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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Jul 2015Jul 2017Jul 20194-yr Change2-yr Change
4k-10k157.60201.32212.2134.7%5.4%
10k-30k118.67146.35172.9045.7%18.1%
30k-70k94.11111.85135.2143.7%20.9%
70k-999k105.50120.89139.8432.5%15.7%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Jul 2015Jul 2017Jul 20194-yr Change2-yr Change
4k-10k12.0414.0815.0625.1%7.0%
10k-30k11.2612.9213.8022.6%6.8%
30k-70k9.7610.7314.3647.1%33.8%
70k-999k10.9711.8614.5332.5%22.5%

Number of Listings for Sale
Sq. Ft.Jul 2015Jul 2017Jul 20194-yr Change2-yr Change
4k-10k152132128-15.8%-3.0%
10k-30k152137122-19.7%-10.9%
30k-70k734850-31.5%4.2%
70k-999k231920-13.0%5.3%
Totals400336320-20.0%-4.8%

Number of Listings for Lease or Sublease
Sq. Ft.Jul 2015Jul 2017Jul 20194-yr Change2-yr Change
4k-10k224186191-14.7%2.7%
10k-30k194160138-28.9%-13.8%
30k-70k794743-45.6%-8.5%
70k-999k21263461.9%30.8%
Totals518419406-21.6%-3.1%

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.)
Baldwin5234,980$149.74$17.00$5.50
Bellmore4361,080$191.59$20.00$4.49
East Meadow5232,985$180.31$12.00$6.58
Elmont3120,294$305.78$14.00$4.98
Floral Park5328,305$375.41$36.23$4.84
Freeport1820551,515$180.32$15.28$4.72
Glen Cove43882,064$129.24$15.07$2.99
Hempstead6274,073$199.46$17.36$4.91
Hicksville1028581,676$471.83$16.23$8.72
Inwood67120,500$172.40$15.74$3.16
Lynbrook5166,176$288.56$4.03
Massapequa4230,420$193.74$17.68$7.74
Mineola514365,090$177.76$17.43$3.26
New Hyde Park87117,891$323.92$17.61$4.92
Oceanside1215247,284$285.89$13.58$6.76
Plainview418299,516$218.56$15.88$6.24
Port Washington824811,246$213.80$17.41$4.82
Valley Stream81113,669$220.05$12.00$6.29
Westbury67247,070$260.85$14.81$4.91

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.)
Amityville44168,788$199.54$10.00$3.98
Bay Shore1215541,515$197.72$14.61$4.48
Bellport42100,983$117.14$9.95$1.88
Bohemia721240,378$170.22$11.53$2.36
Calverton36155,600$168.08$6.88$1.70
Central Islip38193,673$282.95$10.57$51.95
Commack39285,482$173.86$12.00$2.11
Copiague117126,944$187.11$14.77$3.81
Deer Park1023614,386$197.74$12.25$2.25
East Setauket52137,925$142.51$14.00$4.03
Farmingdale1127492,434$191.81$14.35$2.59
Hauppauge15271,074,810$193.82$12.40$2.57
Holbrook510273,314$174.20$11.74$2.07
Huntington42146,178$220.69$3.36
Huntington Station6338,910$304.80$15.79$2.96
Islandia98247,902$139.04$10.87$3.36
Lindenhurst4787,804$119.30$12.21$2.57
Medford46112,285$172.20$14.72$2.13
Melville3131,425,271$187.92$14.94$2.10
Patchogue95102,750$147.96$13.32$2.57
Port Jefferson Station3445,130$275.81$12.99$2.43
Riverhead93226,035$163.00$11.50$2.51
Ronkonkoma1717719,414$180.30$12.41$3.36
Smithtown3150,958$311.09$14.00$2.64
Southampton4572,345$334.40$26.14$1.54
West Babylon1411248,212$163.53$12.30$3.19
Yaphank1011233,458$128.60$12.43$2.25

# 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.