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

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends
Presented by Schacker Realty 631-293-3700
www.schackerrealty.com

Average Listing Price/Sq. Ft.
Sq. Ft.Jan 2017Jan 2018Jan 20192-year Change1-year Change
4k-10k211.42209.88218.223.2%4.0%
10k-30k140.69158.15167.3218.9%5.8%
30k-70k108.52122.84128.3818.3%4.5%
70k-999k120.50116.78136.1713.0%16.6%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Jan 2017Jan 2018Jan 20192-year Change1-year Change
4k-10k12.8814.0214.4512.2%3.1%
10k-30k12.6713.1414.0510.9%6.9%
30k-70k11.3311.6613.2617.0%13.7%
70k-999k11.4910.2913.0313.4%26.6%

Number of Listings for Sale
Sq. Ft.Jan 2017Jan 2018Jan 20192-year Change1-year Change
4k-10k1371481412.9%-4.7%
10k-30k131136126-3.8%-7.4%
30k-70k43535937.2%11.3%
70k-999k201619-5.0%18.8%
Totals3313533454.2%-2.3%

Number of Listings for Lease or Sublease
Sq. Ft.Jan 2017Jan 2018Jan 20192-year Change1-year Change
4k-10k196186166-15.3%-10.8%
10k-30k152159140-7.9%-11.9%
30k-70k5240579.6%42.5%
70k-999k241718-25.0%5.9%
Totals424402381-10.1%-5.2%

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$143.56$17.00$6.78
Bellmore4344,692$162.47$20.00$4.04
East Meadow419,900$180.31$6.58
Elmont3221,044$218.62$14.00$4.42
Floral Park5334,425$334.90$36.23$5.30
Freeport1518470,607$172.14$14.59$3.53
Glen Cove44885,818$137.94$15.02$3.53
Hempstead7583,423$254.33$14.37$4.30
Hicksville618339,418$199.57$14.72$4.81
Inwood99145,217$208.77$16.40$3.21
Lynbrook53100,750$310.56$17.00$3.95
Massapequa4451,143$203.41$17.34$4.46
Mineola814509,334$184.64$16.95$4.52
New Hyde Park106127,974$328.98$22.27$5.32
Oceanside1111307,384$300.50$14.97$5.21
Plainview411262,413$228.82$15.81$6.60
Port Washington620783,744$178.50$16.71$4.87
Rockville Centre328,397$165.60$4.99
Syosset315514,405$225.62$15.06$2.90
Uniondale33107,095$212.99$20.15$4.54
Valley Stream83117,222$213.04$12.33$6.20
Westbury49134,611$274.23$14.83$5.36

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.)
Amityville38197,470$205.00$10.66$3.48
Bay Shore812203,431$135.68$14.16$3.62
Bellport51125,533$129.08$2.30
Bohemia918286,804$151.94$11.03$3.35
Commack45254,807$196.68$11.62$2.24
Copiague95111,994$167.44$15.62$3.34
Deer Park1420605,812$261.28$12.80$2.77
East Setauket62192,525$146.68$16.00$3.20
Farmingdale1923574,120$187.93$13.62$4.54
Hauppauge1426925,991$181.98$12.01$2.58
Holbrook45118,424$170.30$11.99$1.33
Huntington4226,178$220.69$15.95$3.36
Huntington Station77149,254$271.24$11.10$3.54
Islandia78192,978$133.48$10.57$4.20
Lindenhurst32102,864$125.68$9.75$2.87
Medford54117,597$258.96$13.80$2.65
Melville381,166,139$219.51$15.07$2.74
Patchogue7487,634$134.60$10.75$3.00
Port Jefferson Station4387,160$123.50$11.97$2.04
Riverhead92151,035$160.41$11.50$2.73
Ronkonkoma2918604,922$173.29$12.64$2.78
Smithtown4152,258$302.55$14.00$2.64
Southampton4577,345$334.40$24.85$1.38
West Babylon2010303,437$150.13$12.47$2.92
Yaphank1310273,642$154.72$12.61$2.13

# 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.