Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jul 2015 |
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Presented by Schacker Realty 631-293-3700 |
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Average Listing Price/Sq. Ft. | |||||
Sq. Ft. | Jul 2014 | Jun 2015 | Jul 2015 | Annual Change | Monthly Change |
4k-20k | $121.27 | $126.78 | $126.50 | 4.3% | -0.2% |
20k-50k | $90.98 | $94.92 | $94.32 | 3.7% | -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 2014 | Jun 2015 | Jul 2015 | Annual Change | Monthly Change |
4k-20k | $10.89 | $11.59 | $11.68 | 7.2% | 0.8% |
20k-50k | $9.77 | $10.12 | $10.25 | 4.9% | 1.3% |
50k-600k | $9.18 | $11.35 | $11.44 | 24.5% | 0.8% |
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Number of Listings for Sale | |||||
Sq. Ft. | Jul 2014 | Jun 2015 | Jul 2015 | Annual Change | Monthly Change |
4k-20k | 278 | 264 | 272 | -2.2% | 3.0% |
20k-50k | 94 | 99 | 98 | 4.3% | -1.0% |
50k-600k | 45 | 37 | 35 | -22.2% | -5.4% |
Total | 417 | 400 | 405 | -2.9% | 1.3% |
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Number of Listings for Lease or Sublease | |||||
Sq. Ft. | Jul 2014 | Jun 2015 | Jul 2015 | Annual Change | Monthly Change |
4k-20k | 444 | 353 | 360 | -18.9% | 2.0% |
20k-50k | 139 | 128 | 124 | -10.8% | -3.1% |
50k-600k | 59 | 44 | 43 | -27.1% | -2.3% |
Total | 642 | 525 | 527 | -17.9% | 0.4% |
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 | 14 | 9 | 268,868 Sq. Ft. | $183.22 | $13.73 | $4.90 |
Garden City Park | 4 | 2 | 103,501 Sq. Ft. | $140.70 | $13.47 | $5.50 |
Hempstead | 7 | 10 | 190,016 Sq. Ft. | $120.63 | $12.80 | $2.93 |
Freeport | 20 | 13 | 418,463 Sq. Ft. | $81.05 | $10.61 | $4.44 |
Westbury | 10 | 19 | 360,136 Sq. Ft. | $146.22 | $11.11 | $4.96 |
Oceanside | 16 | 35 | 658,023 Sq. Ft. | $92.84 | $9.75 | $3.38 |
Hicksville | 10 | 27 | 728,677 Sq. Ft. | $137.22 | $10.18 | $4.80 |
Bethpage | 1 | 4 | 316,369 Sq. Ft. | $68.00 | $10.97 | $3.08 |
Syosset | 3 | 15 | 528,585 Sq. Ft. | $112.50 | $12.32 | $3.50 |
Plainview | 6 | 17 | 415,846 Sq. Ft. | $123.44 | $12.21 | $4.88 |
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
Melville | 2 | 7 | 375,580 Sq. Ft. | $124.30 | $13.78 | $1.84 |
Farmingdale | 30 | 37 | 1,070,418 Sq. Ft. | $106.35 | $11.05 | $3.07 |
West Babylon | 15 | 10 | 269,138 Sq. Ft. | $115.19 | $9.90 | $3.00 |
Deer Park | 15 | 18 | 440,385 Sq. Ft. | $103.48 | $9.11 | $2.85 |
Hauppauge | 26 | 45 | 1,701,885 Sq. Ft. | $119.14 | $8.95 | $2.63 |
Edgewood | 1 | 10 | 535,850 Sq. Ft. | $115.00 | $9.77 | $2.60 |
Bay Shore | 16 | 15 | 883,602 Sq. Ft. | $87.50 | $7.53 | $2.60 |
Islandia | 8 | 7 | 316,484 Sq. Ft. | $104.84 | $9.58 | $2.44 |
Bohemia | 13 | 22 | 305,926 Sq. Ft. | $120.30 | $8.59 | $2.23 |
Ronkonkoma | 16 | 31 | 715,217 Sq. Ft. | $94.89 | $9.69 | $2.87 |
Holbrook | 7 | 11 | 335,612 Sq. Ft. | $89.18 | $9.45 | $1.78 |
Calverton | 3 | 3 | 301,821 Sq. Ft. | $117.97 | $4.28 | #DIV/0! |
Yaphank | 4 | 6 | 193,775 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. |