Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2015Feb 2016Feb 20172-year Change1-year Change
4k-10k$146.49$157.38$180.5123.2%14.7%
11k-30k$114.49$124.54$146.8928.3%17.9%
31k-70k$92.99$96.88$116.5325.3%20.3%
71k-600k$96.44$120.44$127.2531.9%5.7%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Feb 2015Feb 2016Feb 20172-year Change1-year Change
4k-10k$11.50$12.15$13.9421.3%14.7%
11k-30k$10.69$12.08$12.0212.4%-0.5%
31k-70k$9.76$11.11$12.0823.8%8.7%
71k-600k$9.78$10.25$12.4427.3%21.4%
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Number of Listings for Sale
Sq. Ft.Feb 2015Feb 2016Feb 20172-year Change1-year Change
4k-10k153155151-1.3%-2.6%
11k-30k145131123-15.2%-6.1%
31k-70k624940-35.5%-18.4%
71k-600k232321-8.7%-8.7%
Total383358335-12.5%-6.4%
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Number of Listings for Lease or Sublease
Sq. Ft.Feb 2015Feb 2016Feb 20172-year Change1-year Change
4k-10k241219232-3.7%5.9%
11k-30k189137175-7.4%27.7%
31k-70k796055-30.4%-8.3%
71k-600k20192840.0%47.4%
Total529435490-7.4%12.6%

 

 

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 Park157 291,709 Sq. Ft.$208.99$13.78$5.46
Garden City Park10 65,180 Sq. Ft.$140.00$3.47
Hempstead112 98,453 Sq. Ft.$150.88$12.36$4.31
Freeport1915 418,500 Sq. Ft.$107.30$11.63$4.23
Westbury1318 413,098 Sq. Ft.$154.05$12.66$3.76
Oceanside1123 286,293 Sq. Ft.$120.52$14.03$4.37
Hicksville618 435,413 Sq. Ft.$152.10$12.70$4.16
Bethpage28 367,958 Sq. Ft.$163.02$17.37$7.48
Syosset413 345,082 Sq. Ft.$172.86$13.65$3.12
Plainview420 340,652 Sq. Ft.$179.73$14.07$4.86
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville210 531,773 Sq. Ft.$145.46$12.06$2.02
Farmingdale1456 934,091 Sq. Ft.$168.65$13.00$3.34
West Babylon139 192,325 Sq. Ft.$112.02$8.45$3.20
Deer Park918 217,126 Sq. Ft.$190.83$10.63$4.09
Hauppauge2129 1,309,773 Sq. Ft.$128.29$9.67$2.52
Edgewood09 483,630 Sq. Ft.$10.00
Bay Shore108 341,103 Sq. Ft.$109.76$9.05$3.28
Islandia47 95,800 Sq. Ft.$144.51$9.76$3.90
Bohemia1127 513,433 Sq. Ft.$134.50$9.86$2.99
Ronkonkoma1220 460,496 Sq. Ft.$113.58$9.21$2.52
Holbrook713 240,094 Sq. Ft.$84.08$8.58$1.56
Calverton13 96,945 Sq. Ft.$155.68$3.79$1.89
Yaphank149 665,752 Sq. Ft.$117.43$7.15$2.24
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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.