Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com

                              
Average Listing Price/Sq. Ft.
Sq. Ft.Sep 2014Sep 2015Sep 20162-year Change1-year Change
4k-10k$139.22$151.05$166.1119.3%10.0%
11k-30k$115.03$119.94$132.5415.2%10.5%
31k-70k$88.62$99.88$98.1910.8%-1.7%
71k-600k$94.08$119.32$120.9428.6%1.4%
                              
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Sep 2014Sep 2015Sep 20162-year Change1-year Change
4k-10k$11.37$12.08$12.8312.8%6.2%
11k-30k$10.50$11.60$12.4118.2%7.0%
31k-70k$9.52$10.29$10.8614.0%5.5%
71k-600k$9.19$11.04$10.3412.5%-6.3%
                              
Number of Listings for Sale
Sq. Ft.Sep 2014Sep 2015Sep 20162-year Change1-year Change
4k-10k181176143-21.0%-18.8%
11k-30k139141130-6.5%-7.8%
31k-70k625535-43.5%-36.4%
71k-600k22232827.3%21.7%
Total404395336-16.8%-14.9%
                              
Number of Listings for Lease or Sublease
Sq. Ft.Sep 2014Sep 2015Sep 20162-year Change1-year Change
4k-10k289233203-29.8%-12.9%
11k-30k202161142-29.7%-11.8%
31k-70k887353-39.8%-27.4%
71k-600k322529-9.4%16.0%
Total611492427-30.1%-13.2%

 

                              
Listings For SaleListings For Lease or SubleaseTotal Available Industrial SpaceAvg. Listing Sale PriceAvg. Listing Lease PriceAverage Listing RE Taxes
                              
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park155 265,625 Sq. Ft.$202.60$14.12$5.23
Garden City Park12 86,280 Sq. Ft.$140.00$13.14$3.69
Hempstead103 92,804 Sq. Ft.$131.38$12.25$3.54
Freeport1910 339,198 Sq. Ft.$103.16$11.52$4.60
Westbury1111 244,999 Sq. Ft.$158.65$14.10$3.50
Oceanside1220 372,253 Sq. Ft.$104.79$14.44$4.06
Hicksville1014 597,521 Sq. Ft.$148.65$12.34$5.39
Bethpage011 458,432 Sq. Ft.$14.64
Syosset211 300,658 Sq. Ft.$203.61$13.23$3.40
Plainview419 324,823 Sq. Ft.$175.01$12.97$4.83
                              
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville114 571,919 Sq. Ft.$150.00$11.71$1.84
Farmingdale2740 1,062,255 Sq. Ft.$123.99$13.14$3.19
West Babylon1713 267,193 Sq. Ft.$108.99$8.64$3.36
Deer Park815 268,454 Sq. Ft.$150.22$10.58$3.75
Hauppauge1933 1,396,819 Sq. Ft.$125.46$9.38$2.52
Edgewood16 508,100 Sq. Ft.$125.00$10.00$2.52
Bay Shore1013 770,868 Sq. Ft.$93.25$8.78$3.14
Islandia17 44,395 Sq. Ft.$203.82$10.82$3.98
Bohemia1320 307,077 Sq. Ft.$135.41$9.29$2.75
Ronkonkoma921 383,775 Sq. Ft.$107.98$8.59$2.41
Holbrook714 636,840 Sq. Ft.$83.38$8.87$1.48
Calverton11 75,821 Sq. Ft.$511.44$4.00
Yaphank127 609,978 Sq. Ft.$120.71$7.35$2.61
                              
# 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.