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

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


Average Listing Price/Sq. Ft.
Sq. Ft.May 2016May 2018May 20204-yr Change2-yr Change
4k-10k163.68211.58219.1233.9%3.6%
10k-30k133.50165.10177.2032.7%7.3%
30k-70k96.48127.25140.0945.2%10.1%
70k-999k111.64111.55141.8727.1%27.2%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.May 2016May 2018May 20204-yr Change2-yr Change
4k-10k11.9914.3715.1226.1%5.2%
10k-30k11.9413.6213.5813.7%-0.3%
30k-70k11.6213.1313.3514.9%1.7%
70k-999k9.5811.1113.6142.1%22.5%

Number of Listings for Sale
Sq. Ft.May 2016May 2018May 20204-yr Change2-yr Change
4k-10k140125118-15.7%-5.6%
10k-30k135113111-17.8%-1.8%
30k-70k545245-16.7%-13.5%
70k-999k211620-4.8%25.0%
Totals350306294-16.0%-3.9%

Number of Listings for Lease or Sublease
Sq. Ft.May 2016May 2018May 20204-yr Change2-yr Change
4k-10k219146212-3.2%45.2%
10k-30k148148147-0.7%-0.7%
30k-70k503641-18.0%13.9%
70k-999k22183245.5%77.8%
Totals439348432-1.6%24.1%

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
Bellmore3345,388$220.34$20.67$2.43
East Meadow314,300$163.33$6.58
East Rockaway3585,436$211.41$17.28$4.18
Floral Park419,701$297.03$4.88
Freeport1812403,329$178.63$15.05$4.09
Glen Cove43886,714$125.92$18.33$2.03
Hempstead7177,097$177.21$12.50$3.78
Hicksville524367,480$461.27$15.21$9.07
Inwood45179,524$222.60$16.62$2.53
Island Park3236,690$119.36$2.89
Lynbrook6477,020$294.31$18.98$4.82
Massapequa4232,465$157.82$17.77$7.31
Mineola416395,133$169.66$19.10$3.78
New Hyde Park711121,081$328.82$17.20$5.40
Oceanside1022276,136$320.01$14.73$8.00
Plainview625524,147$205.68$15.73$4.96
Port Washington1016680,710$185.90$16.16$4.71
Rockville Centre3233,122$193.10$14.48$4.34
Syosset413524,072$316.71$17.99$4.57
Valley Stream7333,924$207.90$14.25$6.52
Westbury1112364,668$264.58$14.46$5.52

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 Shore1414739,917$211.01$13.46$3.42
Bohemia824272,634$178.24$11.33$3.10
Brentwood42147,218$146.67$2.99
Calverton36189,682$168.96$7.00$1.72
Central Islip57387,763$229.03$11.12$6.47
Commack37189,814$167.18$13.11$2.50
Copiague89105,404$161.42$16.62$4.45
Deer Park930381,115$208.83$13.30$2.92
East Setauket63146,825$183.70$13.00$3.74
Farmingdale1728841,200$181.78$13.25$2.73
Hauppauge15331,150,043$202.61$12.99$2.50
Huntington Station103115,743$259.04$14.94$3.91
Islandia311118,622$189.49$12.50$3.37
Patchogue910138,777$157.56$11.74$2.88
Port Jefferson Station3444,900$275.81$13.67$2.43
Riverhead77178,155$163.99$13.69$2.82
Ronkonkoma1732541,315$192.34$11.75$2.84
Saint James3445,350$222.22$11.75$2.64
Smithtown4257,558$260.83$21.14$3.25
West Babylon74102,427$166.29$12.00$3.92
Yaphank107218,268$138.67$11.94$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.