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

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Jul 2014Jun 2015Jul 2015Annual ChangeMonthly Change
4k-20k$121.27$126.78$126.504.3%-0.2%
20k-50k$90.98$94.92$94.323.7%-0.6%
50k-600k$91.44$84.31$87.04-4.8%3.2%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jul 2014Jun 2015Jul 2015Annual ChangeMonthly Change
4k-20k$10.89$11.59$11.687.2%0.8%
20k-50k$9.77$10.12$10.254.9%1.3%
50k-600k$9.18$11.35$11.4424.5%0.8%
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Number of Listings for Sale
Sq. Ft.Jul 2014Jun 2015Jul 2015Annual ChangeMonthly Change
4k-20k278264272-2.2%3.0%
20k-50k9499984.3%-1.0%
50k-600k453735-22.2%-5.4%
Total417400405-2.9%1.3%
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Number of Listings for Lease or Sublease
Sq. Ft.Jul 2014Jun 2015Jul 2015Annual ChangeMonthly Change
4k-20k444353360-18.9%2.0%
20k-50k139128124-10.8%-3.1%
50k-600k594443-27.1%-2.3%
Total642525527-17.9%0.4%

 

 

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 Park149268,868 Sq. Ft.$183.22$13.73$4.90
Garden City Park42103,501 Sq. Ft.$140.70$13.47$5.50
Hempstead710190,016 Sq. Ft.$120.63$12.80$2.93
Freeport2013418,463 Sq. Ft.$81.05$10.61$4.44
Westbury1019360,136 Sq. Ft.$146.22$11.11$4.96
Oceanside1635658,023 Sq. Ft.$92.84$9.75$3.38
Hicksville1027728,677 Sq. Ft.$137.22$10.18$4.80
Bethpage14316,369 Sq. Ft.$68.00$10.97$3.08
Syosset315528,585 Sq. Ft.$112.50$12.32$3.50
Plainview617415,846 Sq. Ft.$123.44$12.21$4.88
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville27375,580 Sq. Ft.$124.30$13.78$1.84
Farmingdale30371,070,418 Sq. Ft.$106.35$11.05$3.07
West Babylon1510269,138 Sq. Ft.$115.19$9.90$3.00
Deer Park1518440,385 Sq. Ft.$103.48$9.11$2.85
Hauppauge26451,701,885 Sq. Ft.$119.14$8.95$2.63
Edgewood110535,850 Sq. Ft.$115.00$9.77$2.60
Bay Shore1615883,602 Sq. Ft.$87.50$7.53$2.60
Islandia87316,484 Sq. Ft.$104.84$9.58$2.44
Bohemia1322305,926 Sq. Ft.$120.30$8.59$2.23
Ronkonkoma1631715,217 Sq. Ft.$94.89$9.69$2.87
Holbrook711335,612 Sq. Ft.$89.18$9.45$1.78
Calverton33301,821 Sq. Ft.$117.97$4.28#DIV/0!
Yaphank46193,775 Sq. Ft.$105.56$7.16$2.74
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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.