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

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.   Annual ChangeMonthly Change
4k-10k$144.51$153.66$154.867.2%0.8%
11k-30k$117.50$119.56$119.481.7%-0.1%
31k-70k$91.11$98.20$97.757.3%-0.5%
71k-600k$98.74$119.62$119.8121.3%0.2%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.   Annual ChangeMonthly Change
4k-10k$11.39$12.09$12.086.1%-0.1%
11k-30k$10.76$11.72$11.9210.8%1.7%
31k-70k$9.58$10.26$10.6911.6%4.2%
71k-600k$9.63$9.83$9.630.0%-2.0%
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Number of Listings for Sale
Sq. Ft.   Annual ChangeMonthly Change
4k-10k162147149-8.0%1.4%
11k-30k145135133-8.3%-1.5%
31k-70k605248-20.0%-7.7%
71k-600k2423240.0%4.3%
Total391357354-9.5%-0.8%
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Number of Listings for Lease or Sublease
Sq. Ft.   Annual ChangeMonthly Change
4k-10k255196207-18.8%5.6%
11k-30k189157155-18.0%-1.3%
31k-70k756963-16.0%-8.7%
71k-600k242323-4.2%0.0%
Total543445448-17.5%0.7%

 

 

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 Park135 256,024 Sq. Ft.$179.73$13.33$4.94
Garden City Park21 79,709 Sq. Ft.$133.83$12.00$4.90
Hempstead107 200,110 Sq. Ft.$119.29$12.68$3.34
Freeport147 278,530 Sq. Ft.$97.48$11.21$4.44
Westbury514 231,077 Sq. Ft.$127.96$13.23$4.44
Oceanside1522 493,142 Sq. Ft.$89.43$10.95$3.59
Hicksville1011 385,110 Sq. Ft.$159.95$10.72$6.20
Bethpage05 250,840 Sq. Ft.$13.53$2.97
Syosset214 438,538 Sq. Ft.$110.32$11.60$3.66
Plainview516 379,013 Sq. Ft.$122.96$12.12$4.61
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville26 260,980 Sq. Ft.$140.90$17.10$1.81
Farmingdale3634 1,149,375 Sq. Ft.$114.73$11.52$3.14
West Babylon1517 254,011 Sq. Ft.$118.95$8.76$3.23
Deer Park1315 392,865 Sq. Ft.$97.20$8.95$3.05
Hauppauge2337 1,409,756 Sq. Ft.$121.35$9.37$2.66
Edgewood09 459,580 Sq. Ft.$9.77$2.52
Bay Shore1518 1,547,299 Sq. Ft.$100.60$9.01$2.84
Islandia56 216,737 Sq. Ft.$116.19$9.80$2.59
Bohemia1620 334,144 Sq. Ft.$119.85$10.20$2.20
Ronkonkoma1022 372,769 Sq. Ft.$96.82$8.98$2.27
Holbrook913 301,360 Sq. Ft.$87.65$9.36$1.70
Calverton22 103,321 Sq. Ft.$277.76$3.88
Yaphank45 187,404 Sq. Ft.$106.41$7.06$3.81
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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.