Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2015 |
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Presented by Schacker Realty 631-293-3700 |
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Average Listing Price/Sq. Ft. | |||||
Sq. Ft. | Aug 2014 | Jul 2015 | Aug 2015 | Annual Change | Monthly Change |
4k-20k | $124.20 | $126.50 | $126.71 | 2.0% | 0.2% |
20k-50k | $91.91 | $94.32 | $101.19 | 10.1% | 7.3% |
50k-600k | $92.09 | $87.04 | $95.67 | 3.9% | 9.9% |
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Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
Sq. Ft. | Aug 2014 | Jul 2015 | Aug 2015 | Annual Change | Monthly Change |
4k-20k | $10.81 | $11.68 | $11.69 | 8.1% | 0.1% |
20k-50k | $9.93 | $10.25 | $10.43 | 5.0% | 1.8% |
50k-600k | $9.36 | $11.44 | $11.45 | 22.3% | 0.1% |
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Number of Listings for Sale | |||||
Sq. Ft. | Aug 2014 | Jul 2015 | Aug 2015 | Annual Change | Monthly Change |
4k-20k | 280 | 272 | 278 | -0.7% | 2.2% |
20k-50k | 92 | 98 | 95 | 3.3% | -3.1% |
50k-600k | 41 | 35 | 36 | -12.2% | 2.9% |
Total | 413 | 405 | 409 | -1.0% | 1.0% |
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Number of Listings for Lease or Sublease | |||||
Sq. Ft. | Aug 2014 | Jul 2015 | Aug 2015 | Annual Change | Monthly Change |
4k-20k | 437 | 360 | 355 | -18.8% | -1.4% |
20k-50k | 139 | 124 | 115 | -17.3% | -7.3% |
50k-600k | 60 | 43 | 41 | -31.7% | -4.7% |
Total | 636 | 527 | 511 | -19.7% | -3.0% |
Listings For Sale | Listings For Lease or Sublease | Total Available Industrial Space | Avg. Listing Sale Price | Avg. Listing Lease Price | Average Listing RE Taxes | |
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Nassau Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
New Hyde Park | 14 | 10 | 284,398 Sq. Ft. | $183.22 | $13.18 | $5.02 |
Garden City Park | 4 | 2 | 103,501 Sq. Ft. | $140.70 | $13.47 | $5.50 |
Hempstead | 8 | 9 | 219,444 Sq. Ft. | $121.18 | $13.01 | $2.99 |
Freeport | 18 | 13 | 332,392 Sq. Ft. | $85.07 | $10.62 | $4.77 |
Westbury | 13 | 19 | 415,378 Sq. Ft. | $137.97 | $11.49 | $4.63 |
Oceanside | 16 | 27 | 567,630 Sq. Ft. | $94.35 | $9.87 | $3.67 |
Hicksville | 10 | 27 | 724,317 Sq. Ft. | $137.22 | $10.15 | $4.72 |
Bethpage | 0 | 3 | 189,369 Sq. Ft. | – | $14.38 | $2.97 |
Syosset | 3 | 15 | 528,585 Sq. Ft. | $112.50 | $12.01 | $3.50 |
Plainview | 6 | 18 | 426,759 Sq. Ft. | $123.25 | $12.24 | $4.88 |
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
Melville | 3 | 7 | 375,580 Sq. Ft. | $127.83 | $13.78 | $1.84 |
Farmingdale | 33 | 36 | 1,083,486 Sq. Ft. | $111.88 | $11.24 | $3.02 |
West Babylon | 14 | 12 | 227,592 Sq. Ft. | $115.40 | $9.97 | $3.06 |
Deer Park | 14 | 18 | 445,645 Sq. Ft. | $103.48 | $8.62 | $2.72 |
Hauppauge | 25 | 44 | 1,720,857 Sq. Ft. | $122.70 | $8.95 | $2.56 |
Edgewood | 2 | 9 | 519,750 Sq. Ft. | $124.38 | – | $2.60 |
Bay Shore | 19 | 13 | 828,599 Sq. Ft. | $101.39 | $9.02 | $2.79 |
Islandia | 8 | 7 | 316,484 Sq. Ft. | $104.84 | $9.58 | $2.44 |
Bohemia | 13 | 22 | 299,926 Sq. Ft. | $120.30 | $8.75 | $2.23 |
Ronkonkoma | 15 | 30 | 685,187 Sq. Ft. | $102.80 | $9.74 | $2.89 |
Holbrook | 7 | 13 | 303,902 Sq. Ft. | $88.98 | $9.78 | $1.78 |
Calverton | 2 | 3 | 131,821 Sq. Ft. | $259.84 | $4.28 | – |
Yaphank | 4 | 6 | 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. |
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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. |