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

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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.May 2014Apr 2015May 2015Annual ChangeMonthly Change
4k-20k$118.40$128.10$126.266.6%-1.4%
20k-50k$89.08$93.00$94.245.8%1.3%
50k-600k$89.27$81.80$80.99-9.3%-1.0%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.May 2014Apr 2015May 2015Annual ChangeMonthly Change
4k-20k$10.88$11.40$11.445.1%0.4%
20k-50k$9.97$10.06$10.081.1%0.2%
50k-600k$9.28$10.92$11.0218.8%0.9%
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Number of Listings for Sale
Sq. Ft.May 2014Apr 2015May 2015Annual ChangeMonthly Change
4k-20k306251265-13.4%5.6%
20k-50k999597-2.0%2.1%
50k-600k483938-20.8%-2.6%
Total453385400-11.7%3.9%
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Number of Listings for Lease or Sublease
Sq. Ft.May 2014Apr 2015May 2015Annual ChangeMonthly Change
4k-20k481347364-24.3%4.9%
20k-50k144124128-11.1%3.2%
50k-600k684545-33.8%0.0%
Total693516537-22.5%4.1%

 

 

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 Park1310 271,120 Sq. Ft.$181.90$13.73$4.84
Garden City Park42 103,501 Sq. Ft.$140.10$13.47$5.32
Hempstead76 126,116 Sq. Ft.$122.84$12.44$4.10
Freeport1713 337,463 Sq. Ft.$82.57$10.87$4.93
Westbury1019 430,648 Sq. Ft.$109.92$10.66$4.49
Oceanside1634 613,410 Sq. Ft.$88.42$10.14$3.34
Hicksville1232 874,278 Sq. Ft.$127.51$10.25$4.69
Bethpage24 316,369 Sq. Ft.$92.00$9.61$3.08
Syosset423 778,462 Sq. Ft.$113.45$11.15$3.50
Plainview518 394,469 Sq. Ft.$125.90$12.55$5.15
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville26 323,800 Sq. Ft.$124.30$13.75$1.86
Farmingdale2937 894,054 Sq. Ft.$112.10$11.24$3.00
West Babylon1313 302,578 Sq. Ft.$112.12$8.99$2.90
Deer Park1515 410,705 Sq. Ft.$94.85$8.61$2.55
Hauppauge2843 1,713,836 Sq. Ft.$118.37$9.08$2.52
Edgewood17 415,950 Sq. Ft.$115.00$2.67
Bay Shore1716 917,802 Sq. Ft.$84.59$7.74$2.46
Islandia85 306,073 Sq. Ft.$104.84$9.56$2.44
Bohemia1122 300,726 Sq. Ft.$116.94$8.85$2.24
Ronkonkoma1837 1,077,263 Sq. Ft.$99.38$9.65$2.49
Holbrook712 333,944 Sq. Ft.$89.22$9.43$1.78
Calverton43 343,821 Sq. Ft.$106.42$4.28$1.00
Yaphank46 189,701 Sq. Ft.$101.67$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.