Monthly Archives: August 2018

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change 4k-10k $165.18 $197.64 $197.58 19.6% -0.0% 11k-30k $130.38 $169.83 $212.48 63.0% 25.1% 31k-70k $99.34 $140.89 $144.87 45.8% 2.8% 71k-600k $120.97 $129.82 $125.26 3.5% -3.5% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

689 Main St., Westbury 689 Main Holdings purchased a 10,450-square-foot industrial building on .46 acres at 689 Main St. in Westbury for $2.2 million. Jeffrey Horn of Schacker Realty represented the buyer, while Schacker Realty’s Philip Shwom represented the seller, Lenny & Bill LLC, in the sales transaction. https://libn.com/2018/08/14/inked-recent-li-real-estate-deals-97/      2511 S. Long Beach Road,…

Shwom and Horn of Schacker Realty Broker $2.2 Million Sale of 10,450 s/f Westbury Building

689 Main St, Westbury According to Schacker Realty, American Industries Corp. has purchased 689 Main St. for $2.2 million ($210.53 per s/f). The subject property is a 10,450 s/f building. The seller, Aerostructures Long Island was represented by Philip Shwom and Jeffrey Horn of Schacker. American Industries was represented by Horn. As reported on August…

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

300 Karin Lane, Hicksville Lakeville Group, an importer of kitchen cabinets, leased 28,000 square feet of industrial space at 300 Karin Lane in Hicksville. Richard Weissman of Schacker Realty represented the tenant, while Nicholas Gallipoli of Cushman & Wakefield represented landlord 300 Karin Lane Associates in the lease transaction. https://libn.com/2018/08/07/inked-recent-li-real-estate-deals-96/   358 Motor Parkway, Hauppauge…