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Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2014 |
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Presented by Schacker Realty 631-293-3700 |
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Dec 2013 | Nov 2014 | Dec 2014 | Annual Change | Monthly Change |
| 4k-20k | $121.87 | $122.77 | $123.30 | 1.2% | 0.4% |
| 20k-50k | $88.07 | $95.31 | $92.55 | 5.1% | -2.9% |
| 50k-600k | $80.42 | $86.06 | $84.55 | 5.1% | -1.8% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Dec 2013 | Nov 2014 | Dec 2014 | Annual Change | Monthly Change |
| 4k-20k | $10.60 | $10.89 | $10.89 | 2.8% | 0.1% |
| 20k-50k | $9.89 | $9.88 | $10.12 | 2.4% | 2.5% |
| 50k-600k | $9.40 | $9.75 | $9.82 | 4.5% | 0.7% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Dec 2013 | Nov 2014 | Dec 2014 | Annual Change | Monthly Change |
| 4k-20k | 316 | 270 | 266 | -15.8% | -1.5% |
| 20k-50k | 111 | 101 | 103 | -7.2% | 2.0% |
| 50k-600k | 49 | 42 | 40 | -18.4% | -4.8% |
| Total | 476 | 413 | 409 | -14.1% | -1.0% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Dec 2013 | Nov 2014 | Dec 2014 | Annual Change | Monthly Change |
| 4k-20k | 513 | 392 | 376 | -26.7% | -4.1% |
| 20k-50k | 160 | 146 | 136 | -15.0% | -6.8% |
| 50k-600k | 62 | 51 | 47 | -24.2% | -7.8% |
| Total | 735 | 589 | 559 | -23.9% | -5.1% |
| 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 | 4 | 3 | 103,238 Sq. Ft. | $169.67 | $10.88 | $4.76 |
| Garden City Park | 3 | 2 | 94,572 Sq. Ft. | $136.76 | $13.47 | $5.01 |
| Hempstead | 8 | 6 | 112,488 Sq. Ft. | $124.20 | $12.53 | $4.45 |
| Freeport | 22 | 15 | 423,037 Sq. Ft. | $82.70 | $10.60 | $4.88 |
| Westbury | 7 | 14 | 357,333 Sq. Ft. | $101.83 | $10.69 | $4.59 |
| Oceanside | 23 | 31 | 717,317 Sq. Ft. | $98.34 | $10.46 | $3.57 |
| Hicksville | 13 | 31 | 982,556 Sq. Ft. | $118.93 | $9.90 | $4.60 |
| Bethpage | 1 | 8 | 830,557 Sq. Ft. | $68.00 | $10.52 | $3.82 |
| Syosset | 3 | 13 | 370,587 Sq. Ft. | $113.50 | $11.93 | $3.40 |
| Plainview | 7 | 17 | 361,906 Sq. Ft. | $142.24 | $11.77 | $4.70 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 3 | 8 | 396,461 Sq. Ft. | $122.99 | $13.89 | $1.76 |
| Farmingdale | 31 | 43 | 948,506 Sq. Ft. | $105.74 | $11.22 | $2.88 |
| West Babylon | 17 | 14 | 321,638 Sq. Ft. | $113.91 | $9.36 | $3.10 |
| Deer Park | 14 | 12 | 351,829 Sq. Ft. | $99.59 | $8.48 | $2.58 |
| Hauppauge | 24 | 47 | 1,734,646 Sq. Ft. | $117.04 | $9.57 | $2.54 |
| Edgewood | 2 | 6 | 451,100 Sq. Ft. | $112.81 | $6.50 | $2.47 |
| Bay Shore | 16 | 15 | 901,764 Sq. Ft. | $84.66 | $7.60 | $2.46 |
| Islandia | 8 | 4 | 399,394 Sq. Ft. | $102.54 | $8.85 | $2.29 |
| Bohemia | 11 | 25 | 379,636 Sq. Ft. | $122.43 | $8.48 | $2.39 |
| Ronkonkoma | 17 | 35 | 989,234 Sq. Ft. | $103.87 | $8.96 | $2.35 |
| Holbrook | 7 | 13 | 387,632 Sq. Ft. | $78.60 | $8.35 | $1.58 |
| Calverton | 3 | 2 | 162,321 Sq. Ft. | $125.15 | $4.94 | $1.00 |
| Yaphank | 3 | 4 | 269,784 Sq. Ft. | $83.75 | $6.64 | $1.80 |
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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. | ||||||