Category Archives: Schacker News

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR MAR 2024

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Mar 2020 Mar 2022 Mar 2024 4-yr Change 2-yr Change 4k-10k 200.71 224.08 258.20 28.6% 15.2% 10k-30k 171.84 201.01 240.82 40.1% 19.8% 30k-70k 149.54 189.42 234.22 56.6% 23.7% 70k-999k 159.74 226.17 208.01 30.2% -8.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

188 Long Island Ave., Wyandanch Arzu & Mert Realty, an affiliate of Bestway Auto Collision of Deer Park, purchased an 8,442-square-foot industrial building on .74 acres at 188 Long Island Ave. in Wyandanch for $1.7 million. Seckin Yildiz of Voro represented the buyer, while Jeffrey Horn of Schacker Realty represented the seller, D.B.H. Real Estate…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

41 Hutcheson Place, Lynbrook RRT Group Inc., an affiliate of Phoenix Medical Equipment, leased 2,031 square feet of industrial space at 41 Hutcheson Place in Lynbrook. Danniel Paggy of Commercial Industrial Hub LLC represented the tenant, while James Parnes and Anthony Filipelli of Schacker Realty represented the landlord, Amerigo Co-Partnership, in the lease transaction.https://libn.com/2024/01/19/inked-recent-li-real-estate-deals-281/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

690 Albany Ave., North Amityville Ideas Tile & Marble Corp. leased 2,500 square feet of industrial space at 690 Albany Ave. in North Amityville. Michael Parnes of Schacker Realty represented the tenant, while the landlord, Steven Dorf Properties LLC, was self-represented in the lease transaction.https://libn.com/2023/12/21/inked-recent-li-real-estate-deals-279/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

520 Sunrise Highway, West BabylonMaverick Center LLC, an operator of a lacrosse camp, purchased a 4,000-square-foot industrial building on .34 acres at 520 Sunrise Highway in West Babylon for $1.26 million. James Parnes, Anthony Filipelli and Michael Parnes of Schacker Realty represented the buyer, as well as the seller, 520 Sunrise LLC, in the sales…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

593 Jerusalem Road, Uniondale SK Mobile LLC, a distributor of consumer electronics, purchased a 6,000-square-foot industrial building on .27 acres at 593 Jerusalem Road in Uniondale for $1.1 million. James Parnes and Michael Parnes of Schacker Realty represented the buyer, while Connie Munoz of Estelle Stem Realty represented the seller, Skyline Real Estate Management, in…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

194 Lauman Lane, Hicksville Immaculate Pressure Wash LLC, a pressure washer distributor, leased 2,400 square feet of industrial space at 194 Lauman Lane in Hicksville. Michael Parnes and James Parnes of Schacker Realty represented the tenant, while the landlord, Cougar Management and Realty Services, was self-represented in the lease transaction.

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

690 Albany Ave., Amityville Qaswa Corp., a distributor of honey, soap, tea and other products, leased 3,500 square feet of industrial space at 690 Albany Ave. in Amityville. Michael Parnes and James Parnes of Schacker Realty represented the tenant, while landlord Dorf Properties was self-represented in the lease transaction.

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

303 Merrick Road, Lynbrook Emes Solar, a provider of solar installations for residential and commercial properties, leased 2,122 square feet of office space at 303 Merrick Road in Lynbrook. James Parnes and Michael Parnes of Schacker Realty represented the tenant, while David Sargoy of Brown Harris Stevens Commercial represented the landlord, 303 Merrick LLC, in…