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

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


Average Listing Price/Sq. Ft.
Sq. Ft.Sep 2018Sep 2020Sep 20224-yr Change2-yr Change
4k-10k207.35229.83300.4844.9%30.7%
10k-30k162.80178.91240.0547.5%34.2%
30k-70k137.39142.03181.7632.3%28.0%
70k-999k108.84143.68206.9490.1%44.0%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Sep 2018Sep 2020Sep 20224-yr Change2-yr Change
4k-10k14.3715.7017.3520.7%10.5%
10k-30k14.0313.7218.1329.2%32.1%
30k-70k12.6414.4315.8725.6%10.0%
70k-999k12.4114.4718.2246.8%25.9%

Number of Listings for Sale
Sq. Ft.Sep 2018Sep 2020Sep 20224-yr Change2-yr Change
4k-10k11112196-13.5%-20.7%
10k-30k1049683-20.2%-13.5%
30k-70k584631-46.6%-32.6%
70k-999k14209-35.7%-55.0%
Totals287283219-23.7%-22.6%

Number of Listings for Lease or Sublease
Sq. Ft.Sep 2018Sep 2020Sep 20224-yr Change2-yr Change
4k-10k145204110-24.1%-46.1%
10k-30k13613897-28.7%-29.7%
30k-70k4153422.4%-20.8%
70k-999k173660252.9%66.7%
Totals339431309-8.8%-28.3%

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 Rockaway35106,313$251.80$16.00$3.69
Floral Park318,380$318.28$19.00$4.84
Freeport114170,045$266.40$15.91$5.25
Glen Cove46550,565$262.41$17.57$
Hempstead7167,956$218.28$17.95$4.33
Lynbrook5263,002$324.14$16.12$6.77
Mineola87288,783$358.39$19.08$4.18
New Hyde Park68186,640$341.04$19.40$5.13
Oceanside514141,788$298.42$16.43$10.64
Plainview510285,290$260.04$20.23$4.78
Port Washington44171,716$213.53$17.53$5.54
Syosset310290,710$240.60$21.15$4.28
Valley Stream4868,835$311.10$24.57$6.73
Westbury1311452,297$277.12$19.02$4.11

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.)
Amityville76180,365$372.03$15.00$2.64
Bay Shore612816,664$398.02$15.04$3.75
Bellport473,505$265.19$2.00
Bohemia717389,226$322.81$13.51$3.09
Central Islip32469,180$219.61$15.10$4.03
Copiague6351,480$201.03$16.17$2.39
Deer Park810237,171$308.29$15.58$2.61
East Northport314,211$492.37$4.37
Farmingdale1428822,965$247.74$18.50$3.14
Hauppauge417926,364$254.19$17.92$2.34
Holbrook312723,011$150.13$15.04$2.40
Huntington Station44117,424$213.54$14.33$3.23
Islandia33164,967$194.62$12.00$2.67
Islip313,085$366.77$7.89
Medford38821,554$241.44$20.91$0.86
Patchogue52108,800$158.24$12.25$2.38
Port Jefferson Station4230,171$353.68$17.00$2.88
Riverhead54126,639$224.14$15.24$3.32
Ronkonkoma99529,400$227.27$16.51$2.44
Smithtown3369,758$215.62$18.35$3.46
West Babylon109154,069$359.38$20.91$3.64

# 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.