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

Presented by Schacker Realty 631-293-3700
www.schackerrealty.com


Average Listing Price/Sq. Ft.
Sq. Ft.Dec 2015Dec 2017Dec 20194-yr Change2-yr Change
4k-10k154.90207.52224.7045.1%8.3%
10k-30k127.59157.88168.1231.8%6.5%
30k-70k95.85119.87136.2742.2%13.7%
70k-999k116.81116.44146.6525.5%25.9%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Dec 2015Dec 2017Dec 20194-yr Change2-yr Change
4k-10k12.1313.9514.7821.8%5.9%
10k-30k11.9013.1513.6014.3%3.4%
30k-70k10.2011.5413.7134.4%18.8%
70k-999k9.8110.4914.2745.5%36.0%

Number of Listings for Sale
Sq. Ft.Dec 2015Dec 2017Dec 20194-yr Change2-yr Change
4k-10k131146115-12.2%-21.2%
10k-30k140137112-20.0%-18.2%
30k-70k645646-28.1%-17.9%
70k-999k231918-21.7%-5.3%
Totals358358291-18.7%-18.7%

Number of Listings for Lease or Sublease
Sq. Ft.Dec 2015Dec 2017Dec 20194-yr Change2-yr Change
4k-10k1921861983.1%6.5%
10k-30k160160128-20.0%-20.0%
30k-70k664050-24.2%25.0%
70k-999k25213124.0%47.6%
Totals443407407-8.1%0.0%

Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings For SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Baldwin4337,610$129.68$17.00$5.90
Bellmore4352,680$205.43$19.65$4.24
East Meadow5132,985$167.18$5.75
Elmont5237,694$260.80$14.00$5.17
Floral Park4121,301$352.90$5.39
Freeport1611425,912$186.97$14.94$3.98
Glen Cove45893,714$125.92$17.12$2.99
Hempstead6173,497$178.58$12.50$3.54
Hicksville621436,582$377.08$16.67$9.21
Inwood45181,836$209.01$14.50$2.86
Island Park3241,060$145.40$16.50$2.80
Lynbrook6281,936$280.99$23.00$4.04
Massapequa4128,465$157.82$18.55$7.31
Mineola511401,785$187.87$17.62$3.79
New Hyde Park813148,901$326.82$16.33$5.60
Oceanside917245,593$326.46$14.94$7.74
Plainview38170,635$211.44$16.15$5.41
Port Washington823768,748$174.08$16.83$4.65
Syosset315608,778$289.06$16.76$4.07
Valley Stream7378,610$198.16$10.46$6.86
Westbury99256,573$257.13$15.60$5.08

Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings For SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Amityville3350,400$190.22$11.98$3.59
Bay Shore1611660,199$202.59$15.05$3.27
Bohemia825234,470$163.95$11.72$2.61
Calverton36164,722$168.96$7.00$1.72
Central Islip39354,373$282.77$10.56$51.95
Copiague9588,348$158.25$14.38$4.33
Deer Park925347,049$166.61$12.54$2.74
East Setauket52137,925$137.58$14.00$4.03
Farmingdale1629724,227$182.55$14.27$2.47
Hauppauge17301,086,577$200.28$12.61$2.49
Holbrook412131,351$127.84$12.14$1.83
Huntington Station8299,804$317.81$15.00$4.13
Islandia58177,187$157.36$11.12$3.37
Medford31190,763$198.18$12.36$2.50
Patchogue108115,700$148.65$12.62$2.69
Port Jefferson Station3338,900$275.81$13.67$2.43
Riverhead87175,812$155.67$11.96$2.29
Ronkonkoma1331662,431$190.82$12.10$2.92
Saint James3461,100$166.67$11.50$1.82
Smithtown3247,558$300.65$21.14$3.25
West Babylon910135,254$160.16$12.42$3.89
Yaphank1216403,804$127.96$11.31$2.38

# About Schacker Realty
Schacker Real Estate Corp. is a Long Island commercial & industrial real estate firm specializing in Nassau County commercial properties, office space, industrial space, and warehouse space & Suffolk County commercial properties, office space, industrial space, and warehouse space.

Whether you’re looking to buy, purchase, sell, lease, or sublease industrial space, office space, warehouse space, or any other commercial real estate in North Hempstead, Hempstead, Islip, Huntington, Babylon, Oyster Bay, Smithtown, or Brookhaven, or Long Island, the brokers at Schacker Realty are the experts. Schacker Realty services Brooklyn and Queens as well.

All information is subject to errors, omissions, modification, and withdrawal. Measurements may be estimates and information shown should not be relied without independent verification. Properties on this web site are not listed exclusively with Schacker Realty unless specifically labeled as an exclusive listing.