Category Archives: Schacker News

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKETING TRENDS FOR MAY 2021

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. May 2017 May 2019 May 2021 4-yr Change 2-yr Change 4k-10k 191.95 209.75 228.34 19.0% 8.9% 10k-30k 145.82 170.13 178.52 22.4% 4.9% 30k-70k 112.50 131.80 145.81 29.6% 10.6% 70k-999k 125.12 150.38 162.22 29.7% 7.9% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. May…

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

121-125 Nancy St., West BabylonYonida International Trading Corp., an importer and exporter of electronics and photographic equipment, purchased a 16,500-square-foot industrial building on .85 acres at 121-125 Nancy St. in West Babylon for $1.895 million. Jeffrey Horn of Schacker Realty represented the buyer, as well as the seller, Maddy Associates, in the sales transaction.https://libn.com/2021/03/31/inked-recent-li-real-estate-deals-182/ 145…

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

1 Rodeo Drive, EdgewoodSupplement Manufacturing Partners, a dietary supplement contractor, leased 24,000 square feet of industrial space at 1 Rodeo Drive in Edgewood. Michael Florey of Cushman & Wakefield represented the tenant, while Philip Shwom, Jeffrey Horn and Joseph Nesto of Schacker Realty represented landlord Westland Holding Corp. in the lease transaction.https://libn.com/2021/02/02/inked-recent-li-real-estate-deals-178/

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR JAN 2021

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Jan 2017 Jan 2019 Jan 2021 4-yr Change 2-yr Change 4k-10k 211.42 218.22 225.83 6.8% 3.5% 10k-30k 140.69 167.32 176.63 25.5% 5.6% 30k-70k 108.52 128.38 143.88 32.6% 12.1% 70k-999k 120.50 136.17 147.18 22.1% 8.1% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Jan…

Joe Nesto of Schacker Realty Wins Rising Star Award

On 12/21/2020 The Commercial Industrial Brokers Society of Long Island presented Schacker’s Joe Nesto with its Rising Star Award which recognizes outstanding sales people in the commercial real estate brokerage industry.

Schacker Brokers 98,000 Sq. Ft. Hauppauge Lease

Philip Shwom, President of Schacker Realty, acted as the exclusive listing agent in a long term 98,000/SF transaction representing BCV Realty in a lease with Seviroli Foods, as reported in Long Island Newsday.

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…