Category Archives: Schacker News

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR NOV 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Nov 2016 Nov 2017 Nov 2018 2-year Change 1-year Change 4k-10k $193.46 $210.13 $204.36 5.6% -2.7% 11k-30k $139.57 $151.53 $164.75 18.0% 8.7% 31k-70k $98.16 $115.78 $128.51 30.9% 11.0% 71k-600k $122.68 $113.93 $130.96 6.7% 14.9% .   Average Listing Rent/Sq. Ft. (including RE…

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

845 Marconi Ave., Ronkonkoma Ace Interests purchased a 7,000-square-foot industrial building on .53 acres at 845 Marconi Ave. in Ronkonkoma for $1.175 million. James Parnes of Schacker Realty represented the buyer, while Edward Pidgeon of Coldwell Banker Commercial Island Corporate Services represented the seller, NBN Realty Corp., in the sales transaction. https://libn.com/2018/11/20/inked-recent-li-real-estate-deals-109/

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Oct 2016 Oct 2017 Oct 2018 2-year Change 1-year Change 4k-10k $193.85 $213.87 $204.84 5.7% -4.2% 11k-30k $136.41 $144.37 $164.78 20.8% 14.1% 31k-70k $92.31 $112.04 $130.45 41.3% 16.4% 71k-600k $119.75 $113.93 $130.96 9.4% 14.9% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

27 Ludy St., Hicksville American Builders & Contractors Supply leased a 20,000-square-foot building at 27 Ludy St. in Hicksville. Phil Shwom of Schacker Realty represented the tenant, while Paul Jerkovich was the in-house representative for landlord M-H Realty Co. in the lease transaction. https://libn.com/2018/10/02/inked-recent-li-real-estate-deals-104/

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com .   Average Listing Price/Sq. Ft. Sq. Ft. Sep 2016 Sep 2017 Sep 2018 2-year Change 1-year Change 4k-10k $166.11 $199.74 $200.76 20.9% 0.5% 11k-30k $132.54 $176.60 $222.20 67.7% 25.8% 31k-70k $98.19 $140.96 $144.94 47.6% 2.8% 71k-600k $120.94 $131.56 $130.05 7.5% -1.1% .   Average Listing Rent/Sq. Ft. (including…

The Menschy Side of the Wolkoff Clan, Which Has Upset the Apple Cart in Queens and LI

In an article in the Commercial Observer dated September 11, 2018 profiling landlord and developer Gerald Wolkoff, Schacker’s Phil Shwom reflects on his long-time association with and representation of Gerald Wolkoff in various commercial leasing deals throughout Long Island. Read more… https://commercialobserver.com/2018/09/profile-of-jerry-david-adam-wolkoff-5pointz-heartland-town-square/  

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

486 Sunrise Highway, Rockville Centre Tzell Travel Group leased 3,802 square feet of office space at 486 Sunrise Highway in Rockville Centre. James Parnes of Schacker Realty represented the tenant, while Edward Fitzsimmons of Edward Fitzsimmons & Associates represented landlord BCA & Associates in the lease transaction. https://libn.com/2018/09/04/inked-recent-li-real-estate-deals-100/

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change 4k-10k $165.18 $197.64 $197.58 19.6% -0.0% 11k-30k $130.38 $169.83 $212.48 63.0% 25.1% 31k-70k $99.34 $140.89 $144.87 45.8% 2.8% 71k-600k $120.97 $129.82 $125.26 3.5% -3.5% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

689 Main St., Westbury 689 Main Holdings purchased a 10,450-square-foot industrial building on .46 acres at 689 Main St. in Westbury for $2.2 million. Jeffrey Horn of Schacker Realty represented the buyer, while Schacker Realty’s Philip Shwom represented the seller, Lenny & Bill LLC, in the sales transaction. https://libn.com/2018/08/14/inked-recent-li-real-estate-deals-97/      2511 S. Long Beach Road,…

Shwom and Horn of Schacker Realty Broker $2.2 Million Sale of 10,450 s/f Westbury Building

689 Main St, Westbury According to Schacker Realty, American Industries Corp. has purchased 689 Main St. for $2.2 million ($210.53 per s/f). The subject property is a 10,450 s/f building. The seller, Aerostructures Long Island was represented by Philip Shwom and Jeffrey Horn of Schacker. American Industries was represented by Horn. As reported on August…