Monthly Archives: September 2019

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

61 Ranick Drive, Amityville Arrow Produce leased 12,500 square feet of industrial space at 61 Ranick Drive in Amityville. Joicey Varughese of Schacker Realty represented the tenant, while landlord Racanelli Realty was self-represented in the lease transaction. https://libn.com/2019/09/24/inked-recent-li-real-estate-deals-144/ 20-36 Central Ave., Hauppauge TA Mechanical Group leased 6,000 square feet of industrial space at 20-36 Central Ave.…

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

180 Atlantic Ave., Garden City Park Spiel Associates, a supplier of book binding equipment, leased 20,000 square feet of industrial space at 180 Atlantic Ave. in Garden City Park. Peter Hawkins of Greiner-Maltz Long Island represented the tenant, while Gary Friedman of Schacker Realty represented landlord Third Street LLC in the lease transaction.https://libn.com/2019/08/27/inked-recent-li-real-estate-deals-140/

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

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Sep 2015 Sep 2017 Sep 2019 4-yr Change 2-yr Change 4k-10k 154.56 204.12 227.24 47.0% 11.3% 10k-30k 126.82 148.61 173.21 36.6% 16.6% 30k-70k 95.10 120.65 132.45 39.3% 9.8% 70k-999k 116.15 111.34 135.02 16.2% 21.3% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Sep…