Long Island Industrial, Warehouse, and Manufacturing Property Market Trends # About Schacker Realty
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www.schackerrealty.comAverage Listing Sale Price/Sq. Ft. Sq. Ft. Sep 2020 Sep 2022 Sep 2024 4-yr Change 2-yr Change 4k-10k 205.04 238.61 273.13 33.2% 14.5% 10k-30k 174.47 218.79 249.10 42.8% 13.9% 30k-70k 152.37 195.51 238.08 56.3% 21.8% 70k-999k 160.72 206.94 208.20 29.5% 0.6% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Sep 2020 Sep 2022 Sep 2024 4-yr Change 2-yr Change 4k-10k 15.70 17.35 18.87 20.2% 8.8% 10k-30k 13.72 18.13 18.68 36.2% 3.0% 30k-70k 14.43 15.87 18.77 30.1% 18.3% 70k-999k 14.47 18.22 19.82 37.0% 8.8% Number of Listings for Sale Sq. Ft. Sep 2020 Sep 2022 Sep 2024 4-yr Change 2-yr Change 4k-10k 101 65 54 -46.5% -16.9% 10k-30k 80 68 67 -16.3% -1.5% 30k-70k 36 18 19 -47.2% 5.6% 70k-999k 15 5 12 -20.0% 140.0% Totals 232 156 152 -34.5% -2.6% Number of Listings for Lease or Sublease Sq. Ft. Sep 2020 Sep 2022 Sep 2024 4-yr Change 2-yr Change 4k-10k 204 110 181 -11.3% 64.5% 10k-30k 138 97 136 -1.4% 40.2% 30k-70k 53 42 73 37.7% 73.8% 70k-999k 36 60 69 91.7% 15.0% Totals 431 309 459 6.5% 48.5%
Nassau Warehouse, Manufacturing, Lab, and Storage SpacesCity Listings for Sale Listings for Lease or Sublease Total Available Industrial Space (Sq. Ft.) Avg. Listing Sale Price (/Sq. Ft.) Avg. Listing Lease Price (/Sq. Ft.) Avg. Listing RE Taxes (/Sq. Ft.) East Rockaway 3 4 91,340 $263.18 $20.00 $3.50 Freeport 6 8 165,693 $261.83 $26.24 $3.12 Garden City 1 8 310,431 $294.54 $25.98 $4.07 Garden City Park 1 3 71,498 $350.00 $17.50 $6.34 Glen Cove 4 8 124,540 $197.59 $19.67 $2.61 Glenwood Landing 1 3 49,100 $207.55 $16.82 $3.60 Hempstead 1 4 55,989 $215.08 $19.62 $10.72 Hicksville 2 19 526,522 $301.05 $19.80 $5.12 Inwood 1 8 326,400 $200.00 $25.07 $3.51 Island Park 3 2 93,348 $251.41 $24.47 $3.10 Lynbrook 2 2 31,200 $233.52 $20.50 $4.97 New Hyde Park 4 4 211,406 $273.16 $17.86 $3.69 Oceanside 2 16 158,536 $198.62 $20.47 $4.42 Plainview 1 15 221,075 $323.91 $20.27 $5.62 Port Washington 1 4 193,555 $266.37 $20.44 $4.18 Syosset 1 15 243,300 $319.35 $21.67 $4.42 Valley Stream 4 3 85,850 $272.82 $6.65 Westbury 4 10 459,883 $266.63 $19.81 $3.60 Bethpage 10 539,100 $20.89 Mineola 5 212,634 $24.18 $2.78 Rockville Centre 4 19,257 $14.85 Woodbury 3 178,967 $23.00 $6.73
Suffolk Warehouse, Manufacturing, Lab, and Storage SpacesCity Listings for Sale Listings for Lease or Sublease Total Available Industrial Space (Sq. Ft.) Avg. Listing Sale Price (/Sq. Ft.) Avg. Listing Lease Price (/Sq. Ft.) Avg. Listing RE Taxes (/Sq. Ft.) Amityville 8 13 700,177 $256.24 $15.22 $3.18 Bay Shore 6 17 1,226,372 $258.31 $14.70 $2.56 Bellport 2 2 57,103 $213.67 $2.10 Bohemia 5 21 417,118 $273.51 $16.52 $2.51 Brentwood 1 7 300,400 $250.00 $17.77 $2.14 Center Moriches 1 3 18,334 $191.30 $20.67 $2.10 Central Islip 3 3 229,293 $245.03 $15.86 $3.54 Commack 1 11 389,240 $304.47 $20.75 $2.55 Copiague 6 6 106,598 $238.45 $16.79 $2.62 Deer Park 5 20 556,802 $238.69 $18.07 $2.73 Edgewood 1 5 315,897 $250.00 $18.07 $2.51 Farmingdale 12 48 1,212,686 $269.76 $19.36 $2.98 Hauppauge 5 51 2,107,204 $239.51 $18.28 $2.57 Holbrook 3 19 457,574 $240.85 $15.92 $2.41 Holtsville 2 3 80,806 $260.00 $15.50 $4.37 Huntington Station 2 3 34,482 $233.38 $16.50 $2.66 Islandia 1 6 460,202 $237.50 $18.33 $4.25 Islip 2 1 18,393 $233.92 $18.00 $9.07 Lindenhurst 4 4 82,166 $254.96 $15.92 $2.44 Medford 4 9 442,180 $263.04 $19.65 $1.48 Melville 2 16 1,935,113 $183.48 $21.89 $2.42 Riverhead 2 4 57,405 $176.10 $17.21 $2.68 Rocky Point 1 2 26,200 $275.00 $12.21 $2.92 Ronkonkoma 7 16 540,193 $269.67 $15.67 $1.95 Smithtown 2 1 59,500 $234.08 $19.00 $1.76 West Babylon 11 24 255,558 $279.48 $21.71 $3.14 Calverton 6 309,943 $17.74 $1.96 Shirley 3 331,900 $20.00 Westhampton Beach 7 89,011 $27.67 Yaphank 14 1,631,095 $14.97 $2.22
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.
Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for September 2024