Monthly Archives: June 2017

This Week in Long Island Business News: Schacker Real Estate Transactions

1 Herricks Road, Garden City Park LSC Development purchased a 65,180-square-foot industrial building at 1 Herricks Road in Garden City Park for $8.15 million. Gary Friedman and Phil Shwom of Schacker Realty represented the buyer LSC Development and the seller, Feldman Wood Products, in the sales transaction. http://libn.com/2017/06/27/inked-recent-li-real-estate-deals-44/   66 Brooklyn Ave., Westbury Allcon Contracting…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2017

Presented by Schacker Realty¬† 631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Jun 2015 Jun 2016 Jun 2017 2-year Change 1-year Change 4k-10k $148.69 $160.99 $195.25 31.3% 21.3% 11k-30k $113.34 $129.25 $169.16 49.2% 30.9% 31k-70k $95.64 $97.84 $134.51 40.6% 37.5% 71k-600k $103.25 $117.94 $128.42 24.4% 8.9% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

This Week in Long Island Business News: Schacker Real Estate Transaction

150 Remington Blvd., Ronkonkoma Alloys International purchased a 5,600-square-foot industrial condo at 150 Remington Blvd. in Ronkonkoma for $675,000. Patrick Homme of Schacker Realty represented the buyer, while Kathleen Bardekoff of KPB Realty represented seller Sportsman Holding in the sales transaction. http://libn.com/2017/06/19/inked-recent-li-real-estate-deals-43/

Newsday Reports on Record Demand for Industrial Real Estate on Long Island

Rental prices and demand for industrial real estate on Long Island are the highest they have ever been, real estate brokers, analysts and developers say. Amid improving economic conditions, growth in e-commerce and demand for space from New York City businesses moving east, rental prices for Long Island warehouses and factory buildings have reached records,…

This Week in Long Island Business News: Schacker Real Estate Transactions

101 Nassau Terminal Drive, New Hyde Park Poured Floors of NY & NJ leased 10,800 square feet at 101 Nassau Terminal Drive in New Hyde Park. Devang Koya of Schacker Realty represented the tenant, while Ed Bruckstein of Crosstown Realty represented landlord 101 NTR LLC in the lease transaction. http://libn.com/2017/06/06/inked-recent-li-real-estate-deals-41/   262 Glen Head Road,…