Local market data · Commercial real estate firms · New York

AI for commercial real estate firms in New York

The New York metro area had 1,872 commercial real estate firms in 2022, the most of all 323 US metros and 10% of all in the country. They employed 15,805 people at an average of $114,093 a year. 82% have fewer than 10 staff, so the same few people answer the phone, book, follow up and do the paperwork. Those are the jobs AI tools take on today.

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Commercial real estate firms in New York vs the US

New York metroUnited States
Businesses1,87218,260
People employed15,805163,972
Average staff per business8.49.0
Average yearly pay per employee$114,093$88,723
Share with fewer than 10 staff82%82%

Pay here is 29% higher than the national average for commercial real estate firms, so every hour of staff time costs more to spend on admin. The average commercial real estate firm here has 8.4 people on payroll, 6% lower than the US figure of 9.0.

How big commercial real estate firms in New York are

Fewer than 5 staff1,226 (65%) US 66%
5 to 9301 (16%) US 16%
10 to 19182 (10%) US 9%
20 to 49118 (6%) US 6%
50 or more44 (2%) US 3%

Businesses with paid employees, by number of employees, March 2022.

Commercial real estate firms by county in the New York area

New York County has the most, with 472 of the metro's 1,872 (25%). Among the 10 big metros on this page, New York ranks 3rd for average pay and 5th for the share of small firms.

CountyBusinessesEmployeesAvg pay
New York County4726,639$153,453
Nassau County2241,592$97,325
Kings County1841,029$68,734
Bergen County127829$105,135
Westchester County127744$78,769
Queens County122789$72,243
Suffolk County109452$75,336
Essex County61627$70,394
Monmouth County60448$79,362
Ocean County58469$63,663
Rockland County58201$69,612
Morris County43394$124,264

10 smaller counties not shown. Census withholds pay where few firms would make it identifiable.

Where AI helps a commercial real estate firm first

Commercial real estate runs on long relationships and heavy documents, so AI helps most with research, paperwork and staying in touch. It can map who owns which buildings, track lease expirations, draft offering materials and keep a years-long follow-up from slipping. The relationships and the deal judgment stay with you.

What your team's admin hours cost in New York

Change any number. The starting values are the New York averages above; the hours and the share are yours to set.

Those hours cost you$176,000 a year

The share you would hand off$52,800 a year

Hours your team gets back960 a year

See what we would build for this

Guides for commercial real estate firms, one job each

Commercial real estate firms in other big metros

MetroBusinessesAvg payRank of 387
Los Angeles1,367$94,5632nd
Chicago603$96,0134th
Miami765$80,9163rd
Dallas585$93,1995th
Houston462$92,4027th
Atlanta413$108,3098th
Washington545$112,3536th
Philadelphia330$118,70511th
Boston396$165,90510th

Where these numbers come from

From the U.S. Census Bureau, County Business Patterns 2022 (released 2024), industry code NAICS 531312 (Nonresidential property managers), for the New York-Newark-Jersey City, NY-NJ metro area (22 counties). It counts businesses with paid employees in March 2022, so solo owners with no payroll are not in it. Average pay is total yearly payroll divided by employees. The calculator uses 50 working weeks and 2,080 hours a year. Page checked 2026-11-12.

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A free 30-minute call. You leave knowing which part of your commercial real estate firm to hand to AI first, what we would build, and roughly how long it takes.

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