Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2015

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2015

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Apr 2014Mar 2015Apr 2015Annual ChangeMonthly Change
4k-20k$119.04$126.72$128.107.6%1.1%
20k-50k$89.28$91.37$93.004.2%1.8%
50k-600k$89.83$78.88$81.80-8.9%3.7%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Apr 2014Mar 2015Apr 2015Annual ChangeMonthly Change
4k-20k$10.75$11.25$11.406.1%1.4%
20k-50k$9.94$9.90$10.061.1%1.6%
50k-600k$9.15$10.90$10.9219.4%0.2%
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Number of Listings for Sale
Sq. Ft.Apr 2014Mar 2015Apr 2015Annual ChangeMonthly Change
4k-20k298255251-15.8%-1.6%
20k-50k1019495-5.9%1.1%
50k-600k463739-15.2%5.4%
Total445386385-13.5%-0.3%
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Number of Listings for Lease or Sublease
Sq. Ft.Apr 2014Mar 2015Apr 2015Annual ChangeMonthly Change
4k-20k480363347-27.7%-4.4%
20k-50k145118124-14.5%5.1%
50k-600k654645-30.8%-2.2%
Total690527516-25.2%-2.1%

 

 

Listings For SaleListings For Lease or SubleaseTotal Available Industrial SpaceAvg. Listing Sale PriceAvg. Listing Lease PriceAverage Listing RE Taxes
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Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park99 237,595 Sq. Ft.$184.00$13.14$5.23
Garden City Park42 103,501 Sq. Ft.$140.10$13.47$5.32
Hempstead86 104,116 Sq. Ft.$96.93$12.44$4.10
Freeport1815 331,910 Sq. Ft.$87.79$11.23$4.78
Westbury818 418,128 Sq. Ft.$104.63$10.04$4.35
Oceanside1829 586,377 Sq. Ft.$99.47$10.18$3.40
Hicksville1329 828,302 Sq. Ft.$127.90$10.27$5.11
Bethpage27 433,778 Sq. Ft.$92.00$10.22$3.29
Syosset420 618,462 Sq. Ft.$113.45$11.38$3.62
Plainview519 399,569 Sq. Ft.$125.90$12.18$5.15
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville26 323,800 Sq. Ft.$124.30$13.75$1.86
Farmingdale2838 865,804 Sq. Ft.$111.26$11.20$3.03
West Babylon1413 310,578 Sq. Ft.$110.75$9.04$2.88
Deer Park1514 401,925 Sq. Ft.$91.92$8.51$2.73
Hauppauge2744 1,708,936 Sq. Ft.$119.48$8.98$2.52
Edgewood14 318,600 Sq. Ft.$115.00$2.67
Bay Shore1716 939,352 Sq. Ft.$84.59$7.65$2.46
Islandia95 323,073 Sq. Ft.$106.31$9.40$2.44
Bohemia1216 276,676 Sq. Ft.$119.05$8.91$2.23
Ronkonkoma1834 952,907 Sq. Ft.$95.92$9.68$2.44
Holbrook613 329,694 Sq. Ft.$87.65$9.31$1.72
Calverton43 343,821 Sq. Ft.$106.42$4.28$1.00
Yaphank46 189,701 Sq. Ft.$101.67$7.16$2.74

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# About Schacker Realty

Schacker Real Estate Corp. is a Long Island commercial & industrial real estate firm specializing in Nassau County commercial properties, office space, industrial space, and warehouse space & Suffolk County commercial properties, office space, industrial space, and warehouse space.Whether you’re looking to buy, purchase, sell, lease, or sublease industrial space, office space, warehouse space, or any other commercial real estate in North Hempstead, Hempstead, Islip, Huntington, Babylon, Oyster Bay,  Smithtown, or Brookhaven, or Long Island, the brokers at Schacker Realty are the experts. Schacker Realty services Brooklyn and Queens as well.

All information is subject to errors, omissions, modification, and withdrawal.   Measurements may be estimates and information shown should not be relied without independent verification. Properties on this web site are not listed exclusively with Schacker Realty unless specifically labeled as an exclusive listing.