New Hartford, NY
Commercial Real Estate Market Trends & Data

$140 Avg asking sale price
$14 Avg asking lease rate
10,371 SF Avg unit lease size
16,309 SF Avg building size for sale
9.37% Average cap rate

New Hartford's Demographic Profile

New Hartford has 821 households and a median income of $65,454, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 1,785
# Households 821
Median age 43
Median household income $65,454
Avg household size 2.0
Renter-occupied housing units 319
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near New Hartford, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
New Hartford $287 11,705 SF 6.50%
New York Mills $431 17,114 SF 6.50%
Whitestown $189 19,758 SF 6.50%
Utica $125 17,164 SF 6.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
New Hartford $74 22,563 SF 12.00%
New York Mills $103 17,605 SF 7.97%
Yorkville $83 55,739 SF 7.97%
Whitesboro $51 23,000 SF 7.97%
Nearby Retail Markets Avg Cost/SF Typical Size
New Hartford $122 11,116 SF
New York Mills $200 7,446 SF
Yorkville $144 9,850 SF
Whitesboro $146 2,280 SF
Kirkland $42 10,620 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Sauquoit $8 90,000 SF 8.00%
Utica $148 10,446 SF 10.34%

Commercial Properties For Sale in New Hartford

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

1410 Lincoln Avenue, Darman Manufacturing Co

Utica, NY 13502

  • 24,980 SF Industrial Building
  • $979,900
For Sale

3500 Bleachery Ave

New Hartford, NY 13413

  • 70,000 SF Industrial Building
  • $1,575,000
For Sale

Kay Music Plaza

Utica, NY 13501

  • 14,560 SF Retail Building
  • 12.00% Cap Rate
  • $1,200,000
For Sale

Seneca Turnpike & WoodsRdTax Map #328.010-2-7 Rt

New Hartford, NY 13413

  • 1.30 AC Lot
  • 1 Commercial Lot
  • $529,900
For Sale

8 & 15 St. Stanislaus Street

New York Mills, NY 13417

  • 9,892 SF Multifamily
  • $1,070,000
For Sale

Pugliese Pest Control

Utica, NY 13502

  • 8,582 SF Flex Building
  • $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 New Hartford pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
New Hartford $140 16,309 SF
New York Mills $165 12,380 SF
Yorkville $129 12,984 SF
Sauquoit $8 90,000 SF

Regional Demographic Comparison

This comparison places New Hartford 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 New Hartford or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
New Hartford 1,785 821 43 $65,454 2 319 -2%
New York Mills 3,172 1,656 43 $51,024 2 936 -3%
Yorkville 2,575 1,125 39 $55,785 2 425 -3%
Clinton 1,646 792 47 $80,042 2 313 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in New Hartford, 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 New Hartford

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

New Hartford 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 New Hartford?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in New Hartford. 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 New Hartford?

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

How does New Hartford compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to New Hartford. 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 New Hartford acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in New Hartford, 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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