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Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for May 2015 |
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Presented by Schacker Realty 631-293-3700 |
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | May 2014 | Apr 2015 | May 2015 | Annual Change | Monthly Change |
| 4k-20k | $118.40 | $128.10 | $126.26 | 6.6% | -1.4% |
| 20k-50k | $89.08 | $93.00 | $94.24 | 5.8% | 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 2014 | Apr 2015 | May 2015 | Annual Change | Monthly Change |
| 4k-20k | $10.88 | $11.40 | $11.44 | 5.1% | 0.4% |
| 20k-50k | $9.97 | $10.06 | $10.08 | 1.1% | 0.2% |
| 50k-600k | $9.28 | $10.92 | $11.02 | 18.8% | 0.9% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | May 2014 | Apr 2015 | May 2015 | Annual Change | Monthly Change |
| 4k-20k | 306 | 251 | 265 | -13.4% | 5.6% |
| 20k-50k | 99 | 95 | 97 | -2.0% | 2.1% |
| 50k-600k | 48 | 39 | 38 | -20.8% | -2.6% |
| Total | 453 | 385 | 400 | -11.7% | 3.9% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | May 2014 | Apr 2015 | May 2015 | Annual Change | Monthly Change |
| 4k-20k | 481 | 347 | 364 | -24.3% | 4.9% |
| 20k-50k | 144 | 124 | 128 | -11.1% | 3.2% |
| 50k-600k | 68 | 45 | 45 | -33.8% | 0.0% |
| Total | 693 | 516 | 537 | -22.5% | 4.1% |
| 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 | 10 | 271,120 Sq. Ft. | $181.90 | $13.73 | $4.84 |
| Garden City Park | 4 | 2 | 103,501 Sq. Ft. | $140.10 | $13.47 | $5.32 |
| Hempstead | 7 | 6 | 126,116 Sq. Ft. | $122.84 | $12.44 | $4.10 |
| Freeport | 17 | 13 | 337,463 Sq. Ft. | $82.57 | $10.87 | $4.93 |
| Westbury | 10 | 19 | 430,648 Sq. Ft. | $109.92 | $10.66 | $4.49 |
| Oceanside | 16 | 34 | 613,410 Sq. Ft. | $88.42 | $10.14 | $3.34 |
| Hicksville | 12 | 32 | 874,278 Sq. Ft. | $127.51 | $10.25 | $4.69 |
| Bethpage | 2 | 4 | 316,369 Sq. Ft. | $92.00 | $9.61 | $3.08 |
| Syosset | 4 | 23 | 778,462 Sq. Ft. | $113.45 | $11.15 | $3.50 |
| Plainview | 5 | 18 | 394,469 Sq. Ft. | $125.90 | $12.55 | $5.15 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 2 | 6 | 323,800 Sq. Ft. | $124.30 | $13.75 | $1.86 |
| Farmingdale | 29 | 37 | 894,054 Sq. Ft. | $112.10 | $11.24 | $3.00 |
| West Babylon | 13 | 13 | 302,578 Sq. Ft. | $112.12 | $8.99 | $2.90 |
| Deer Park | 15 | 15 | 410,705 Sq. Ft. | $94.85 | $8.61 | $2.55 |
| Hauppauge | 28 | 43 | 1,713,836 Sq. Ft. | $118.37 | $9.08 | $2.52 |
| Edgewood | 1 | 7 | 415,950 Sq. Ft. | $115.00 | – | $2.67 |
| Bay Shore | 17 | 16 | 917,802 Sq. Ft. | $84.59 | $7.74 | $2.46 |
| Islandia | 8 | 5 | 306,073 Sq. Ft. | $104.84 | $9.56 | $2.44 |
| Bohemia | 11 | 22 | 300,726 Sq. Ft. | $116.94 | $8.85 | $2.24 |
| Ronkonkoma | 18 | 37 | 1,077,263 Sq. Ft. | $99.38 | $9.65 | $2.49 |
| Holbrook | 7 | 12 | 333,944 Sq. Ft. | $89.22 | $9.43 | $1.78 |
| Calverton | 4 | 3 | 343,821 Sq. Ft. | $106.42 | $4.28 | $1.00 |
| Yaphank | 4 | 6 | 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.