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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

.
Average Listing Price/Sq. Ft.
Sq. Ft.Dec 2014Dec 2015Dec 20162-year Change1-year Change
4k-10k$144.51$154.86$188.9730.8%22.0%
11k-30k$117.50$119.48$139.1218.4%16.4%
31k-70k$91.11$97.75$104.9115.2%7.3%
71k-600k$98.74$119.81$124.1025.7%3.6%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Dec 2014Dec 2015Dec 20162-year Change1-year Change
4k-10k$11.39$12.08$13.1515.5%8.9%
11k-30k$10.76$11.92$12.2714.1%3.0%
31k-70k$9.58$10.69$11.8724.0%11.1%
71k-600k$9.63$9.63$11.4418.8%18.8%
.
Number of Listings for Sale
Sq. Ft.Dec 2014Dec 2015Dec 20162-year Change1-year Change
4k-10k162149154-4.9%3.4%
11k-30k145133138-4.8%3.8%
31k-70k604834-43.3%-29.2%
71k-600k242422-8.3%-8.3%
Total391354348-11.0%-1.7%
.
Number of Listings for Lease or Sublease
Sq. Ft.Dec 2014Dec 2015Dec 20162-year Change1-year Change
4k-10k255207210-17.6%1.4%
11k-30k189155158-16.4%1.9%
31k-70k756358-22.7%-7.9%
71k-600k2423240.0%4.3%
Total543448450-17.1%0.4%

 

 

Listings For SaleListings For Lease or SubleaseTotal Available Industrial SpaceAvg. Listing Sale PriceAvg. Listing Lease PriceAverage Listing RE Taxes
.
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park166 281,360 Sq. Ft.$206.22$14.13$5.24
Garden City Park11 74,280 Sq. Ft.$140.00$12.00$3.69
Hempstead122 116,152 Sq. Ft.$130.37$12.50$3.62
Freeport2011 423,980 Sq. Ft.$109.48$12.09$4.29
Westbury1317 436,039 Sq. Ft.$153.18$12.64$3.72
Oceanside1119 302,423 Sq. Ft.$111.45$14.69$3.91
Hicksville720 494,141 Sq. Ft.$154.82$12.44$4.48
Bethpage15 274,858 Sq. Ft.$16.52$7.67
Syosset413 359,272 Sq. Ft.$172.86$14.19$3.52
Plainview416 288,652 Sq. Ft.$181.10$14.07$4.82
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville114 559,509 Sq. Ft.$156.00$11.88$1.94
Farmingdale1744 793,932 Sq. Ft.$158.64$13.45$3.38
West Babylon1512 244,869 Sq. Ft.$110.80$8.53$3.36
Deer Park915 207,822 Sq. Ft.$196.97$10.43$4.08
Hauppauge2025 1,264,184 Sq. Ft.$126.53$9.51$2.44
Edgewood08 438,005 Sq. Ft.$10.00
Bay Shore108 337,433 Sq. Ft.$101.81$8.46$3.43
Islandia37 51,848 Sq. Ft.$162.87$10.38$4.17
Bohemia928 355,619 Sq. Ft.$151.17$9.64$2.88
Ronkonkoma925 466,272 Sq. Ft.$111.39$9.15$2.43
Holbrook715 493,258 Sq. Ft.$86.43$9.79$1.73
Calverton12 84,695 Sq. Ft.$155.68$4.00$1.89
Yaphank148 664,342 Sq. Ft.$120.74$7.27$2.24
.
.
# 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.