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.

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. 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 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…