Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Nov 2015
Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Nov 2015
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Nov 2014Oct 2015Nov 2015Annual ChangeMonthly Change
4k-10k$138.85$150.48$153.0710.2%1.7%
11k-30k$114.89$122.16$120.945.3%-1.0%
31k-70k$92.38$99.49$98.957.1%-0.5%
71k-600k$98.48$118.73$122.5324.4%3.2%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Nov 2014Oct 2015Nov 2015Annual ChangeMonthly Change
4k-10k$11.40$12.21$12.136.4%-0.6%
11k-30k$10.72$11.46$11.719.2%2.2%
31k-70k$9.39$10.05$10.107.5%0.5%
71k-600k$9.48$9.89$10.268.2%3.8%
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Number of Listings for Sale
Sq. Ft.Nov 2014Oct 2015Nov 2015Annual ChangeMonthly Change
4k-10k189183170-10.1%-7.1%
11k-30k1471481544.8%4.1%
31k-70k705755-21.4%-3.5%
71k-600k2724270.0%12.5%
Total433412406-6.2%-1.5%
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Number of Listings for Lease or Sublease
Sq. Ft.Nov 2014Oct 2015Nov 2015Annual ChangeMonthly Change
4k-10k281244228-18.9%-6.6%
11k-30k209172180-13.9%4.7%
31k-70k927976-17.4%-3.8%
71k-600k2524250.0%4.2%
Total607519509-16.1%-1.9%

 

 

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 Park176 296,365 Sq. Ft.$169.28$13.33$5.01
Garden City Park21 79,709 Sq. Ft.$133.83$12.00$4.90
Hempstead1311 254,288 Sq. Ft.$119.96$13.60$3.26
Freeport149 301,630 Sq. Ft.$92.25$10.61$4.29
Westbury611 208,253 Sq. Ft.$127.96$13.58$4.23
Oceanside1622 505,630 Sq. Ft.$82.37$10.24$3.97
Hicksville918 609,321 Sq. Ft.$149.57$10.17$4.90
Bethpage06 405,080 Sq. Ft.$13.98$2.36
Syosset215 513,838 Sq. Ft.$110.32$11.61$3.57
Plainview619 433,498 Sq. Ft.$127.01$12.03$4.75
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville37 320,980 Sq. Ft.$144.08$16.24$1.86
Farmingdale3737 1,241,265 Sq. Ft.$113.75$10.89$3.17
West Babylon1615 264,542 Sq. Ft.$115.51$8.72$3.18
Deer Park1720 515,137 Sq. Ft.$98.40$8.94$2.83
Hauppauge2543 1,545,520 Sq. Ft.$121.48$9.52$2.68
Edgewood09 418,580 Sq. Ft.$9.77$2.52
Bay Shore1519 1,651,899 Sq. Ft.$100.60$9.72$2.84
Islandia75 225,525 Sq. Ft.$122.40$9.92$2.87
Bohemia1924 406,994 Sq. Ft.$116.41$10.00$2.16
Ronkonkoma925 410,274 Sq. Ft.$106.15$9.34$2.23
Holbrook813 300,110 Sq. Ft.$87.42$9.36$1.93
Calverton22 103,321 Sq. Ft.$277.76$3.88 –
Yaphank56 247,275 Sq. Ft.$112.54$6.91$3.22
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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.