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

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Nov 2014Nov 2015Nov 20162-year Change1-year Change
4k-10k$139.89$153.66$180.6529.1%17.6%
11k-30k$115.93$119.56$135.7617.1%13.6%
31k-70k$92.30$98.20$103.5512.2%5.4%
71k-600k$99.15$119.62$125.0626.1%4.6%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Nov 2014Nov 2015Nov 20162-year Change1-year Change
4k-10k$11.41$12.09$13.2616.3%9.7%
11k-30k$10.67$11.72$12.2114.4%4.2%
31k-70k$9.46$10.26$11.0817.1%8.0%
71k-600k$9.48$9.83$10.4810.5%6.6%
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Number of Listings for Sale
Sq. Ft.Nov 2014Nov 2015Nov 20162-year Change1-year Change
4k-10k179147157-12.3%6.8%
11k-30k143135133-7.0%-1.5%
31k-70k665238-42.4%-26.9%
71k-600k2523250.0%8.7%
Total413357353-14.5%-1.1%
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Number of Listings for Lease or Sublease
Sq. Ft.Nov 2014Nov 2015Nov 20162-year Change1-year Change
4k-10k276196216-21.7%10.2%
11k-30k200157161-19.5%2.5%
31k-70k886958-34.1%-15.9%
71k-600k2523264.0%13.0%
Total589445461-21.7%3.6%

 

 

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 Park156 268,904 Sq. Ft.$200.19$14.13$5.23
Garden City Park11 74,280 Sq. Ft.$140.00$12.00$3.69
Hempstead123 126,152 Sq. Ft.$130.21$12.25$3.38
Freeport2212 421,006 Sq. Ft.$111.08$11.95$4.57
Westbury1217 450,840 Sq. Ft.$171.53$12.65$3.74
Oceanside1221 383,033 Sq. Ft.$105.95$14.48$3.88
Hicksville1019 664,199 Sq. Ft.$137.35$12.49$4.24
Bethpage14 207,058 Sq. Ft.$17.36$7.67
Syosset414 394,272 Sq. Ft.$172.86$13.58$3.52
Plainview316 258,426 Sq. Ft.$188.90$14.40$4.83
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville114 559,509 Sq. Ft.$156.00$11.88$1.94
Farmingdale2644 1,055,421 Sq. Ft.$144.35$13.04$3.27
West Babylon1714 279,300 Sq. Ft.$111.28$8.77$3.51
Deer Park1117 210,307 Sq. Ft.$187.65$10.62$4.13
Hauppauge2031 1,465,684 Sq. Ft.$125.48$9.29$2.48
Edgewood07 429,105 Sq. Ft.$10.00
Bay Shore1012 783,240 Sq. Ft.$106.73$8.81$3.18
Islandia26 42,710 Sq. Ft.$162.87$10.90$4.17
Bohemia1028 375,269 Sq. Ft.$146.34$9.49$2.81
Ronkonkoma1021 386,996 Sq. Ft.$110.66$9.32$2.72
Holbrook716 515,758 Sq. Ft.$86.43$9.80$1.64
Calverton12 84,695 Sq. Ft.$155.68$4.00$1.89
Yaphank148 663,842 Sq. Ft.$120.74$7.27$2.47
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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.