Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2016

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2016

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Aug 2014Aug 2015Aug 20162-year Change1-year Change
4k-10k$138.56$150.64$164.1818.5%9.0%
11k-30k$115.59$117.72$130.3812.8%10.8%
31k-70k$89.08$98.03$99.3411.5%1.3%
71k-600k$92.52$118.95$120.9730.8%1.7%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Aug 2014Aug 2015Aug 20162-year Change1-year Change
4k-10k$11.36$11.91$12.6311.2%6.0%
11k-30k$10.56$11.29$12.2616.0%8.5%
31k-70k$9.45$10.25$10.8414.7%5.8%
71k-600k$9.08$11.89$9.848.4%-17.2%
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Number of Listings for Sale
Sq. Ft.Aug 2014Aug 2015Aug 20162-year Change1-year Change
4k-10k193184146-24.4%-20.7%
11k-30k133148128-3.8%-13.5%
31k-70k635336-42.9%-32.1%
71k-600k24242816.7%16.7%
Total413409338-18.2%-17.4%
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Number of Listings for Lease or Sublease
Sq. Ft.Aug 2014Aug 2015Aug 20162-year Change1-year Change
4k-10k310241197-36.5%-18.3%
11k-30k207178139-32.9%-21.9%
31k-70k897250-43.8%-30.6%
71k-600k302029-3.3%45.0%
Total636511415-34.7%-18.8%

 

 

 
 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 Park134 258,498 Sq. Ft.$187.55$13.97$4.73
Garden City Park12 86,280 Sq. Ft.$140.00$13.14$3.69
Hempstead94 97,804 Sq. Ft.$131.65$13.43$3.39
Freeport179 312,343 Sq. Ft.$103.35$11.54$4.67
Westbury1110 213,073 Sq. Ft.$156.81$14.11$3.50
Oceanside1319 374,783 Sq. Ft.$105.73$14.44$4.04
Hicksville1113 480,391 Sq. Ft.$151.96$13.04$5.60
Bethpage010 318,432 Sq. Ft.$13.76n/a
Syosset310 315,836 Sq. Ft.$195.53$13.25$3.47
Plainview416 315,458 Sq. Ft.$175.01$13.04$4.83
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville110 435,815 Sq. Ft.$150.00$10.77$1.80
Farmingdale2837 979,685 Sq. Ft.$123.72$13.65$3.19
West Babylon1911 270,247 Sq. Ft.$108.41$9.24$3.39
Deer Park713 231,992 Sq. Ft.$167.26$10.59$3.93
Hauppauge2038 1,547,276 Sq. Ft.$126.57$9.18$2.52
Edgewood15 466,100 Sq. Ft.$125.00$2.52
Bay Shore1313 776,129 Sq. Ft.$114.69$8.81$3.12
Islandia14 29,985 Sq. Ft.$203.82$10.97$3.98
Bohemia1621 368,126 Sq. Ft.$127.16$9.05$2.57
Ronkonkoma819 360,660 Sq. Ft.$111.21$8.62$2.41
Holbrook613 596,540 Sq. Ft.$82.93$9.33$1.48
Calverton11 75,821 Sq. Ft.$511.44$4.00n/a
Yaphank87 582,702 Sq. Ft.$116.18$7.39$2.45
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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.