Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for April 2016
Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Apr 2015Mar 2016Apr 2016Annual ChangeMonthly Change
4k-10k$149.37$159.25$159.716.9%0.3%
11k-30k$114.00$125.65$128.6412.8%2.4%
31k-70k$92.44$98.69$99.487.6%0.8%
71k-600k$98.30$118.89$117.9920.0%-0.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Apr 2015Mar 2016Apr 2016Annual ChangeMonthly Change
4k-10k$11.71$12.40$12.103.4%-2.3%
11k-30k$10.97$11.87$11.969.1%0.7%
31k-70k$9.84$11.08$11.6618.6%5.3%
71k-600k$11.37$10.16$9.31-18.2%-8.4%
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Number of Listings for Sale
Sq. Ft.Apr 2015Mar 2016Apr 2016Annual ChangeMonthly Change
4k-10k1551501560.6%4.0%
11k-30k147134138-6.1%3.0%
31k-70k594444-25.4%0.0%
71k-600k2422240.0%9.1%
Total385350362-6.0%3.4%
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Number of Listings for Lease or Sublease
Sq. Ft.Apr 2015Mar 2016Apr 2016Annual ChangeMonthly Change
4k-10k231218223-3.5%2.3%
11k-30k185140145-21.6%3.6%
31k-70k815957-29.6%-3.4%
71k-600k19202426.3%20.0%
Total516437449-13.0%2.7%

 

 

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 Park126 265,397 Sq. Ft.$171.67$13.40$4.33
Garden City Park21 103,280 Sq. Ft.$137.50$12.00$3.57
Hempstead103 112,452 Sq. Ft.$118.01$12.25$3.75
Freeport148 247,644 Sq. Ft.$92.46$12.33$4.73
Westbury712 205,897 Sq. Ft.$145.57$14.02$4.31
Oceanside1519 401,150 Sq. Ft.$108.48$11.69$4.47
Hicksville1217 522,997 Sq. Ft.$158.94$11.18$6.34
Bethpage07 348,037 Sq. Ft.$13.90$5.48
Syosset314 427,314 Sq. Ft.$179.00$12.68$3.45
Plainview617 383,307 Sq. Ft.$156.04$12.90$4.75
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville27 321,830 Sq. Ft.$132.15$18.55$1.75
Farmingdale3534 1,241,791 Sq. Ft.$119.24$12.00$3.04
West Babylon1915 264,987 Sq. Ft.$113.14$8.70$3.51
Deer Park1316 532,694 Sq. Ft.$103.93$9.57$3.15
Hauppauge1834 1,418,972 Sq. Ft.$118.99$9.45$2.56
Edgewood13 346,260 Sq. Ft.$125.00$2.52
Bay Shore1518 1,493,079 Sq. Ft.$97.71$8.78$2.94
Islandia46 223,700 Sq. Ft.$115.94$10.20$2.67
Bohemia1529 627,705 Sq. Ft.$126.54$9.38$2.58
Ronkonkoma1427 334,400 Sq. Ft.$118.05$9.25$2.72
Holbrook718 589,410 Sq. Ft.$84.59$9.29$1.52
Calverton11 75,821 Sq. Ft.$511.44$3.00
Yaphank75 202,916 Sq. Ft.$168.69$7.65$2.71
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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.