Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Aug 2015Aug 2016Aug 20172-year Change1-year Change
4k-10k$150.64$165.18$197.6431.2%19.7%
11k-30k$117.72$130.38$169.8344.3%30.3%
31k-70k$98.03$99.34$140.8943.7%41.8%
71k-600k$118.95$120.97$129.829.1%7.3%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Aug 2015Aug 2016Aug 20172-year Change1-year Change
4k-10k$11.91$12.53$14.4821.5%15.6%
11k-30k$11.29$12.24$12.9614.7%5.9%
31k-70k$10.25$10.84$12.3320.3%13.8%
71k-600k$11.89$9.84$11.980.8%21.7%
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Number of Listings for Sale
Sq. Ft.Aug 2015Aug 2016Aug 20172-year Change1-year Change
4k-10k184144172-6.5%19.4%
11k-30k148128143-3.4%11.7%
31k-70k533643-18.9%19.4%
71k-600k242820-16.7%-28.6%
Total409336378-7.6%12.5%
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Number of Listings for Lease or Sublease
Sq. Ft.Aug 2015Aug 2016Aug 20172-year Change1-year Change
4k-10k241196220-8.7%12.2%
11k-30k1781381853.9%34.1%
31k-70k725056-22.2%12.0%
71k-600k20293365.0%13.8%
Total511413494-3.3%19.6%

 

 

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 Park134 274,507 Sq. Ft.$207.82$12.50$4.74
Garden City Park20 25,240 Sq. Ft.$166.20$7.50
Hempstead110 175,581 Sq. Ft.$160.61$4.14
Freeport1611 349,768 Sq. Ft.$108.84$12.43$4.22
Westbury1118 409,659 Sq. Ft.$145.89$12.79$4.11
Oceanside1219 262,134 Sq. Ft.$162.48$13.12$4.59
Hicksville517 281,032 Sq. Ft.$193.03$12.80$4.11
Bethpage18 316,297 Sq. Ft.$455.90$17.51$6.56
Syosset213 346,573 Sq. Ft.$124.84$13.92$2.70
Plainview621 451,224 Sq. Ft.$164.57$14.36$5.37
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville011 401,853 Sq. Ft.$13.11$2.17
Farmingdale2239 907,040 Sq. Ft.$154.59$12.95$3.78
West Babylon1312 232,325 Sq. Ft.$131.64$10.18$4.12
Deer Park819 311,413 Sq. Ft.$157.44$10.40$2.50
Hauppauge2330 1,343,688 Sq. Ft.$133.68$9.97$2.40
Edgewood07 386,025 Sq. Ft.$12.00$1.47
Bay Shore1316 424,412 Sq. Ft.$110.90$10.50$3.46
Islandia87 151,950 Sq. Ft.$146.99$10.35$3.36
Bohemia1121 446,194 Sq. Ft.$127.66$9.92$3.14
Ronkonkoma1419 459,861 Sq. Ft.$134.41$9.96$2.32
Holbrook717 669,777 Sq. Ft.$92.10$8.57$1.71
Calverton13 92,250 Sq. Ft.$9.49$1.82
Yaphank169 784,423 Sq. Ft.$116.36$9.69$1.86
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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.