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

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Aug 2014Jul 2015Aug 2015Annual ChangeMonthly Change
4k-20k$124.20$126.50$126.712.0%0.2%
20k-50k$91.91$94.32$101.1910.1%7.3%
50k-600k$92.09$87.04$95.673.9%9.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Aug 2014Jul 2015Aug 2015Annual ChangeMonthly Change
4k-20k$10.81$11.68$11.698.1%0.1%
20k-50k$9.93$10.25$10.435.0%1.8%
50k-600k$9.36$11.44$11.4522.3%0.1%
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Number of Listings for Sale
Sq. Ft.Aug 2014Jul 2015Aug 2015Annual ChangeMonthly Change
4k-20k280272278-0.7%2.2%
20k-50k9298953.3%-3.1%
50k-600k413536-12.2%2.9%
Total413405409-1.0%1.0%
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Number of Listings for Lease or Sublease
Sq. Ft.Aug 2014Jul 2015Aug 2015Annual ChangeMonthly Change
4k-20k437360355-18.8%-1.4%
20k-50k139124115-17.3%-7.3%
50k-600k604341-31.7%-4.7%
Total636527511-19.7%-3.0%

 

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 Park1410 284,398 Sq. Ft.$183.22$13.18$5.02
Garden City Park42 103,501 Sq. Ft.$140.70$13.47$5.50
Hempstead89 219,444 Sq. Ft.$121.18$13.01$2.99
Freeport1813 332,392 Sq. Ft.$85.07$10.62$4.77
Westbury1319 415,378 Sq. Ft.$137.97$11.49$4.63
Oceanside1627 567,630 Sq. Ft.$94.35$9.87$3.67
Hicksville1027 724,317 Sq. Ft.$137.22$10.15$4.72
Bethpage03 189,369 Sq. Ft.$14.38$2.97
Syosset315 528,585 Sq. Ft.$112.50$12.01$3.50
Plainview618 426,759 Sq. Ft.$123.25$12.24$4.88
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville37 375,580 Sq. Ft.$127.83$13.78$1.84
Farmingdale3336 1,083,486 Sq. Ft.$111.88$11.24$3.02
West Babylon1412 227,592 Sq. Ft.$115.40$9.97$3.06
Deer Park1418 445,645 Sq. Ft.$103.48$8.62$2.72
Hauppauge2544 1,720,857 Sq. Ft.$122.70$8.95$2.56
Edgewood29 519,750 Sq. Ft.$124.38$2.60
Bay Shore1913 828,599 Sq. Ft.$101.39$9.02$2.79
Islandia87 316,484 Sq. Ft.$104.84$9.58$2.44
Bohemia1322 299,926 Sq. Ft.$120.30$8.75$2.23
Ronkonkoma1530 685,187 Sq. Ft.$102.80$9.74$2.89
Holbrook713 303,902 Sq. Ft.$88.98$9.78$1.78
Calverton23 131,821 Sq. Ft.$259.84$4.28
Yaphank46 193,775 Sq. Ft.$105.56$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.