Cortlandt Manor, NY
Commercial Real Estate Market Trends & Data

$421 Avg asking sale price
$6,469 Avg asking lease rate
19,054 SF Avg unit lease size
11,768 SF Avg building size for sale
8.22% Average cap rate

Cortlandt Manor's Demographic Profile

Cortlandt Manor has 6,455 households and a median income of $149,722, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 19,498
# Households 6,455
Median age 45
Median household income $149,722
Avg household size 3.0
Renter-occupied housing units 788
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cortlandt Manor, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cortlandt Manor $242 11,941 SF 10.00%
Peekskill $130 6,928 SF 10.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Cortlandt Manor $406 11,035 SF
Peekskill $391 26,361 SF
Buchanan $450 4,000 SF
Montrose $450 4,000 SF
Mohegan Lake $398 8,963 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Verplanck $375 3,747 SF 8.84%
Yorktown $669 5,375 SF 6.00%
Yorktown Heights $669 5,375 SF 6.00%

Commercial Properties For Sale in Cortlandt Manor

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

3436 Lexington Ave

Mohegan Lake, NY 10547

  • 2,168 SF Retail Building
  • $1,595,000
For Sale

Main Street Commons

Peekskill, NY 10566

  • 26,361 SF Retail Building
  • 6.43% Cap Rate
  • $10,313,337
For Sale

Cole's

Montrose, NY 10548

  • 4,000 SF Retail Building
  • $1,800,000
For Sale

4.5 acres indutrial land sale or rent rail

Peekskill, NY 10566

  • 4 AC Lot
  • 1 Industrial Lot
  • $3,700,000
For Sale

3120 Lexington Ave

Mohegan Lake, NY 10547

  • 15,180 SF Retail Building
  • $2,700,000
For Sale

00 lexington Ave

Mohegan Lake, NY 10547

  • 28.82 AC Lot
  • 1 Residential Income Lot
  • $799,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Cortlandt Manor pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cortlandt Manor $421 11,768 SF
Peekskill $177 14,603 SF
Buchanan $450 4,000 SF
Verplanck $266 3,747 SF
Montrose $648 7,600 SF

Regional Demographic Comparison

This comparison places Cortlandt Manor alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cortlandt Manor or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cortlandt Manor 19,498 6,455 45 $149,722 3 788 -3%
Peekskill 24,191 9,311 41 $78,175 3 4,642 -3%
Buchanan 2,314 832 43 $124,431 3 248 -2%
Verplanck 1,159 452 44 $89,825 3 164 -10%
Montrose 2,640 978 46 $131,250 3 211 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cortlandt Manor, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Cortlandt Manor

View All Commercial Real Estate For Sale in Cortlandt Manor
Is Cortlandt Manor a good market for a first-time commercial real estate investor?

Cortlandt Manor offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Cortlandt Manor?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cortlandt Manor. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Cortlandt Manor?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cortlandt Manor. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Cortlandt Manor compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cortlandt Manor. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Cortlandt Manor acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cortlandt Manor, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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