Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Oct 2014Oct 2015Oct 20162-year Change1-year Change
4k-10k$139.74$151.56$180.5129.2%19.1%
11k-30k$113.55$119.41$133.4517.5%11.8%
31k-70k$88.45$99.87$97.5310.3%-2.3%
71k-600k$95.07$119.68$121.2627.5%1.3%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Oct 2014Oct 2015Oct 20162-year Change1-year Change
4k-10k$11.32$12.10$13.1516.1%8.7%
11k-30k$10.55$11.38$12.4317.9%9.2%
31k-70k$9.55$10.16$10.7212.2%5.5%
71k-600k$9.18$9.70$10.4714.0%7.9%
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Number of Listings for Sale
Sq. Ft.Oct 2014Oct 2015Oct 20162-year Change1-year Change
4k-10k183175145-20.8%-17.1%
11k-30k145140129-11.0%-7.9%
31k-70k615434-44.3%-37.0%
71k-600k2623260.0%13.0%
Total415392334-19.5%-14.8%
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Number of Listings for Lease or Sublease
Sq. Ft.Oct 2014Oct 2015Oct 20162-year Change1-year Change
4k-10k288229213-26.0%-7.0%
11k-30k205159147-28.3%-7.5%
31k-70k897254-39.3%-25.0%
71k-600k312329-6.5%26.1%
Total613483443-27.7%-8.3%

 

 

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 273,625 Sq. Ft.$203.24$14.12$4.89
Garden City Park11 74,280 Sq. Ft.$140.00$12.00$3.69
Hempstead113 107,804 Sq. Ft.$131.69$12.25$3.46
Freeport2112 383,006 Sq. Ft.$108.76$11.88$4.58
Westbury912 228,274 Sq. Ft.$171.53$14.10$3.60
Oceanside1221 385,583 Sq. Ft.$105.95$14.45$3.88
Hicksville1015 602,399 Sq. Ft.$148.23$12.47$5.39
Bethpage09 435,932 Sq. Ft.$16.60$6.56
Syosset314 332,228 Sq. Ft.$196.09$13.61$3.40
Plainview417 320,023 Sq. Ft.$175.01$12.98$4.83
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville113 535,919 Sq. Ft.$150.00$12.52$1.92
Farmingdale2637 985,508 Sq. Ft.$126.89$13.53$3.13
West Babylon1813 267,188 Sq. Ft.$111.28$8.66$3.47
Deer Park717 272,501 Sq. Ft.$182.76$10.74$3.90
Hauppauge1933 1,436,054 Sq. Ft.$125.48$9.25$2.48
Edgewood07 429,105 Sq. Ft.$10.00
Bay Shore1013 770,868 Sq. Ft.$101.72$8.78$3.14
Islandia15 27,710 Sq. Ft.$203.82$10.90$3.98
Bohemia1125 388,969 Sq. Ft.$138.43$9.34$2.75
Ronkonkoma820 379,596 Sq. Ft.$107.94$9.27$2.78
Holbrook817 714,575 Sq. Ft.$80.97$9.03$1.65
Calverton01 68,000 Sq. Ft.$4.00
Yaphank137 668,678 Sq. Ft.$120.49$7.35$2.45
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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.