Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2015

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2015

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft.Sep 2014Aug 2015Sep 2015Annual ChangeMonthly Change
4k-20k$120.40$127.24$129.317.4%1.6%
20k-50k$94.06$101.19$104.0110.6%2.8%
50k-600k$92.89$95.67$99.637.3%4.1%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Sep 2014Aug 2015Sep 2015Annual ChangeMonthly Change
4k-20k$10.77$11.71$11.799.4%0.6%
20k-50k$10.00$10.43$10.555.5%1.2%
50k-600k$9.44$11.45$10.9716.2%-4.2%
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Number of Listings for Sale
Sq. Ft.Sep 2014Aug 2015Sep 2015Annual ChangeMonthly Change
4k-20k2792802800.4%0.0%
20k-50k1039594-8.7%-1.1%
50k-600k393637-5.1%2.8%
Total421411411-2.4%0.0%
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Number of Listings for Lease or Sublease
Sq. Ft.Sep 2014Aug 2015Sep 2015Annual ChangeMonthly Change
4k-20k417358359-13.9%0.3%
20k-50k146115109-25.3%-5.2%
50k-600k634145-28.6%9.8%
Total626514513-18.1%-0.2%

 

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 Park158 205,148 Sq. Ft.$183.43$14.00$5.02
Garden City Park31 77,609 Sq. Ft.$137.87$13.57$5.55
Hempstead98 207,694 Sq. Ft.$120.45$13.18$3.25
Freeport1410 253,135 Sq. Ft.$92.43$10.85$5.03
Westbury1116 362,208 Sq. Ft.$138.53$11.69$4.45
Oceanside1523 505,370 Sq. Ft.$92.74$10.60$3.81
Hicksville1023 722,929 Sq. Ft.$135.52$10.03$4.90
Bethpage03 214,040 Sq. Ft.$13.43$2.97
Syosset315 528,585 Sq. Ft.$106.25$12.01$3.50
Plainview720 454,277 Sq. Ft.$126.59$12.42$4.97
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville37 391,580 Sq. Ft.$137.82$16.10$1.84
Farmingdale3537 1,060,821 Sq. Ft.$112.52$11.80$3.01
West Babylon1413 228,492 Sq. Ft.$118.31$8.49$3.08
Deer Park1423 506,145 Sq. Ft.$103.48$8.59$2.76
Hauppauge2635 1,461,016 Sq. Ft.$123.35$9.41$2.61
Edgewood110 522,870 Sq. Ft.$115.00$2.60
Bay Shore1917 1,577,249 Sq. Ft.$101.66$8.97$2.75
Islandia76 249,244 Sq. Ft.$112.47$9.81$2.59
Bohemia1525 336,554 Sq. Ft.$124.72$9.99$2.23
Ronkonkoma1425 591,800 Sq. Ft.$102.75$9.64$2.88
Holbrook712 283,790 Sq. Ft.$86.95$9.34$1.70
Calverton23 131,821 Sq. Ft.$259.84$4.28
Yaphank46 193,775 Sq. Ft.$105.56$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.