Category Archives: Schacker News

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

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Aug 2015 Aug 2017 Aug 2019 4-yr Change 2-yr Change 4k-10k 158.73 203.64 216.46 36.4% 6.3% 10k-30k 124.60 147.07 173.21 39.0% 17.8% 30k-70k 92.31 119.67 134.07 45.2% 12.0% 70k-999k 106.71 112.11 136.21 27.6% 21.5% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Aug…

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

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Jul 2015 Jul 2017 Jul 2019 4-yr Change 2-yr Change 4k-10k 157.60 201.32 212.21 34.7% 5.4% 10k-30k 118.67 146.35 172.90 45.7% 18.1% 30k-70k 94.11 111.85 135.21 43.7% 20.9% 70k-999k 105.50 120.89 139.84 32.5% 15.7% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Jul…

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

1531 Smithtown Ave., Bohemia Sensaras, a supplier of liquid level detection systems, purchased a 6,000-square-foot industrial building on .58 acres at 1531 Smithtown Ave. in Bohemia for $1.018 million. Joseph Nesto and Matt Balzano of Schacker Realty represented the buyer, while Jeremy Hackett of Metro Realty Services represented seller HFT Realty Co. in the sales…

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

5300 New Horizons Blvd., Amityville Topiderm/Topix, a supplier of dermatological products, leased a 35,000-square-foot industrial building at 5300 New Horizons Blvd. in Amityville. Philip Shwom and Joseph Nesto of Schacker Realty represented the tenant as well as the landlord, AXN Partners, in the lease transaction.https://libn.com/2019/06/18/inked-recent-li-real-estate-deals-133/ 257 E. 2nd St., Mineola SBG Distribution purchased a 16,836-square-foot…

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

3025 Hempstead Turnpike, LevittownUnited Mortgage leased 5,050 square feet of retail space at 3025 Hempstead Turnpike in Levittown. Chris Ferencsik of Schacker Realty represented the tenant as well as the landlord, Weinstein Enterprises, in the lease transaction. https://libn.com/2019/06/11/inked-recent-li-real-estate-deals-132/ 61 Carolyn Blvd., FarmingdaleA-1 Professional Cleaning & Maintenance Services leased 4,560 square feet of industrial space at…

Mineola Industrial Property Fetches $3.59M

As reported in the Long Island Business News by David Winzelberg on June 4, 2019, Joicey Varughese of Schacker Realty represented the buyer of a 16,836 square foot building located at 257 E. 2nd St in Mineola for $3,590,000. The seller was represented by David Hunt of Hunt Corporate Services. Read more…https://libn.com/2019/06/04/mineola-industrial-property-fetches-3-59m/?ep=1

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

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Jun 2015 Jun 2017 Jun 2019 4-yr Change 2-yr Change 4k-10k 159.15 194.18 209.29 31.5% 7.8% 10k-30k 119.45 144.87 173.58 45.3% 19.8% 30k-70k 90.70 112.29 134.47 48.3% 19.8% 70k-999k 104.44 123.69 144.86 38.7% 17.1% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Jun…

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

608 Main St., WestburyExtra Butter, an e-commerce retailer of athletic footwear, apparel and accessories, purchased a 10,109-square-foot warehouse on .30 acres at 608 Main St. in Westbury for $1.82 million. Gary Chimeri of Alliance Real Estate represented the buyer, while Jeffrey Horn of Schacker Realty represented seller Durr Mechanical Construction in the sales transaction. https://libn.com/2019/05/29/inked-recent-li-real-estate-deals-130/

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

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. May 2015 May 2017 May 2019 4-yr Change 2-yr Change 4k-10k 158.00 191.95 209.75 32.8% 9.3% 10k-30k 168.09 145.82 170.13 1.2% 16.7% 30k-70k 89.28 112.50 131.80 47.6% 17.2% 70k-999k 102.97 125.12 150.38 46.0% 20.2% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. May…