Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2014

 

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2014

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Dec 2013Nov 2014Dec 2014Annual ChangeMonthly Change
4k-20k$121.87$122.77$123.301.2%0.4%
20k-50k$88.07$95.31$92.555.1%-2.9%
50k-600k$80.42$86.06$84.555.1%-1.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Dec 2013Nov 2014Dec 2014Annual ChangeMonthly Change
4k-20k$10.60$10.89$10.892.8%0.1%
20k-50k$9.89$9.88$10.122.4%2.5%
50k-600k$9.40$9.75$9.824.5%0.7%
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Number of Listings for Sale
Sq. Ft.Dec 2013Nov 2014Dec 2014Annual ChangeMonthly Change
4k-20k316270266-15.8%-1.5%
20k-50k111101103-7.2%2.0%
50k-600k494240-18.4%-4.8%
Total476413409-14.1%-1.0%
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Number of Listings for Lease or Sublease
Sq. Ft.Dec 2013Nov 2014Dec 2014Annual ChangeMonthly Change
4k-20k513392376-26.7%-4.1%
20k-50k160146136-15.0%-6.8%
50k-600k625147-24.2%-7.8%
Total735589559-23.9%-5.1%

 

 

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 Park43103,238 Sq. Ft.$169.67$10.88$4.76
Garden City Park3294,572 Sq. Ft.$136.76$13.47$5.01
Hempstead86112,488 Sq. Ft.$124.20$12.53$4.45
Freeport2215423,037 Sq. Ft.$82.70$10.60$4.88
Westbury714357,333 Sq. Ft.$101.83$10.69$4.59
Oceanside2331717,317 Sq. Ft.$98.34$10.46$3.57
Hicksville1331982,556 Sq. Ft.$118.93$9.90$4.60
Bethpage18830,557 Sq. Ft.$68.00$10.52$3.82
Syosset313370,587 Sq. Ft.$113.50$11.93$3.40
Plainview717361,906 Sq. Ft.$142.24$11.77$4.70
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville38396,461 Sq. Ft.$122.99$13.89$1.76
Farmingdale3143948,506 Sq. Ft.$105.74$11.22$2.88
West Babylon1714321,638 Sq. Ft.$113.91$9.36$3.10
Deer Park1412351,829 Sq. Ft.$99.59$8.48$2.58
Hauppauge24471,734,646 Sq. Ft.$117.04$9.57$2.54
Edgewood26451,100 Sq. Ft.$112.81$6.50$2.47
Bay Shore1615901,764 Sq. Ft.$84.66$7.60$2.46
Islandia84399,394 Sq. Ft.$102.54$8.85$2.29
Bohemia1125379,636 Sq. Ft.$122.43$8.48$2.39
Ronkonkoma1735989,234 Sq. Ft.$103.87$8.96$2.35
Holbrook713387,632 Sq. Ft.$78.60$8.35$1.58
Calverton32162,321 Sq. Ft.$125.15$4.94$1.00
Yaphank34269,784 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.

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.