Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2016
Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
.
Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2015Jan 2016Feb 2016Annual ChangeMonthly Change
4k-10k$146.49$157.14$157.387.4%0.2%
11k-30k$114.49$119.90$124.548.8%3.9%
31k-70k$92.99$97.27$96.884.2%-0.4%
71k-600k$96.44$124.07$120.4424.9%-2.9%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Feb 2015Jan 2016Feb 2016Annual ChangeMonthly Change
4k-10k$11.50$12.11$12.155.7%0.3%
11k-30k$10.69$12.01$12.0813.0%0.6%
31k-70k$9.76$10.82$11.1113.9%2.6%
71k-600k$9.78$9.73$10.254.8%5.4%
.
Number of Listings for Sale
Sq. Ft.Feb 2015Jan 2016Feb 2016Annual ChangeMonthly Change
4k-10k1531471551.3%5.4%
11k-30k145131131-9.7%0.0%
31k-70k624749-21.0%4.3%
71k-600k2326230.0%-11.5%
Total383351358-6.5%2.0%
.
Number of Listings for Lease or Sublease
Sq. Ft.Feb 2015Jan 2016Feb 2016Annual ChangeMonthly Change
4k-10k241216219-9.1%1.4%
11k-30k189146137-27.5%-6.2%
31k-70k796460-24.1%-6.3%
71k-600k202219-5.0%-13.6%
Total529448435-17.8%-2.9%

 

 

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 Park116 229,774 Sq. Ft.$191.69$13.33$4.72
Garden City Park31 108,709 Sq. Ft.$137.03$12.00$4.90
Hempstead114 124,702 Sq. Ft.$121.20$13.07$3.81
Freeport165 265,829 Sq. Ft.$96.78$11.99$4.39
Westbury816 371,017 Sq. Ft.$145.08$11.92$4.40
Oceanside1417 405,042 Sq. Ft.$96.44$11.57$3.65
Hicksville1116 478,937 Sq. Ft.$157.91$11.31$6.03
Bethpage06 297,640 Sq. Ft.$14.22$3.00
Syosset313 419,574 Sq. Ft.$174.73$12.21$3.35
Plainview515 341,939 Sq. Ft.$124.64$12.51$4.49
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville37 354,180 Sq. Ft.$136.77$17.58$1.81
Farmingdale3431 1,120,392 Sq. Ft.$115.05$11.98$3.16
West Babylon1615 240,487 Sq. Ft.$125.68$8.63$3.34
Deer Park1420 407,310 Sq. Ft.$106.36$9.08$3.52
Hauppauge1936 1,329,967 Sq. Ft.$118.72$9.31$2.65
Edgewood13 346,260 Sq. Ft.$125.00$2.52
Bay Shore1619 1,580,909 Sq. Ft.$94.65$9.11$2.91
Islandia47 219,036 Sq. Ft.$115.94$10.08$2.67
Bohemia1527 600,103 Sq. Ft.$125.15$10.17$2.43
Ronkonkoma1423 408,870 Sq. Ft.$102.46$9.28$2.70
Holbrook715 335,247 Sq. Ft.$86.48$9.28$1.76
Calverton21 90,321 Sq. Ft.$277.76$3.00
Yaphank44 187,404 Sq. Ft.$106.41$6.69$3.81
.
.
# 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.