Monthly Archives: December 2017

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

Presented by Schacker Realty¬†¬†631-293-3700 www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Dec 2015 Dec 2016 Dec 2017 2-year Change 1-year Change 4k-10k $154.86 $188.97 $200.97 29.8% 6.3% 11k-30k $119.48 $139.12 $186.20 55.8% 33.8% 31k-70k $97.75 $104.91 $138.84 42.0% 32.3% 71k-600k $119.81 $124.10 $135.33 13.0% 9.1% Average Listing Rent/Sq. Ft. (including RE Taxes) Sq. Ft. Dec…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

574 Broadway Ave., Amityville Powerhouse Mason Supply purchased a 2,900-square-foot industrial building with outdoor storage at 574 Broadway Ave. in Amityville for $1 million. The property is a former lumber yard. Jose Torres of Schacker Realty represented the buyer, while Chris Nicholson of Genesis Real Estate represented seller Sibby Realty Corp. in the sales transaction.…