Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Oct 2015 Oct 2016 Oct 2017 2-year Change 1-year Change
4k-10k $151.56 $180.51 $206.37 36.2% 14.3%
11k-30k $119.41 $133.45 $176.59 47.9% 32.3%
31k-70k $99.87 $97.53 $132.52 32.7% 35.9%
71k-600k $119.68 $121.26 $129.66 8.3% 6.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Oct 2015 Oct 2016 Oct 2017 2-year Change 1-year Change
4k-10k $12.10 $13.15 $14.43 19.3% 9.8%
11k-30k $11.38 $12.43 $13.00 14.2% 4.6%
31k-70k $10.16 $10.72 $12.89 26.9% 20.3%
71k-600k $9.70 $10.47 $11.62 19.8% 11.0%
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Number of Listings for Sale
Sq. Ft. Oct 2015 Oct 2016 Oct 2017 2-year Change 1-year Change
4k-10k 175 145 173 -1.1% 19.3%
11k-30k 140 129 146 4.3% 13.2%
31k-70k 54 34 50 -7.4% 47.1%
71k-600k 23 26 21 -8.7% -19.2%
Total 392 334 390 -0.5% 16.8%
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Number of Listings for Lease or Sublease
Sq. Ft. Oct 2015 Oct 2016 Oct 2017 2-year Change 1-year Change
4k-10k 229 213 210 -8.3% -1.4%
11k-30k 159 147 190 19.5% 29.3%
31k-70k 72 54 62 -13.9% 14.8%
71k-600k 23 29 28 21.7% -3.4%
Total 483 443 490 1.4% 10.6%

 

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
Bethpage 2 6  128,918 Sq. Ft. $515.22 $14.54
Carle Place 2 0  31,000 Sq. Ft. $156.29 $6.81
Floral Park 4 2  24,265 Sq. Ft. $271.61 $12.46 $5.97
Freeport 17 12  376,968 Sq. Ft. $110.26 $12.08 $4.22
Garden City 5 4  176,860 Sq. Ft. $133.44 $18.35 $4.86
Garden City Park 2 0  25,240 Sq. Ft. $166.20 $7.50
Hempstead 12 2  143,365 Sq. Ft. $175.90 $15.61 $4.17
Hicksville 5 18  309,443 Sq. Ft. $193.03 $13.88 $4.03
Inwood 5 10  159,638 Sq. Ft. $120.81 $15.03 $2.81
Mineola 8 7  293,487 Sq. Ft. $122.83 $18.11 $4.31
New Hyde Park 13 5  286,267 Sq. Ft. $209.44 $13.04 $4.55
Oceanside 13 18  294,934 Sq. Ft. $166.47 $12.89 $4.47
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 5 20  420,443 Sq. Ft. $181.48 $14.30 $5.60
Port Washington 4 5  356,817 Sq. Ft. $134.56 $14.78 $4.53
Rockville Centre 4 1  34,097 Sq. Ft. $188.21 $14.00 $4.48
Syosset 2 12  325,573 Sq. Ft. $124.84 $14.07 $2.70
Valley Stream 5 5  83,670 Sq. Ft. $141.08 $15.07 $6.14
West Hempstead 1 1  20,000 Sq. Ft. $212.50 $9.00 $4.90
Westbury 9 18  413,707 Sq. Ft. $141.38 $12.84 $4.31
Woodbury 0 3  34,735 Sq. Ft. $12.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 6 7  260,700 Sq. Ft. $113.00 $10.18 $3.03
Bay Shore 13 16  411,975 Sq. Ft. $110.12 $10.45 $3.46
Bellport 5 3  110,633 Sq. Ft. $90.62 $11.73 $1.76
Bohemia 8 24  328,027 Sq. Ft. $123.44 $10.00 $2.85
Calverton 2 3  92,020 Sq. Ft. $321.75 $9.50 $1.97
Central Islip 5 3  309,516 Sq. Ft. $85.30 $8.69 $3.65
Commack 4 5  287,327 Sq. Ft. $145.16 $10.37 $2.36
Copiague 16 12  248,159 Sq. Ft. $132.64 $11.20 $2.89
Deer Park 11 22  435,812 Sq. Ft. $118.27 $9.98 $2.48
East Setauket 5 4  108,025 Sq. Ft. $141.03 $15.06 $2.74
Edgewood 0 8  424,825 Sq. Ft. $12.15 $1.47
Farmingdale 24 38  916,710 Sq. Ft. $152.82 $12.79 $3.61
Hauppauge 24 32  1,506,708 Sq. Ft. $134.53 $9.92 $2.40
Holbrook 5 10  155,297 Sq. Ft. $89.29 $9.38 $2.10
Holtsville 0 5  70,015 Sq. Ft. $9.28 $1.85
Huntington Station 9 7  110,837 Sq. Ft. $132.69 $13.51 $2.56
Islandia 8 6  147,950 Sq. Ft. $146.99 $10.42 $3.36
Islip 6 2  77,933 Sq. Ft. $118.18 $14.00 $4.04
Lindenhurst 5 3  95,929 Sq. Ft. $113.97 $9.75 $2.58
Medford 6 7  142,798 Sq. Ft. $156.90 $13.40 $3.28
Melville 2 11  520,853 Sq. Ft. $199.33 $13.28 $2.11
Patchogue 11 8  193,419 Sq. Ft. $132.02 $8.34 $3.05
Riverhead 5 3  78,866 Sq. Ft. $130.91 $14.41 $2.24
Ronkonkoma 16 26  543,130 Sq. Ft. $128.25 $10.16 $2.35
West Babylon 13 12  259,786 Sq. Ft. $133.65 $11.08 $3.75
Wyandanch 0 4  204,000 Sq. Ft. $8.50
Yaphank 16 9  777,023 Sq. Ft. $115.60 $9.72 $1.84
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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.