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Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2015 |
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Presented by Schacker Realty 631-293-3700 |
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Jun 2014 | May 2015 | Jun 2015 | Annual Change | Monthly Change |
| 4k-20k | $119.24 | $126.26 | $126.78 | 6.3% | 0.4% |
| 20k-50k | $92.46 | $94.24 | $94.92 | 2.7% | 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 2014 | May 2015 | Jun 2015 | Annual Change | Monthly Change |
| 4k-20k | $10.90 | $11.44 | $11.59 | 6.3% | 1.3% |
| 20k-50k | $9.84 | $10.08 | $10.12 | 2.9% | 0.4% |
| 50k-600k | $9.29 | $11.02 | $11.35 | 22.2% | 3.0% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Jun 2014 | May 2015 | Jun 2015 | Annual Change | Monthly Change |
| 4k-20k | 288 | 265 | 264 | -8.3% | -0.4% |
| 20k-50k | 92 | 97 | 99 | 7.6% | 2.1% |
| 50k-600k | 47 | 38 | 37 | -21.3% | -2.6% |
| Total | 427 | 400 | 400 | -6.3% | 0.0% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Jun 2014 | May 2015 | Jun 2015 | Annual Change | Monthly Change |
| 4k-20k | 460 | 364 | 353 | -23.3% | -3.0% |
| 20k-50k | 142 | 128 | 128 | -9.9% | 0.0% |
| 50k-600k | 62 | 45 | 44 | -29.0% | -2.2% |
| Total | 664 | 537 | 525 | -20.9% | -2.2% |
| 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 | 13 | 9 | 264,868 Sq. Ft. | $183.00 | $13.69 | $4.76 |
| Garden City Park | 4 | 2 | 103,501 Sq. Ft. | $140.70 | $13.47 | $5.50 |
| Hempstead | 7 | 9 | 180,016 Sq. Ft. | $122.84 | $12.21 | $3.21 |
| Freeport | 18 | 13 | 371,863 Sq. Ft. | $80.84 | $10.66 | $4.69 |
| Westbury | 10 | 18 | 343,436 Sq. Ft. | $128.96 | $10.75 | $5.08 |
| Oceanside | 17 | 36 | 664,390 Sq. Ft. | $93.08 | $10.06 | $3.44 |
| Hicksville | 12 | 29 | 840,293 Sq. Ft. | $127.17 | $10.23 | $4.60 |
| Bethpage | 1 | 4 | 316,369 Sq. Ft. | $68.00 | $10.97 | $3.08 |
| Syosset | 4 | 15 | 534,462 Sq. Ft. | $113.45 | $11.52 | $3.50 |
| Plainview | 5 | 17 | 390,846 Sq. Ft. | $124.70 | $12.34 | $4.91 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 2 | 7 | 375,580 Sq. Ft. | $124.30 | $13.48 | $1.85 |
| Farmingdale | 29 | 37 | 1,033,404 Sq. Ft. | $106.96 | $10.86 | $3.00 |
| West Babylon | 14 | 11 | 280,478 Sq. Ft. | $112.38 | $9.22 | $2.99 |
| Deer Park | 16 | 18 | 431,605 Sq. Ft. | $94.87 | $9.21 | $2.55 |
| Hauppauge | 27 | 46 | 1,807,698 Sq. Ft. | $120.22 | $9.01 | $2.60 |
| Edgewood | 1 | 9 | 499,850 Sq. Ft. | $115.00 | $9.77 | $2.60 |
| Bay Shore | 16 | 16 | 892,437 Sq. Ft. | $87.70 | $7.53 | $2.60 |
| Islandia | 8 | 5 | 308,949 Sq. Ft. | $104.84 | $9.54 | $2.44 |
| Bohemia | 12 | 22 | 298,426 Sq. Ft. | $118.45 | $8.82 | $2.22 |
| Ronkonkoma | 16 | 31 | 731,226 Sq. Ft. | $95.17 | $9.73 | $2.53 |
| Holbrook | 7 | 11 | 335,612 Sq. Ft. | $89.22 | $9.45 | $1.78 |
| Calverton | 3 | 3 | 301,821 Sq. Ft. | $117.97 | $4.28 | – |
| 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. | ||||||