Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Sep 2015 Sep 2016 Sep 2017 2-year Change 1-year Change
4k-10k $151.05 $166.11 $199.74 32.2% 20.2%
11k-30k $119.94 $132.54 $176.60 47.2% 33.2%
31k-70k $99.88 $98.19 $140.96 41.1% 43.6%
71k-600k $119.32 $120.94 $131.56 10.3% 8.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Sep 2015 Sep 2016 Sep 2017 2-year Change 1-year Change
4k-10k $12.08 $12.83 $14.48 19.9% 12.9%
11k-30k $11.60 $12.41 $12.96 11.7% 4.4%
31k-70k $10.29 $10.86 $12.33 19.8% 13.6%
71k-600k $11.04 $10.34 $11.98 8.6% 15.9%
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Number of Listings for Sale
Sq. Ft. Sep 2015 Sep 2016 Sep 2017 2-year Change 1-year Change
4k-10k 176 143 179 1.7% 25.2%
11k-30k 141 130 141 0.0% 8.5%
31k-70k 55 35 45 -18.2% 28.6%
71k-600k 23 28 22 -4.3% -21.4%
Total 395 336 387 -2.0% 15.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Sep 2015 Sep 2016 Sep 2017 2-year Change 1-year Change
4k-10k 233 203 216 -7.3% 6.4%
11k-30k 161 142 187 16.1% 31.7%
31k-70k 73 53 58 -20.5% 9.4%
71k-600k 25 29 33 32.0% 13.8%
Total 492 427 494 0.4% 15.7%

 

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 1 8  316,297 Sq. Ft. $455.90 $17.51 $6.56
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 16 12  376,968 Sq. Ft. $106.10 $12.12 $4.22
Garden City 5 5  198,196 Sq. Ft. $133.44 $14.75 $4.51
Garden City Park 2 0  25,240 Sq. Ft. $166.20 $7.50
Hempstead 12 1  211,893 Sq. Ft. $166.10 $13.50 $4.05
Hicksville 5 17  281,032 Sq. Ft. $193.03 $12.80 $4.11
Inwood 6 10  159,638 Sq. Ft. $125.62 $14.70 $2.81
Mineola 8 9  291,945 Sq. Ft. $123.65 $16.00 $4.23
New Hyde Park 13 3  263,807 Sq. Ft. $206.83 $12.54 $4.74
Oceanside 13 19  317,734 Sq. Ft. $166.47 $12.96 $4.47
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 6 21  450,993 Sq. Ft. $192.65 $14.22 $5.60
Port Washington 5 6  452,041 Sq. Ft. $134.74 $14.75 $4.52
Rockville Centre 4 1  33,777 Sq. Ft. $191.48 $14.00 $4.48
Syosset 2 13  346,573 Sq. Ft. $124.84 $13.95 $2.70
Valley Stream 6 7  97,209 Sq. Ft. $137.28 $16.60 $6.47
West Hempstead 1 0  2,000 Sq. Ft. $212.50 $4.90
Westbury 9 18  389,457 Sq. Ft. $146.33 $12.81 $4.06
Woodbury 0 3  34,735 Sq. Ft. $12.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 8 8  282,542 Sq. Ft. $121.38 $10.23 $3.61
Bay Shore 14 16  430,348 Sq. Ft. $110.72 $10.50 $3.35
Bellport 5 3  110,633 Sq. Ft. $90.62 $11.73 $1.76
Bohemia 11 23  471,027 Sq. Ft. $127.34 $10.00 $3.14
Calverton 2 3  92,020 Sq. Ft. $321.75 $9.50 $1.97
Central Islip 3 4  263,716 Sq. Ft. $90.77 $8.69 $3.58
Commack 4 5  288,436 Sq. Ft. $145.16 $10.31 $2.33
Copiague 15 12  204,487 Sq. Ft. $137.60 $11.23 $2.88
Deer Park 8 19  352,113 Sq. Ft. $157.44 $10.02 $2.55
East Setauket 5 4  108,025 Sq. Ft. $153.88 $15.06 $2.91
Edgewood 0 7  386,025 Sq. Ft. $12.00 $1.47
Farmingdale 24 38  900,360 Sq. Ft. $152.29 $12.83 $3.70
Hauppauge 24 28  1,400,568 Sq. Ft. $134.95 $9.84 $2.39
Holbrook 7 16  664,077 Sq. Ft. $90.60 $8.68 $1.71
Holtsville 0 2  63,415 Sq. Ft. $8.95 $1.85
Huntington Station 9 8  161,837 Sq. Ft. $128.45 $12.19 $2.56
Islandia 8 6  147,950 Sq. Ft. $146.99 $10.42 $3.36
Islip 6 2  77,932 Sq. Ft. $118.18 $14.00 $4.01
Lindenhurst 5 3  86,359 Sq. Ft. $97.10 $9.75 $2.70
Medford 6 7  142,798 Sq. Ft. $156.90 $13.40 $3.28
Melville 1 11  401,853 Sq. Ft. $13.11 $2.17
Patchogue 11 8  199,994 Sq. Ft. $126.26 $8.19 $3.02
Riverhead 5 3  80,866 Sq. Ft. $124.38 $14.41 $2.06
Ronkonkoma 14 22  453,257 Sq. Ft. $139.47 $10.26 $2.43
West Babylon 15 11  259,565 Sq. Ft. $136.28 $10.58 $4.10
Wyandanch 1 4  233,145 Sq. Ft. $123.52 $8.50 $3.02
Yaphank 16 9  777,023 Sq. Ft. $115.60 $9.72 $1.86
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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.