Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jan 2017

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com
Average Listing Price/Sq. Ft.
Sq. Ft.Jan 2015Jan 2016Jan 20172-year Change1-year Change
4k-10k$145.05$157.14$190.6831.5%21.3%
11k-30k$113.63$119.90$139.1722.5%16.1%
31k-70k$91.69$97.27$117.6028.3%20.9%
71k-600k$96.77$124.07$127.0131.3%2.4%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jan 2015Jan 2016Jan 20172-year Change1-year Change
4k-10k$11.26$12.11$13.2817.9%9.6%
11k-30k$10.90$12.01$12.3112.9%2.5%
31k-70k$9.62$10.82$11.8823.6%9.8%
71k-600k$9.35$9.73$12.2030.5%25.4%
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Number of Listings for Sale
Sq. Ft.Jan 2015Jan 2016Jan 20172-year Change1-year Change
4k-10k157147149-5.1%1.4%
11k-30k142131133-6.3%1.5%
31k-70k604737-38.3%-21.3%
71k-600k222621-4.5%-19.2%
Total381351340-10.8%-3.1%
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Number of Listings for Lease or Sublease
Sq. Ft.Jan 2015Jan 2016Jan 20172-year Change1-year Change
4k-10k248216207-16.5%-4.2%
11k-30k187146170-9.1%16.4%
31k-70k786454-30.8%-15.6%
71k-600k22222618.2%18.2%
Total535448457-14.6%2.0%

 

 

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 Park167 298,781 Sq. Ft.$205.17$14.13$5.24
Garden City Park10 65,180 Sq. Ft.$140.00$3.69
Hempstead122 100,327 Sq. Ft.$151.32$12.36$3.85
Freeport1915 442,115 Sq. Ft.$108.05$11.76$4.23
Westbury1317 434,047 Sq. Ft.$154.63$12.61$3.72
Oceanside1119 278,493 Sq. Ft.$120.52$14.27$4.37
Hicksville621 470,096 Sq. Ft.$152.10$12.48$4.07
Bethpage15 274,858 Sq. Ft.$16.52$7.67
Syosset412 340,082 Sq. Ft.$172.86$13.61$3.12
Plainview419 340,652 Sq. Ft.$181.10$14.10$4.82
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville212 562,673 Sq. Ft.$145.46$12.00$1.91
Farmingdale1347 803,169 Sq. Ft.$152.71$13.53$3.32
West Babylon1210 196,295 Sq. Ft.$110.28$8.61$3.20
Deer Park921 233,926 Sq. Ft.$190.83$10.60$4.08
Hauppauge2126 1,245,720 Sq. Ft.$127.04$9.66$2.53
Edgewood08 438,005 Sq. Ft.$10.00
Bay Shore107 331,803 Sq. Ft.$101.81$8.48$3.43
Islandia48 77,848 Sq. Ft.$144.51$10.31$3.90
Bohemia1025 496,733 Sq. Ft.$133.65$10.07$3.03
Ronkonkoma1021 437,796 Sq. Ft.$114.16$9.08$2.47
Holbrook713 240,595 Sq. Ft.$84.08$8.67$1.56
Calverton13 96,945 Sq. Ft.$155.68$3.79$1.89
Yaphank148 664,352 Sq. Ft.$117.36$7.27$2.24
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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.