Westminster Park, NY figures from 6 recent recorded sales, 21 active sale listings, 1 active lease listings, 223 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 1 active for-lease listings in Westminster 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 31 August 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 August 2026 · report a data issue
