Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2016

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2016

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

.
Average Listing Price/Sq. Ft.
Sq. Ft.Jan 2015Dec 2015Jan 2016Annual ChangeMonthly Change
4k-10k$145.05$154.86$157.278.4%1.6%
11k-30k$113.63$119.48$119.905.5%0.3%
31k-70k$91.69$97.75$97.276.1%-0.5%
71k-600k$96.77$119.81$124.0728.2%3.6%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jan 2015Dec 2015Jan 2016Annual ChangeMonthly Change
4k-10k$11.26$12.08$12.218.4%1.1%
11k-30k$10.90$11.92$12.0110.2%0.7%
31k-70k$9.62$10.69$10.8212.5%1.2%
71k-600k$9.35$9.63$9.734.1%1.0%
.
Number of Listings for Sale
Sq. Ft.Jan 2015Dec 2015Jan 2016Annual ChangeMonthly Change
4k-10k157149148-5.7%-0.7%
11k-30k142133131-7.7%-1.5%
31k-70k604847-21.7%-2.1%
71k-600k22242618.2%8.3%
Total381354352-7.6%-0.6%
.
Number of Listings for Lease or Sublease
Sq. Ft.Jan 2015Dec 2015Jan 2016Annual ChangeMonthly Change
4k-10k248207217-12.5%4.8%
11k-30k187155146-21.9%-5.8%
31k-70k786364-17.9%1.6%
71k-600k2223220.0%-4.3%
Total535448449-16.1%0.2%

 

 

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 Park115 224,774 Sq. Ft.$191.69$13.33$4.68
Garden City Park21 79,709 Sq. Ft.$133.83$12.00$4.90
Hempstead117 209,702 Sq. Ft.$121.20$12.64$3.24
Freeport165 265,829 Sq. Ft.$101.17$11.99$4.39
Westbury712 209,157 Sq. Ft.$134.98$13.37$4.41
Oceanside1523 490,758 Sq. Ft.$91.56$10.65$3.63
Hicksville1013 394,160 Sq. Ft.$159.95$10.76$6.25
Bethpage05 266,640 Sq. Ft.$13.25$2.97
Syosset314 454,774 Sq. Ft.$174.73$11.90$3.67
Plainview516 367,148 Sq. Ft.$122.96$12.25$4.49
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville37 358,680 Sq. Ft.$147.77$17.58$1.77
Farmingdale3235 1,136,492 Sq. Ft.$114.15$11.54$3.04
West Babylon1513 234,811 Sq. Ft.$118.47$8.50$3.23
Deer Park1320 424,153 Sq. Ft.$97.20$9.02$3.05
Hauppauge2035 1,329,837 Sq. Ft.$118.72$9.23$2.68
Edgewood16 411,560 Sq. Ft.$125.00$2.52
Bay Shore1419 1,547,299 Sq. Ft.$100.06$9.01$2.84
Islandia45 211,591 Sq. Ft.$116.19$9.80$2.59
Bohemia1527 454,753 Sq. Ft.$122.89$10.23$2.19
Ronkonkoma1222 390,845 Sq. Ft.$97.10$9.19$2.39
Holbrook712 320,110 Sq. Ft.$86.48$9.33$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.