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

Presented by Schacker Realty 631-293-3700
www.schackerrealty.com


Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2015Feb 2017Feb 20194-yr Change2-yr Change
4k-10k153.63214.41215.7940.5%0.6%
10k-30k119.05143.72164.9038.5%14.7%
30k-70k87.50105.75131.1549.9%24.0%
70k-999k102.18125.74146.9743.8%16.9%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Feb 2015Feb 2017Feb 20194-yr Change2-yr Change
4k-10k11.3613.1014.5728.3%11.2%
10k-30k10.7512.5313.8028.4%10.1%
30k-70k9.5410.9413.3539.9%22.0%
70k-999k9.3611.8413.3142.2%12.4%

Number of Listings for Sale
Sq. Ft.Feb 2015Feb 2017Feb 20194-yr Change2-yr Change
4k-10k145129137-5.5%6.2%
10k-30k148128125-15.5%-2.3%
30k-70k704461-12.9%38.6%
70k-999k251921-16.0%10.5%
Totals388320344-11.3%7.5%

Number of Listings for Lease or Sublease
Sq. Ft.Feb 2015Feb 2017Feb 20194-yr Change2-yr Change
4k-10k239203161-32.6%-20.7%
10k-30k192163136-29.2%-16.6%
30k-70k834647-43.4%2.2%
70k-999k21262623.8%0.0%
Totals535438370-30.8%-15.5%

Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings For SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Baldwin3226,950$143.56$17.00$6.78
Bellmore4344,692$162.47$20.00$5.12
East Meadow4132,985$180.31$6.58
Elmont3221,044$218.62$14.00$4.42
Floral Park6337,425$348.09$36.23$5.19
Freeport1716500,998$168.53$15.23$4.81
Glen Cove53881,918$145.64$14.73$2.76
Hempstead7477,423$252.96$14.83$4.30
Hicksville718324,213$393.28$15.18$6.57
Inwood910156,200$235.72$16.40$2.77
Lynbrook53100,750$310.56$17.00$4.75
Massapequa4449,543$203.41$16.67$4.79
Mineola611491,475$185.23$15.99$3.26
New Hyde Park85122,419$305.77$20.70$5.21
Oceanside1113247,384$300.92$14.48$4.24
Plainview519314,445$202.26$15.10$6.10
Port Washington621787,744$178.50$16.76$4.87
Rockville Centre328,397$165.60$4.99
Syosset312393,126$232.57$15.58$2.90
Valley Stream83111,822$211.98$12.33$6.56
Westbury59213,626$274.23$14.95$5.15

Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings For SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Amityville37191,038$205.00$10.76$3.48
Bay Shore913382,922$143.84$13.21$3.21
Bellport51125,533$129.08$2.30
Bohemia1219312,086$166.79$10.85$3.25
Commack45247,307$196.68$11.74$2.24
Copiague94105,494$167.44$14.78$3.34
Deer Park1316584,712$252.59$12.40$2.77
East Setauket62142,025$142.51$14.50$3.40
Farmingdale2023501,326$191.14$13.97$4.42
Hauppauge1427963,936$182.99$11.91$2.38
Holbrook46120,429$170.30$11.88$1.83
Huntington4226,178$220.69$15.95$3.36
Huntington Station5572,254$326.82$12.19$4.31
Islandia85214,278$132.16$10.85$3.00
Lindenhurst32102,864$123.41$9.75$2.87
Medford44111,597$240.57$13.80$1.74
Patchogue7487,634$133.07$10.75$3.07
Port Jefferson Station4280,180$123.50$11.98$2.04
Riverhead93181,035$157.92$11.50$2.51
Ronkonkoma3013588,415$173.29$12.70$2.78
Saint James3380,450$249.04$13.46$3.96
Smithtown4152,258$302.55$14.00$2.64
Southampton4572,345$334.40$24.85$1.54
West Babylon1811257,444$150.40$12.17$2.93
Yaphank1315411,142$154.72$10.63$2.39

# About Schacker Realty
Schacker Real Estate Corp. is a Long Island commercial & industrial real estate firm specializing in Nassau County commercial properties, office space, industrial space, and warehouse space & Suffolk County commercial properties, office space, industrial space, and warehouse space.

Whether you’re looking to buy, purchase, sell, lease, or sublease industrial space, office space, warehouse space, or any other commercial real estate in North Hempstead, Hempstead, Islip, Huntington, Babylon, Oyster Bay, Smithtown, or Brookhaven, or Long Island, the brokers at Schacker Realty are the experts. Schacker Realty services Brooklyn and Queens as well.

All information is subject to errors, omissions, modification, and withdrawal. Measurements may be estimates and information shown should not be relied without independent verification. Properties on this web site are not listed exclusively with Schacker Realty unless specifically labeled as an exclusive listing.