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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Nov 2017Nov 2019Nov 20214-yr Change2-yr Change
4k-10k210.12223.62248.1718.1%11.0%
10k-30k149.80169.43205.2737.0%21.2%
30k-70k118.60139.44163.0537.5%16.9%
70k-999k113.73136.78186.6664.1%36.5%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Nov 2017Nov 2019Nov 20214-yr Change2-yr Change
4k-10k13.9014.6416.4218.1%12.2%
10k-30k12.8713.6314.9716.3%9.8%
30k-70k11.2614.0715.4136.9%9.5%
70k-999k10.5914.3715.6447.7%8.8%

Number of Listings for Sale
Sq. Ft.Nov 2017Nov 2019Nov 20214-yr Change2-yr Change
4k-10k14211892-35.2%-22.0%
10k-30k14011689-36.4%-23.3%
30k-70k574539-31.6%-13.3%
70k-999k181716-11.1%-5.9%
Totals357296236-33.9%-20.3%

Number of Listings for Lease or Sublease
Sq. Ft.Nov 2017Nov 2019Nov 20214-yr Change2-yr Change
4k-10k187204122-34.8%-40.2%
10k-30k17412787-50.0%-31.5%
30k-70k4447440.0%-6.4%
70k-999k183043138.9%43.3%
Totals423408296-30.0%-27.5%

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.)
Baldwin3221,216$183.09$20.00$7.29
East Meadow314,300$163.33$6.58
Floral Park421,100$315.28$5.28
Freeport1110468,585$210.24$15.58$5.00
Glen Cove44891,060$188.16$16.00$1.56
Hempstead65169,162$212.35$13.55$4.21
Lynbrook5445,892$311.53$18.25$5.21
Mineola411262,139$393.20$20.15$4.34
New Hyde Park3481,482$264.35$17.67$5.06
Oceanside1011214,203$264.68$21.21$9.68
Port Washington77184,300$208.92$18.99$6.06
Valley Stream33173,628$206.84$22.20$9.28
Westbury116459,386$282.09$17.86$4.79

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.)
Amityville3465,049$446.11$17.97$4.10
Bay Shore611910,983$323.39$13.19$3.62
Bayport32131,570$183.23$13.92$4.72
Bohemia1329518,376$184.96$13.26$2.72
Brentwood33175,629$265.00$12.63$2.13
Central Islip42298,891$153.47$16.50$4.36
Copiague126215,422$208.41$14.96$3.38
Deer Park89211,632$177.40$14.12$2.36
East Setauket42118,200$130.94$12.00$5.25
Farmingdale1721908,515$221.86$15.21$2.81
Hauppauge1115859,731$261.63$14.70$2.77
Holbrook610689,365$195.68$14.25$1.78
Huntington Station65111,346$206.66$15.00$3.78
Islandia3465,236$194.62$12.50$2.88
Islip4146,238$339.94$15.00$6.84
Medford3101,002,261$197.12$17.53$1.82
Patchogue75146,200$148.72$11.24$2.66
Port Jefferson Station3227,250$283.24$16.50$2.42
Riverhead46137,239$138.96$15.80$4.37
Ronkonkoma69184,850$166.17$13.65$2.57
Smithtown3674,622$210.20$18.90$2.15
West Babylon911179,120$245.30$13.38$3.48
Wyandanch3339,300$249.02$14.50$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.