Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2015

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2015

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

.
Average Listing Price/Sq. Ft.
Sq. Ft.Jan 2014Dec 2014Jan 2015Annual ChangeMonthly Change
4k-20k$121.23$125.21$125.173.2%-0.0%
20k-50k$86.17$93.93$91.005.6%-3.1%
50k-600k$82.14$84.54$82.550.5%-2.4%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jan 2014Dec 2014Jan 2015Annual ChangeMonthly Change
4k-20k$10.62$10.87$10.862.2%-0.1%
20k-50k$9.99$10.10$10.070.8%-0.3%
50k-600k$9.40$9.86$9.733.5%-1.3%
.
Number of Listings for Sale
Sq. Ft.Jan 2014Dec 2014Jan 2015Annual ChangeMonthly Change
4k-20k322254246-23.6%-3.1%
20k-50k1079897-9.3%-1.0%
50k-600k483937-22.9%-5.1%
Total477391380-20.3%-2.8%
.
Number of Listings for Lease or Sublease
Sq. Ft.Jan 2014Dec 2014Jan 2015Annual ChangeMonthly Change
4k-20k519367366-29.5%-0.3%
20k-50k150130120-20.0%-7.7%
50k-600k614646-24.6%0.0%
Total730543532-27.1%-2.0%

 

 

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 Park53 104,738 Sq. Ft.$175.28$10.97$5.34
Garden City Park32 98,072 Sq. Ft.$138.96$13.47$5.01
Hempstead76 108,638 Sq. Ft.$96.31$12.41$4.12
Freeport2015 375,451 Sq. Ft.$86.97$11.06$4.86
Westbury1012 386,636 Sq. Ft.$105.59$10.47$4.79
Oceanside2330 694,127 Sq. Ft.$102.99$10.34$3.75
Hicksville1130 871,879 Sq. Ft.$125.56$9.98$4.53
Bethpage17 801,390 Sq. Ft.$68.00$10.09$3.82
Syosset315 408,837 Sq. Ft.$113.50$11.75$3.50
Plainview618 365,863 Sq. Ft.$149.91$11.64$4.70
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville28 329,359 Sq. Ft.$124.30$14.73$1.80
Farmingdale2737 840,821 Sq. Ft.$103.42$11.06$2.83
West Babylon1614 329,088 Sq. Ft.$113.80$9.23$3.01
Deer Park1511 355,229 Sq. Ft.$101.19$8.42$2.73
Hauppauge2346 1,658,355 Sq. Ft.$115.86$8.89$2.56
Edgewood26 449,120 Sq. Ft.$112.81$6.50$2.47
Bay Shore1418 914,193 Sq. Ft.$83.33$7.58$2.55
Islandia83 298,073 Sq. Ft.$102.54$8.90$2.42
Bohemia1021 333,635 Sq. Ft.$113.43$8.28$2.15
Ronkonkoma1936 925,307 Sq. Ft.$105.08$9.42$2.44
Holbrook613 381,332 Sq. Ft.$78.61$8.40$1.58
Calverton32 162,321 Sq. Ft.$125.15$4.94$1.00
Yaphank33 264,204 Sq. Ft.$83.75$6.34n/a
.
.
# 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.