Category Archives: Schacker News

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR DEC 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Dec 2016 Dec 2018 Dec 2020 4-yr Change 2-yr Change 4k-10k 202.78 214.76 224.53 10.7% 4.5% 10k-30k 140.75 165.92 172.59 22.6% 4.0% 30k-70k 105.19 129.08 143.95 36.8% 11.5% 70k-999k 119.85 128.71 145.60 21.5% 13.1% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Dec…

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

125 Merrick Road, Merrick Frank Lapetina purchased a 2,640-square-foot retail building at 125 Merrick Road in Merrick for $950,000. James Parnes and Chris Ferencsik of Schacker Realty represented the buyer, as well as the seller, MA-RA Inc., in the sales transaction.https://libn.com/2020/11/11/inked-recent-li-real-estate-deals-172/ 3055 New St., Oceanside Compassionate Pet Care Aquamation leased 5,200 square feet of industrial…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Nov 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Nov 2016 Nov 2018 Nov 2020 4-yr Change 2-yr Change 4k-10k 201.42 215.81 224.59 11.5% 4.1% 10k-30k 137.54 166.80 176.92 28.6% 6.1% 30k-70k 96.59 132.79 143.87 48.9% 8.3% 70k-999k 117.09 124.57 142.40 21.6% 14.3% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Nov…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Oct 2016 Oct 2018 Oct 2020 4-yr Change 2-yr Change 4k-10k 176.96 210.85 224.69 27.0% 6.6% 10k-30k 134.71 164.56 177.31 31.6% 7.7% 30k-70k 97.22 134.16 142.80 46.9% 6.4% 70k-999k 115.42 122.07 147.39 27.7% 20.7% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Oct…

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

98 E. Industry Court, Deer ParkEagle Emergency Vehicle, an ambulance restoration firm, leased 3,500 square feet of industrial space at 98 E. Industry Court in Deer Park. Matt Balzano of Schacker Realty represented the tenant, as well as the landlord, North & East Management LLC, in the lease transaction.https://libn.com/2020/09/10/inked-recent-li-real-estate-deals-167/ 1 Mahan St., West BabylonDynamics Clean…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Sep 2016 Sep 2018 Sep 2020 4-yr Change 2-yr Change 4k-10k 176.46 207.35 229.83 30.2% 10.8% 10k-30k 133.72 162.80 178.91 33.8% 9.9% 30k-70k 98.06 137.39 142.03 44.8% 3.4% 70k-999k 114.54 108.84 143.68 25.4% 32.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Sep…

SCHACKER REALTY ACQUIRES NEW EXCLUSIVE FOR LEASE IN WOODBURY

Schacker Realty is happy to announce that they’ve been hired as the exclusive agents for the lease of a 14,000 sq. ft. Industrial/Office/R&D space located at 150-170 Crossways Park Drive in Woodbury. The building is a prime industrial/flex property on 2.48 acres of land. Available space options include a 9,100 sq. ft. fully air-conditioned warehouse and…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR AUG 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Aug 2016 Aug 2018 Aug 2020 4-yr Change 2-yr Change 4k-10k 172.17 201.35 228.23 32.6% 13.3% 10k-30k 132.39 162.30 175.07 32.2% 7.9% 30k-70k 95.47 133.35 139.94 46.6% 4.9% 70k-999k 113.53 109.58 140.25 23.5% 28.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Aug…

SCHACKER REALTY ACQUIRES NEW EXCLUSIVE FOR LEASE IN BELLMORE

Schacker Realty is pleased to announce that they’ve been hired as the exclusive agents for the lease of an 8,200 sq. ft. freestanding industrial/retail building located at 2374 Merrick Rd in Bellmore. Situated on a corner lot, the property offers a high ceiling, column-free warehouse plus designated office space, ample on-site parking, 5 drive-ins, yard…

Iconic Developer, Jerry Wolkoff, Passes Away

Long Island has lost a legendary developer and a rare human being. Jerry was a larger than life figure with a tremendous work ethic and exceptional vision. He had outstanding business savvy and rare people skills. He was tough, demanding, and fierce, yet was universally admired and respected by his tenants, brokers, contractors, and municipal…