Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2015
Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2015
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2014Jan 2015Feb 2015Annual ChangeMonthly Change
4k-20k$124.68$125.47$126.081.1%0.5%
20k-50k$87.12$91.03$92.476.1%1.6%
50k-600k$87.25$82.55$78.19-10.4%-5.3%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Feb 2014Jan 2015Feb 2015Annual ChangeMonthly Change
4k-20k$10.53$10.90$11.054.9%1.4%
20k-50k$10.05$10.09$9.95-0.9%-1.3%
50k-600k$9.36$9.73$9.996.7%2.6%
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Number of Listings for Sale
Sq. Ft.Feb 2014Jan 2015Feb 2015Annual ChangeMonthly Change
4k-20k326250247-24.2%-1.2%
20k-50k1049798-5.8%1.0%
50k-600k493738-22.4%2.7%
Total479384383-20.0%-0.3%
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Number of Listings for Lease or Sublease
Sq. Ft.Feb 2014Jan 2015Feb 2015Annual ChangeMonthly Change
4k-20k537370364-32.2%-1.6%
20k-50k150121125-16.7%3.3%
50k-600k624745-27.4%-4.3%
Total749538534-28.7%-0.7%

 

                              
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 Park56 244,188 Sq. Ft.$175.28$12.20$5.34
Garden City Park32 98,072 Sq. Ft.$140.88$13.47$5.01
Hempstead86 113,316 Sq. Ft.$96.25$12.41$4.09
Freeport1914 361,493 Sq. Ft.$87.32$11.14$4.86
Westbury914 386,786 Sq. Ft.$103.61$10.61$4.79
Oceanside2127 643,667 Sq. Ft.$105.24$10.20$3.59
Hicksville1129 780,429 Sq. Ft.$125.12$10.07$4.41
Bethpage16 741,390 Sq. Ft.$68.00$9.85$3.29
Syosset316 423,687 Sq. Ft.$113.50$11.89$3.50
Plainview620 405,978 Sq. Ft.$150.40$12.33$4.78
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville210 402,359 Sq. Ft.$124.30$14.59$1.79
Farmingdale2437 805,209 Sq. Ft.$103.47$11.13$2.76
West Babylon1513 320,228 Sq. Ft.$112.12$9.11$2.79
Deer Park1514 391,020 Sq. Ft.$101.40$8.15$2.59
Hauppauge2445 1,763,055 Sq. Ft.$115.94$9.76$2.52
Edgewood25 429,120 Sq. Ft.$112.81$2.69
Bay Shore1317 912,509 Sq. Ft.$81.01$7.58$2.55
Islandia83 298,073 Sq. Ft.$102.54$8.90$2.42
Bohemia1222 357,126 Sq. Ft.$121.35$8.50$2.23
Ronkonkoma1839 955,547 Sq. Ft.$105.02$9.37$2.42
Holbrook614 386,932 Sq. Ft.$78.61$8.42$1.58
Calverton32 162,321 Sq. Ft.$125.15$4.94$1.00
Yaphank56 291,649 Sq. Ft.$93.07$7.14$2.66
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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.