Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for July

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Jul 2014Jul 2015Jul 20162-year Change1-year Change
4k-10k$138.02$150.06$163.8718.7%9.2%
11k-30k$114.71$115.98$128.9112.4%11.1%
31k-70k$87.61$92.47$97.9711.8%5.9%
71k-600k$92.39$104.54$118.6828.5%13.5%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jul 2014Jul 2015Jul 20162-year Change1-year Change
4k-10k$11.19$12.03$12.8614.9%6.9%
11k-30k$10.53$11.15$12.1615.4%9.1%
31k-70k$9.26$10.08$10.9318.1%8.4%
71k-600k$9.08$11.99$9.625.9%-19.8%
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Number of Listings for Sale
Sq. Ft.Jul 2014Jul 2015Jul 20162-year Change1-year Change
4k-10k181178150-17.1%-15.7%
11k-30k142147131-7.7%-10.9%
31k-70k685835-48.5%-39.7%
71k-600k2622260.0%18.2%
Total417405342-18.0%-15.6%
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Number of Listings for Lease or Sublease
Sq. Ft.Jul 2014Jul 2015Jul 20162-year Change1-year Change
4k-10k315243201-36.2%-17.3%
11k-30k209186141-32.5%-24.2%
31k-70k877852-40.2%-33.3%
71k-600k312025-19.4%25.0%
Total642527419-34.7%-20.5%

 

 
 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 Park125 269,956 Sq. Ft.$195.72$13.66$4.83
Garden City Park12 86,280 Sq. Ft.$140.00$13.14$3.69
Hempstead104 104,317 Sq. Ft.$124.42$13.43$3.25
Freeport178 307,343 Sq. Ft.$103.97$11.52$4.67
Westbury1110 221,873 Sq. Ft.$156.81$14.11$3.50
Oceanside1315 339,311 Sq. Ft.$118.61$14.50$4.95
Hicksville916 420,958 Sq. Ft.$150.54$12.62$6.02
Bethpage07 277,210 Sq. Ft.$12.80#DIV/0!
Syosset310 315,836 Sq. Ft.$195.53$13.00$3.47
Plainview518 360,358 Sq. Ft.$158.25$13.02$4.75
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville110 452,815 Sq. Ft.$132.92$11.37$1.76
Farmingdale2837 949,931 Sq. Ft.$121.24$13.57$3.20
West Babylon1810 253,714 Sq. Ft.$108.80$9.20$3.47
Deer Park714 254,141 Sq. Ft.$136.22$10.41$3.23
Hauppauge2237 1,558,175 Sq. Ft.$123.78$9.30$2.54
Edgewood13 355,100 Sq. Ft.$125.00$9.75$2.52
Bay Shore1415 799,429 Sq. Ft.$113.89$8.97$3.21
Islandia22 55,700 Sq. Ft.$140.05$10.89$2.99
Bohemia1624 399,846 Sq. Ft.$127.16$9.20$2.49
Ronkonkoma823 385,600 Sq. Ft.$111.21$9.58$3.16
Holbrook614 601,620 Sq. Ft.$82.93$9.36$1.54
Calverton11 75,821 Sq. Ft.$511.44$4.00#DIV/0!
Yaphank97 591,802 Sq. Ft.$117.61$7.39$2.71
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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.