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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Dec 2016Dec 2018Dec 20204-yr Change2-yr Change
4k-10k202.78214.76224.5310.7%4.5%
10k-30k140.75165.92172.5922.6%4.0%
30k-70k105.19129.08143.9536.8%11.5%
70k-999k119.85128.71145.6021.5%13.1%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Dec 2016Dec 2018Dec 20204-yr Change2-yr Change
4k-10k12.9614.6415.3818.7%5.1%
10k-30k12.6413.9614.4514.3%3.5%
30k-70k10.8112.9314.0730.2%8.8%
70k-999k10.9212.8214.5733.4%13.7%

Number of Listings for Sale
Sq. Ft.Dec 2016Dec 2018Dec 20204-yr Change2-yr Change
4k-10k142132122-14.1%-7.6%
10k-30k13212092-30.3%-23.3%
30k-70k44515320.5%3.9%
70k-999k241620-16.7%25.0%
Totals342319287-16.1%-10.0%

Number of Listings for Lease or Sublease
Sq. Ft.Dec 2016Dec 2018Dec 20204-yr Change2-yr Change
4k-10k200149194-3.0%30.2%
10k-30k155145128-17.4%-11.7%
30k-70k51525813.7%11.5%
70k-999k26183950.0%116.7%
Totals432364419-3.0%15.1%

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.)
Baldwin5573,766$168.10$16.25$5.31
Bellmore3247,588$236.70$24.00$6.12
East Meadow314,300$163.33$6.58
East Rockaway3495,082$191.78$14.81$4.09
Floral Park3119,905$323.83$13.50$4.87
Freeport1910686,985$162.72$15.31$3.49
Glen Cove57924,374$133.51$16.22$2.12
Hempstead61132,871$179.25$16.00$3.38
Hicksville639423,632$499.74$15.21$11.35
Lynbrook8894,467$326.34$16.71$4.95
Massapequa3124,565$157.82$18.55$8.08
Mineola510151,565$190.38$20.76$4.03
New Hyde Park810125,673$311.90$17.09$5.26
Oceanside1119272,813$319.68$15.30$6.81
Plainview517255,866$203.80$15.83$4.82
Port Washington811592,929$193.55$17.15$5.17
Syosset318549,398$271.26$17.03$4.02
Valley Stream8459,952$210.30$18.27$6.62
Westbury1012532,008$250.28$14.35$5.46

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.)
Bay Shore1615650,999$210.46$13.48$3.42
Bayport3283,000$162.71$13.92$5.00
Bohemia822256,687$213.26$11.93$3.00
Brentwood44215,938$143.51$12.63$2.02
Central Islip44205,038$235.62$13.38$9.25
Copiague79108,154$202.33$16.56$4.17
Deer Park1021498,222$198.20$13.93$2.82
East Setauket43116,000$200.14$12.00$4.50
Farmingdale1720756,229$190.44$14.18$2.85
Hauppauge1030837,476$213.43$13.09$2.53
Holtsville31145,655$191.55$13.50$2.78
Huntington Station133190,276$230.62$12.75$4.76
Melville3182,146,503$173.32$15.57$1.82
Patchogue87116,300$137.44$10.16$2.64
Riverhead77150,042$132.90$16.24$3.37
Ronkonkoma1114214,372$168.75$12.48$2.73
Saint James3544,016$167.49$13.38$1.98
Smithtown3461,558$185.47$28.29$2.76
West Babylon79109,351$158.90$12.34$3.22
Wyandanch4216,300$288.44$11.53$6.72
Yaphank96237,682$78.35$9.86$2.37

# 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.