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

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Jun 2014May 2015Jun 2015Annual ChangeMonthly Change
4k-20k$119.24$126.26$126.786.3%0.4%
20k-50k$92.46$94.24$94.922.7%0.7%
50k-600k$90.70$80.99$84.31-7.0%4.1%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Jun 2014May 2015Jun 2015Annual ChangeMonthly Change
4k-20k$10.90$11.44$11.596.3%1.3%
20k-50k$9.84$10.08$10.122.9%0.4%
50k-600k$9.29$11.02$11.3522.2%3.0%
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Number of Listings for Sale
Sq. Ft.Jun 2014May 2015Jun 2015Annual ChangeMonthly Change
4k-20k288265264-8.3%-0.4%
20k-50k9297997.6%2.1%
50k-600k473837-21.3%-2.6%
Total427400400-6.3%0.0%
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Number of Listings for Lease or Sublease
Sq. Ft.Jun 2014May 2015Jun 2015Annual ChangeMonthly Change
4k-20k460364353-23.3%-3.0%
20k-50k142128128-9.9%0.0%
50k-600k624544-29.0%-2.2%
Total664537525-20.9%-2.2%

 

 

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 Park139 264,868 Sq. Ft.$183.00$13.69$4.76
Garden City Park42 103,501 Sq. Ft.$140.70$13.47$5.50
Hempstead79 180,016 Sq. Ft.$122.84$12.21$3.21
Freeport1813 371,863 Sq. Ft.$80.84$10.66$4.69
Westbury1018 343,436 Sq. Ft.$128.96$10.75$5.08
Oceanside1736 664,390 Sq. Ft.$93.08$10.06$3.44
Hicksville1229 840,293 Sq. Ft.$127.17$10.23$4.60
Bethpage14 316,369 Sq. Ft.$68.00$10.97$3.08
Syosset415 534,462 Sq. Ft.$113.45$11.52$3.50
Plainview517 390,846 Sq. Ft.$124.70$12.34$4.91
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville27 375,580 Sq. Ft.$124.30$13.48$1.85
Farmingdale2937 1,033,404 Sq. Ft.$106.96$10.86$3.00
West Babylon1411 280,478 Sq. Ft.$112.38$9.22$2.99
Deer Park1618 431,605 Sq. Ft.$94.87$9.21$2.55
Hauppauge2746 1,807,698 Sq. Ft.$120.22$9.01$2.60
Edgewood19 499,850 Sq. Ft.$115.00$9.77$2.60
Bay Shore1616 892,437 Sq. Ft.$87.70$7.53$2.60
Islandia85 308,949 Sq. Ft.$104.84$9.54$2.44
Bohemia1222 298,426 Sq. Ft.$118.45$8.82$2.22
Ronkonkoma1631 731,226 Sq. Ft.$95.17$9.73$2.53
Holbrook711 335,612 Sq. Ft.$89.22$9.45$1.78
Calverton33 301,821 Sq. Ft.$117.97$4.28
Yaphank46 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.