Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
.
Average Listing Price/Sq. Ft.
Sq. Ft. Feb 2015 Feb 2016 Feb 2017 2-year Change 1-year Change
4k-10k $146.49 $157.38 $180.51 23.2% 14.7%
11k-30k $114.49 $124.54 $146.89 28.3% 17.9%
31k-70k $92.99 $96.88 $116.53 25.3% 20.3%
71k-600k $96.44 $120.44 $127.25 31.9% 5.7%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Feb 2015 Feb 2016 Feb 2017 2-year Change 1-year Change
4k-10k $11.50 $12.15 $13.94 21.3% 14.7%
11k-30k $10.69 $12.08 $12.02 12.4% -0.5%
31k-70k $9.76 $11.11 $12.08 23.8% 8.7%
71k-600k $9.78 $10.25 $12.44 27.3% 21.4%
.
Number of Listings for Sale
Sq. Ft. Feb 2015 Feb 2016 Feb 2017 2-year Change 1-year Change
4k-10k 153 155 151 -1.3% -2.6%
11k-30k 145 131 123 -15.2% -6.1%
31k-70k 62 49 40 -35.5% -18.4%
71k-600k 23 23 21 -8.7% -8.7%
Total 383 358 335 -12.5% -6.4%
.
Number of Listings for Lease or Sublease
Sq. Ft. Feb 2015 Feb 2016 Feb 2017 2-year Change 1-year Change
4k-10k 241 219 232 -3.7% 5.9%
11k-30k 189 137 175 -7.4% 27.7%
31k-70k 79 60 55 -30.4% -8.3%
71k-600k 20 19 28 40.0% 47.4%
Total 529 435 490 -7.4% 12.6%

 

 

Listings For Sale Listings For Lease or Sublease Total Available Industrial Space Avg. Listing Sale Price Avg. Listing Lease Price Average Listing RE Taxes
.
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park 15 7  291,709 Sq. Ft. $208.99 $13.78 $5.46
Garden City Park 1 0  65,180 Sq. Ft. $140.00 $3.47
Hempstead 11 2  98,453 Sq. Ft. $150.88 $12.36 $4.31
Freeport 19 15  418,500 Sq. Ft. $107.30 $11.63 $4.23
Westbury 13 18  413,098 Sq. Ft. $154.05 $12.66 $3.76
Oceanside 11 23  286,293 Sq. Ft. $120.52 $14.03 $4.37
Hicksville 6 18  435,413 Sq. Ft. $152.10 $12.70 $4.16
Bethpage 2 8  367,958 Sq. Ft. $163.02 $17.37 $7.48
Syosset 4 13  345,082 Sq. Ft. $172.86 $13.65 $3.12
Plainview 4 20  340,652 Sq. Ft. $179.73 $14.07 $4.86
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 2 10  531,773 Sq. Ft. $145.46 $12.06 $2.02
Farmingdale 14 56  934,091 Sq. Ft. $168.65 $13.00 $3.34
West Babylon 13 9  192,325 Sq. Ft. $112.02 $8.45 $3.20
Deer Park 9 18  217,126 Sq. Ft. $190.83 $10.63 $4.09
Hauppauge 21 29  1,309,773 Sq. Ft. $128.29 $9.67 $2.52
Edgewood 0 9  483,630 Sq. Ft. $10.00
Bay Shore 10 8  341,103 Sq. Ft. $109.76 $9.05 $3.28
Islandia 4 7  95,800 Sq. Ft. $144.51 $9.76 $3.90
Bohemia 11 27  513,433 Sq. Ft. $134.50 $9.86 $2.99
Ronkonkoma 12 20  460,496 Sq. Ft. $113.58 $9.21 $2.52
Holbrook 7 13  240,094 Sq. Ft. $84.08 $8.58 $1.56
Calverton 1 3  96,945 Sq. Ft. $155.68 $3.79 $1.89
Yaphank 14 9  665,752 Sq. Ft. $117.43 $7.15 $2.24
.
.
# 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.