Monthly Archives: February 2019

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

290-300 Route 109, Farmingdale RGF Home Décor, a tile distributor, leased 5,337 square feet of industrial space at 290-300 Route 109 in Farmingdale. Dermot Kelly of Buck Realty represented the tenant, while Joicey Varughese of Schacker Realty represented landlord Saraha Property Management in the lease transaction.https://libn.com/2019/02/12/inked-recent-li-real-estate-deals-117/

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

910 N. Wellwood Ave, Lindenhurst Tiger’s Wood, a cabinet manufacturer, purchased a 11,107-square-foot industrial building at 910 N. Wellwood Ave. in Lindenhurst for $1.48 million. Gary Friedman and Matt Balzano of Schacker Realty represented the buyer and the seller, Rizzo Holding Co., in the sales transaction.https://libn.com/2019/02/05/inked-recent-li-real-estate-deals-116/ 380 Oser Ave, Hauppauge Express Health Mart Pharmacy Corp.…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2019

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Feb 2015 Feb 2017 Feb 2019 4-yr Change 2-yr Change 4k-10k 153.63 214.41 215.79 40.5% 0.6% 10k-30k 119.05 143.72 164.90 38.5% 14.7% 30k-70k 87.50 105.75 131.15 49.9% 24.0% 70k-999k 102.18 125.74 146.97 43.8% 16.9% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Feb…