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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Feb 2017Feb 2019Feb 20214-yr Change2-yr Change
4k-10k214.41215.79226.635.7%5.0%
10k-30k143.72164.90175.3122.0%6.3%
30k-70k105.75131.15145.1937.3%10.7%
70k-999k125.74146.97156.9224.8%6.8%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Feb 2017Feb 2019Feb 20214-yr Change2-yr Change
4k-10k13.1014.5715.6919.8%7.7%
10k-30k12.5313.8014.2213.5%3.0%
30k-70k10.9413.3514.4231.8%8.0%
70k-999k11.8413.3115.0727.3%13.2%

Number of Listings for Sale
Sq. Ft.Feb 2017Feb 2019Feb 20214-yr Change2-yr Change
4k-10k129137110-14.7%-19.7%
10k-30k12812597-24.2%-22.4%
30k-70k44615013.6%-18.0%
70k-999k192115-21.1%-28.6%
Totals320344272-15.0%-20.9%

Number of Listings for Lease or Sublease
Sq. Ft.Feb 2017Feb 2019Feb 20214-yr Change2-yr Change
4k-10k203161186-8.4%15.5%
10k-30k163136126-22.7%-7.4%
30k-70k46476234.8%31.9%
70k-999k26263846.2%46.2%
Totals438370412-5.9%11.4%

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.)
Baldwin4554,566$185.44$16.25$5.90
Bellmore3247,588$236.70$24.00$6.12
East Meadow314,300$163.33$6.58
Floral Park3119,905$323.83$13.50$4.87
Freeport1912667,014$197.37$15.35$4.47
Glen Cove57913,374$133.51$15.93$2.12
Hempstead61116,843$178.16$16.00$3.38
Hicksville531337,544$262.24$15.52$5.68
Lynbrook8998,467$326.34$16.71$4.95
Massapequa3124,565$166.50$18.52$8.07
Mineola512165,585$185.38$20.16$3.74
New Hyde Park611122,348$283.71$17.55$5.17
Oceanside1119273,063$319.68$14.38$6.81
Plainview513287,797$210.11$15.60$5.13
Port Washington811483,656$203.90$17.01$5.71
Roosevelt3227,838$136.48$17.00$1.72
Syosset319554,698$271.26$17.40$4.02
Valley Stream6142,424$208.69$23.50$7.27
Westbury816557,017$261.44$15.39$5.62

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 Shore1412533,177$219.28$13.27$3.55
Bellport3143,103$232.78$23.90$2.04
Bohemia916282,301$208.37$12.28$2.94
Brentwood46231,698$143.51$12.17$2.02
Central Islip34203,838$175.55$13.38$3.59
Copiague610140,334$215.99$15.50$3.44
Deer Park925496,866$198.20$13.52$2.82
East Setauket53121,600$178.07$12.00$4.50
Farmingdale1630770,615$194.58$13.33$2.80
Hauppauge1225765,798$215.60$13.06$2.53
Huntington Station123128,082$219.51$12.75$4.81
Islip422,525$357.71$7.21
Melville3182,148,263$173.32$15.47$1.92
Patchogue85111,900$137.44$11.49$2.64
Port Jefferson Station3551,150$334.09$10.50$2.42
Riverhead76145,842$186.24$16.28$3.54
Ronkonkoma1011198,420$147.50$13.54$2.59
Saint James3544,016$167.49$13.38$1.98
Smithtown3461,558$185.47$28.29$2.76
West Babylon710131,140$159.35$12.48$3.21

# 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.