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 2015 Jan 2016 Jan 2017 2-year Change 1-year Change
4k-10k $145.05 $157.14 $190.68 31.5% 21.3%
11k-30k $113.63 $119.90 $139.17 22.5% 16.1%
31k-70k $91.69 $97.27 $117.60 28.3% 20.9%
71k-600k $96.77 $124.07 $127.01 31.3% 2.4%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jan 2015 Jan 2016 Jan 2017 2-year Change 1-year Change
4k-10k $11.26 $12.11 $13.28 17.9% 9.6%
11k-30k $10.90 $12.01 $12.31 12.9% 2.5%
31k-70k $9.62 $10.82 $11.88 23.6% 9.8%
71k-600k $9.35 $9.73 $12.20 30.5% 25.4%
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Number of Listings for Sale
Sq. Ft. Jan 2015 Jan 2016 Jan 2017 2-year Change 1-year Change
4k-10k 157 147 149 -5.1% 1.4%
11k-30k 142 131 133 -6.3% 1.5%
31k-70k 60 47 37 -38.3% -21.3%
71k-600k 22 26 21 -4.5% -19.2%
Total 381 351 340 -10.8% -3.1%
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Number of Listings for Lease or Sublease
Sq. Ft. Jan 2015 Jan 2016 Jan 2017 2-year Change 1-year Change
4k-10k 248 216 207 -16.5% -4.2%
11k-30k 187 146 170 -9.1% 16.4%
31k-70k 78 64 54 -30.8% -15.6%
71k-600k 22 22 26 18.2% 18.2%
Total 535 448 457 -14.6% 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 16 7  298,781 Sq. Ft. $205.17 $14.13 $5.24
Garden City Park 1 0  65,180 Sq. Ft. $140.00 $3.69
Hempstead 12 2  100,327 Sq. Ft. $151.32 $12.36 $3.85
Freeport 19 15  442,115 Sq. Ft. $108.05 $11.76 $4.23
Westbury 13 17  434,047 Sq. Ft. $154.63 $12.61 $3.72
Oceanside 11 19  278,493 Sq. Ft. $120.52 $14.27 $4.37
Hicksville 6 21  470,096 Sq. Ft. $152.10 $12.48 $4.07
Bethpage 1 5  274,858 Sq. Ft. $16.52 $7.67
Syosset 4 12  340,082 Sq. Ft. $172.86 $13.61 $3.12
Plainview 4 19  340,652 Sq. Ft. $181.10 $14.10 $4.82
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 2 12  562,673 Sq. Ft. $145.46 $12.00 $1.91
Farmingdale 13 47  803,169 Sq. Ft. $152.71 $13.53 $3.32
West Babylon 12 10  196,295 Sq. Ft. $110.28 $8.61 $3.20
Deer Park 9 21  233,926 Sq. Ft. $190.83 $10.60 $4.08
Hauppauge 21 26  1,245,720 Sq. Ft. $127.04 $9.66 $2.53
Edgewood 0 8  438,005 Sq. Ft. $10.00
Bay Shore 10 7  331,803 Sq. Ft. $101.81 $8.48 $3.43
Islandia 4 8  77,848 Sq. Ft. $144.51 $10.31 $3.90
Bohemia 10 25  496,733 Sq. Ft. $133.65 $10.07 $3.03
Ronkonkoma 10 21  437,796 Sq. Ft. $114.16 $9.08 $2.47
Holbrook 7 13  240,595 Sq. Ft. $84.08 $8.67 $1.56
Calverton 1 3  96,945 Sq. Ft. $155.68 $3.79 $1.89
Yaphank 14 8  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.