Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2020

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


Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2016Feb 2018Feb 20204-yr Change2-yr Change
4k-10k159.21212.18222.7139.9%5.0%
10k-30k127.71160.83174.2736.5%8.4%
30k-70k96.86128.01132.9937.3%3.9%
70k-999k122.04122.74140.9015.5%14.8%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Feb 2016Feb 2018Feb 20204-yr Change2-yr Change
4k-10k12.0514.1914.9724.2%5.5%
10k-30k12.2513.3713.5210.4%1.1%
30k-70k10.8312.7212.8919.0%1.3%
70k-999k10.1410.1114.2940.9%41.3%

Number of Listings for Sale
Sq. Ft.Feb 2016Feb 2018Feb 20204-yr Change2-yr Change
4k-10k135141119-11.9%-15.6%
10k-30k131125110-16.0%-12.0%
30k-70k625244-29.0%-15.4%
70k-999k251519-24.0%26.7%
Totals353333292-17.3%-12.3%

Number of Listings for Lease or Sublease
Sq. Ft.Feb 2016Feb 2018Feb 20204-yr Change2-yr Change
4k-10k211172202-4.3%17.4%
10k-30k147148129-12.2%-12.8%
30k-70k633947-25.4%20.5%
70k-999k23163134.8%93.8%
Totals444375409-7.9%9.1%

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.)
Baldwin3226,950$127.46$17.00$5.90
Bellmore4340,388$205.43$19.33$4.24
East Meadow5132,985$167.18$5.75
East Rockaway3349,436$211.41$19.05$4.13
Elmont5237,694$263.41$14.00$5.17
Floral Park418,301$352.90$5.39
Freeport1711419,089$190.54$15.06$4.18
Glen Cove44891,714$125.92$18.33$2.03
Hempstead6173,497$178.58$12.50$3.54
Hicksville419388,348$458.66$16.83$10.52
Inwood56205,836$224.71$16.00$2.83
Island Park4361,860$143.21$16.50$2.96
Lynbrook6375,018$297.96$21.50$4.60
Massapequa4232,465$157.82$17.77$7.31
Mineola515415,975$193.85$18.25$3.87
New Hyde Park813149,501$324.93$16.10$5.61
Oceanside919255,093$326.46$14.79$8.55
Plainview39324,833$207.02$16.38$5.41
Port Washington815626,988$171.32$15.75$4.46
Rockville Centre3233,122$193.10$14.48$4.34
Syosset414546,422$316.71$17.96$4.58
Valley Stream8261,638$204.44$12.00$7.06
Westbury1210282,111$258.14$14.89$5.79

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.)
Amityville3124,240$183.55$12.00$3.47
Bay Shore1611661,226$202.26$14.91$3.36
Bohemia524166,362$170.88$11.56$2.83
Calverton34152,122$168.96$6.00$1.72
Central Islip411401,937$261.38$11.05$7.43
Commack310253,814$167.18$11.66$2.26
Copiague7775,404$163.02$16.62$4.79
Deer Park1016335,974$163.60$12.64$2.69
East Setauket53143,425$137.58$13.00$4.03
Farmingdale19341,021,700$183.40$13.56$2.55
Hauppauge1428911,583$211.71$12.68$2.48
Holbrook415290,895$127.84$12.42$1.83
Huntington Station8299,804$291.56$16.42$3.86
Islandia410133,597$189.49$12.86$3.37
Patchogue98107,277$157.56$11.49$2.79
Port Jefferson Station3444,900$275.81$13.67$2.43
Riverhead76171,105$163.99$12.12$2.35
Ronkonkoma1535620,096$154.85$11.93$2.84
Saint James3461,100$166.67$11.50$1.82
Smithtown3247,558$300.65$21.14$3.25
West Babylon98124,854$156.69$12.31$3.90
Yaphank1014393,328$138.67$10.93$2.35

# 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.