Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for May 2025

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


Average Listing Sale Price/Sq. Ft.
Sq. Ft.May 2021May 2023May 20254-yr Change2-yr Change
4k-10k201.93244.17282.1939.7%15.6%
10k-30k174.67239.63256.8247.0%7.2%
30k-70k150.01219.68249.3566.2%13.5%
70k-999k179.64218.43198.8810.7%-9.0%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.May 2021May 2023May 20254-yr Change2-yr Change
4k-10k16.2417.6119.7121.4%11.9%
10k-30k14.6118.0018.9029.4%5.0%
30k-70k15.0117.9017.9519.6%0.3%
70k-999k14.6320.2120.4239.6%1.0%

Number of Listings for Sale
Sq. Ft.May 2021May 2023May 20254-yr Change2-yr Change
4k-10k865051-40.7%2.0%
10k-30k8159854.9%44.1%
30k-70k411528-31.7%86.7%
70k-999k1251416.7%180.0%
Totals220129178-19.1%38.0%

Number of Listings for Lease or Sublease
Sq. Ft.May 2021May 2023May 20254-yr Change2-yr Change
4k-10k15913221937.7%65.9%
10k-30k12512116935.2%39.7%
30k-70k57608650.9%43.3%
70k-999k40696562.5%-5.8%
Totals38138253941.5%41.1%

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.)
Bethpage18527,600$222.95$21.28$3.03
East Rockaway3494,940$265.07$20.00$4.15
Freeport510185,588$286.54$24.29$3.01
Garden City18318,851$294.54$26.43$4.40
Glen Cove38136,637$196.14$17.44$2.48
Hempstead1537,104$274.50$21.66$4.54
Hicksville130637,217$324.50$19.97$4.62
Inwood219650,497$224.12$25.35$3.75
Island Park34106,988$251.41$22.98$3.10
Long Beach13147,337$299.75$21.36$2.04
Lynbrook2364,747$249.28$21.87$4.38
New Hyde Park113281,278$264.95$21.93$4.12
Oceanside111107,274$128.54$21.94$5.23
Plainview115294,575$323.82$19.80$5.23
Syosset213175,855$303.05$23.94$4.75
Valley Stream3594,122$266.40$19.17$6.65
Westbury718720,844$264.53$20.13$3.34
Garden City Park476,498$22.50$4.70
Mineola8262,552$24.26$5.32
Port Washington7305,615$21.70$6.42
Rockville Centre420,256$14.28
West Hempstead336,000$19.63
Woodbury3178,967$23.00$6.73

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.)
Amityville814852,872$245.90$14.95$2.43
Bay Shore6151,056,510$252.49$16.77$2.20
Bellport2166,303$189.11$19.00$2.02
Bohemia1128765,588$268.91$16.89$2.55
Brentwood28511,272$240.52$14.66$2.15
Calverton17294,051$92.27$15.87$1.96
Center Moriches2459,834$173.96$19.50$2.10
Central Islip15250,493$212.38$18.79$3.42
Commack210338,883$268.48$18.08$2.46
Copiague47108,607$254.42$16.65$2.75
Deer Park627685,216$271.17$17.10$2.24
Edgewood14317,397$250.00$16.98$2.88
Farmingdale19641,454,141$291.02$20.86$3.03
Hauppauge9461,648,739$237.03$18.77$2.77
Holbrook327482,589$261.13$15.30$2.44
Holtsville54119,006$278.08$16.00$3.49
Huntington Station2349,282$233.38$15.00$2.66
Islandia26710,115$289.85$20.60$2.32
Islip1316,085$294.12$18.00$15.82
Lindenhurst3379,130$296.88$16.83$3.08
Medford713542,397$243.10$19.94$1.21
Patchogue2481,950$300.00$15.00$2.38
Riverhead2568,555$176.10$18.50$2.97
Rocky Point1214,000$275.00$12.21$2.92
Ronkonkoma932751,491$283.56$16.30$2.22
Shirley13331,900$331.63$15.98
West Babylon914234,991$262.43$17.24$3.07
Yaphank28948,617$300.00$17.33$0.14
Melville141,473,516$21.79$2.54
Westhampton Beach551,566$27.17$1.90

# 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.