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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Jan 2017Jan 2019Jan 20214-yr Change2-yr Change
4k-10k211.42218.22225.836.8%3.5%
10k-30k140.69167.32176.6325.5%5.6%
30k-70k108.52128.38143.8832.6%12.1%
70k-999k120.50136.17147.1822.1%8.1%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Jan 2017Jan 2019Jan 20214-yr Change2-yr Change
4k-10k12.8814.4515.6521.5%8.3%
10k-30k12.6714.0514.3413.2%2.1%
30k-70k11.3313.2614.1725.1%6.9%
70k-999k11.4913.0314.9229.9%14.5%

Number of Listings for Sale
Sq. Ft.Jan 2017Jan 2019Jan 20214-yr Change2-yr Change
4k-10k137141117-14.6%-17.0%
10k-30k13112692-29.8%-27.0%
30k-70k43595118.6%-13.6%
70k-999k201919-5.0%0.0%
Totals331345279-15.7%-19.1%

Number of Listings for Lease or Sublease
Sq. Ft.Jan 2017Jan 2019Jan 20214-yr Change2-yr Change
4k-10k196166177-9.7%6.6%
10k-30k152140120-21.1%-14.3%
30k-70k52576117.3%7.0%
70k-999k24183858.3%111.1%
Totals424381396-6.6%3.9%

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
Freeport1911663,585$201.45$15.31$4.45
Glen Cove57913,374$133.51$16.36$2.12
Hempstead61132,871$178.16$16.00$3.38
Hicksville535363,432$262.24$15.39$5.68
Lynbrook8998,467$326.34$16.71$4.95
Massapequa3124,565$166.50$18.52$8.07
Mineola510157,425$185.38$20.31$3.85
New Hyde Park68114,348$283.71$17.37$5.17
Oceanside1119270,313$319.68$15.30$6.81
Plainview412202,735$207.01$16.01$5.37
Port Washington711477,680$195.98$17.01$5.77
Syosset319554,473$271.26$17.46$4.02
Valley Stream7251,752$212.02$23.50$6.59
Westbury1014548,015$247.28$15.28$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 Shore1613640,749$209.98$12.75$3.38
Bellport3143,103$232.78$23.90$2.04
Bohemia915197,374$205.84$12.10$2.96
Brentwood46223,298$143.51$12.72$2.02
Central Islip34203,838$175.55$13.38$3.59
Copiague610143,334$205.41$15.50$3.41
Deer Park1024559,331$198.20$13.88$2.82
East Setauket43116,000$200.14$12.00$4.50
Farmingdale1518662,978$192.86$13.43$2.92
Hauppauge1225765,798$215.60$13.06$2.53
Holtsville31145,655$191.55$13.50$2.78
Huntington Station133195,082$211.29$12.75$4.43
Melville3192,223,363$173.32$15.49$1.91
Patchogue86115,100$137.44$10.79$2.64
Riverhead76142,842$132.90$16.28$3.37
Ronkonkoma1111200,189$168.75$13.14$2.82
Saint James3544,016$167.49$13.38$1.98
Smithtown3461,558$185.47$28.29$2.76
West Babylon811146,158$161.74$12.73$3.16
Wyandanch3115,300$288.58$6.20

# 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.