LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR MAY 2022

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


Average Listing Price/Sq. Ft.
Sq. Ft.May 2018May 2020May 20224-yr Change2-yr Change
4k-10k211.58219.12273.1229.1%24.6%
10k-30k165.10177.20220.2733.4%24.3%
30k-70k127.25140.09184.0844.7%31.4%
70k-999k111.55141.87230.24106.4%62.3%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.May 2018May 2020May 20224-yr Change2-yr Change
4k-10k14.3715.1217.4421.4%15.3%
10k-30k13.6213.5817.1225.7%26.1%
30k-70k13.1313.3517.2931.7%29.5%
70k-999k11.1113.6123.11108.0%69.8%

Number of Listings for Sale
Sq. Ft.May 2018May 2020May 20224-yr Change2-yr Change
4k-10k12511890-28.0%-23.7%
10k-30k11311183-26.5%-25.2%
30k-70k524532-38.5%-28.9%
70k-999k162010-37.5%-50.0%
Totals306294215-29.7%-26.9%

Number of Listings for Lease or Sublease
Sq. Ft.May 2018May 2020May 20224-yr Change2-yr Change
4k-10k146212109-25.3%-48.6%
10k-30k14814789-39.9%-39.5%
30k-70k3641398.3%-4.9%
70k-999k183254200.0%68.8%
Totals348432291-16.4%-32.6%

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.)
East Meadow314,300$163.33$6.58
East Rockaway44106,313$268.97$16.00$4.03
Floral Park3110,080$303.46$19.00$5.52
Freeport108195,872$232.36$17.81$5.12
Hempstead82116,157$224.57$13.48$4.56
Lynbrook5266,187$184.61$16.12$4.96
Mineola510273,951$372.77$22.19$4.53
New Hyde Park49196,940$383.32$19.50$6.21
Oceanside78123,838$238.73$14.96$9.12
Plainview712339,125$247.78$19.20$4.82
Port Washington4363,587$188.48$17.30$5.30
Syosset312288,429$248.54$20.85$5.17
Westbury1412550,989$294.42$18.81$4.53

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.)
Amityville86131,134$315.51$14.44$2.42
Bay Shore5101,058,204$405.81$16.58$3.99
Bohemia714346,798$212.37$13.43$2.83
Central Islip33477,684$209.06$15.07$5.35
Copiague96141,031$191.78$14.92$2.95
Deer Park612224,341$194.65$15.78$2.09
Farmingdale1024736,591$270.36$25.25$9.30
Hauppauge8181,164,460$255.10$16.18$2.34
Holbrook59688,757$184.69$14.28$2.12
Huntington Station65150,314$210.50$15.00$3.37
Islandia3118,777$194.62$14.50$2.67
Islip313,085$366.77$7.89
Lindenhurst4140,193$207.30$16.82$2.63
Medford491,327,406$200.44$20.68$1.77
Patchogue53112,600$158.24$11.00$2.41
Port Jefferson Station3122,250$286.42$17.00$2.42
Riverhead46137,839$224.14$15.76$4.88
Ronkonkoma77406,871$195.95$15.84$2.51
Smithtown3259,258$277.74$17.90$3.90
West Babylon56126,271$292.89$14.50$3.58
Wyandanch326,100$258.46$5.06

# 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.