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Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2015 |
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Presented by Schacker Realty 631-293-3700 |
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Jan 2014 | Dec 2014 | Jan 2015 | Annual Change | Monthly Change |
| 4k-20k | $121.23 | $125.21 | $125.17 | 3.2% | -0.0% |
| 20k-50k | $86.17 | $93.93 | $91.00 | 5.6% | -3.1% |
| 50k-600k | $82.14 | $84.54 | $82.55 | 0.5% | -2.4% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Jan 2014 | Dec 2014 | Jan 2015 | Annual Change | Monthly Change |
| 4k-20k | $10.62 | $10.87 | $10.86 | 2.2% | -0.1% |
| 20k-50k | $9.99 | $10.10 | $10.07 | 0.8% | -0.3% |
| 50k-600k | $9.40 | $9.86 | $9.73 | 3.5% | -1.3% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Jan 2014 | Dec 2014 | Jan 2015 | Annual Change | Monthly Change |
| 4k-20k | 322 | 254 | 246 | -23.6% | -3.1% |
| 20k-50k | 107 | 98 | 97 | -9.3% | -1.0% |
| 50k-600k | 48 | 39 | 37 | -22.9% | -5.1% |
| Total | 477 | 391 | 380 | -20.3% | -2.8% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Jan 2014 | Dec 2014 | Jan 2015 | Annual Change | Monthly Change |
| 4k-20k | 519 | 367 | 366 | -29.5% | -0.3% |
| 20k-50k | 150 | 130 | 120 | -20.0% | -7.7% |
| 50k-600k | 61 | 46 | 46 | -24.6% | 0.0% |
| Total | 730 | 543 | 532 | -27.1% | -2.0% |
| Listings For Sale | Listings For Lease or Sublease | Total Available Industrial Space | Avg. Listing Sale Price | Avg. Listing Lease Price | Average Listing RE Taxes | |
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| Nassau Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| New Hyde Park | 5 | 3 | 104,738 Sq. Ft. | $175.28 | $10.97 | $5.34 |
| Garden City Park | 3 | 2 | 98,072 Sq. Ft. | $138.96 | $13.47 | $5.01 |
| Hempstead | 7 | 6 | 108,638 Sq. Ft. | $96.31 | $12.41 | $4.12 |
| Freeport | 20 | 15 | 375,451 Sq. Ft. | $86.97 | $11.06 | $4.86 |
| Westbury | 10 | 12 | 386,636 Sq. Ft. | $105.59 | $10.47 | $4.79 |
| Oceanside | 23 | 30 | 694,127 Sq. Ft. | $102.99 | $10.34 | $3.75 |
| Hicksville | 11 | 30 | 871,879 Sq. Ft. | $125.56 | $9.98 | $4.53 |
| Bethpage | 1 | 7 | 801,390 Sq. Ft. | $68.00 | $10.09 | $3.82 |
| Syosset | 3 | 15 | 408,837 Sq. Ft. | $113.50 | $11.75 | $3.50 |
| Plainview | 6 | 18 | 365,863 Sq. Ft. | $149.91 | $11.64 | $4.70 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 2 | 8 | 329,359 Sq. Ft. | $124.30 | $14.73 | $1.80 |
| Farmingdale | 27 | 37 | 840,821 Sq. Ft. | $103.42 | $11.06 | $2.83 |
| West Babylon | 16 | 14 | 329,088 Sq. Ft. | $113.80 | $9.23 | $3.01 |
| Deer Park | 15 | 11 | 355,229 Sq. Ft. | $101.19 | $8.42 | $2.73 |
| Hauppauge | 23 | 46 | 1,658,355 Sq. Ft. | $115.86 | $8.89 | $2.56 |
| Edgewood | 2 | 6 | 449,120 Sq. Ft. | $112.81 | $6.50 | $2.47 |
| Bay Shore | 14 | 18 | 914,193 Sq. Ft. | $83.33 | $7.58 | $2.55 |
| Islandia | 8 | 3 | 298,073 Sq. Ft. | $102.54 | $8.90 | $2.42 |
| Bohemia | 10 | 21 | 333,635 Sq. Ft. | $113.43 | $8.28 | $2.15 |
| Ronkonkoma | 19 | 36 | 925,307 Sq. Ft. | $105.08 | $9.42 | $2.44 |
| Holbrook | 6 | 13 | 381,332 Sq. Ft. | $78.61 | $8.40 | $1.58 |
| Calverton | 3 | 2 | 162,321 Sq. Ft. | $125.15 | $4.94 | $1.00 |
| Yaphank | 3 | 3 | 264,204 Sq. Ft. | $83.75 | $6.34 | n/a |
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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. | ||||||