Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Apr 2015Apr 2016Apr 20172-year Change1-year Change
4k-10k$149.37$159.71$179.8920.4%12.6%
11k-30k$114.00$128.64$167.4746.9%30.2%
31k-70k$92.44$99.48$133.6644.6%34.4%
71k-600k$98.30$117.99$133.0935.4%12.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Apr 2015Apr 2016Apr 20172-year Change1-year Change
4k-10k$11.71$12.10$14.1821.0%17.1%
11k-30k$10.97$11.96$12.5814.7%5.2%
31k-70k$9.84$11.66$12.6929.0%8.8%
71k-600k$11.37$9.31$13.2016.0%41.8%
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Number of Listings for Sale
Sq. Ft.Apr 2015Apr 2016Apr 20172-year Change1-year Change
4k-10k155156152-1.9%-2.6%
11k-30k147138135-8.2%-2.2%
31k-70k594444-25.4%0.0%
71k-600k242423-4.2%-4.2%
Total385362354-8.1%-2.2%
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Number of Listings for Lease or Sublease
Sq. Ft.Apr 2015Apr 2016Apr 20172-year Change1-year Change
4k-10k231223219-5.2%-1.8%
11k-30k185145171-7.6%17.9%
31k-70k815760-25.9%5.3%
71k-600k19243373.7%37.5%
Total516449483-6.4%7.6%

 

 

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 Park166 285,921 Sq. Ft.$209.17$12.90$5.24
Garden City Park20 87,720 Sq. Ft.$141.14$3.93
Hempstead111 167,051 Sq. Ft.$162.50$12.50$4.11
Freeport1716 376,392 Sq. Ft.$103.29$11.89$4.24
Westbury1214 369,688 Sq. Ft.$159.73$12.37$4.01
Oceanside1123 288,373 Sq. Ft.$144.35$14.17$4.35
Hicksville719 416,574 Sq. Ft.$156.67$13.16$4.04
Bethpage29 403,846 Sq. Ft.$455.90$16.59$7.67
Syosset413 331,387 Sq. Ft.$174.14$13.90$3.07
Plainview721 438,593 Sq. Ft.$166.54$14.40$4.81
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville210 531,773 Sq. Ft.$145.46$12.06$2.02
Farmingdale1749 963,623 Sq. Ft.$161.42$12.64$3.35
West Babylon1110 169,625 Sq. Ft.$115.67$9.07$3.92
Deer Park915 182,277 Sq. Ft.$159.90$10.67$3.39
Hauppauge2428 1,356,973 Sq. Ft.$130.02$9.90$2.43
Edgewood011 475,990 Sq. Ft.$12.50
Bay Shore1211 417,903 Sq. Ft.$108.94$9.34$3.30
Islandia58 112,800 Sq. Ft.$144.51$9.76$3.90
Bohemia1123 445,220 Sq. Ft.$132.78$10.01$2.92
Ronkonkoma1214 382,932 Sq. Ft.$120.58$9.22$2.54
Holbrook614 274,307 Sq. Ft.$89.31$8.30$1.71
Calverton13 96,945 Sq. Ft.$155.68$8.88$1.89
Yaphank1510 769,411 Sq. Ft.$104.12$7.31$2.15
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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.