LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKETING TRENDS FOR MAY 2021

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


Average Listing Price/Sq. Ft.
Sq. Ft.May 2017May 2019May 20214-yr Change2-yr Change
4k-10k191.95209.75228.3419.0%8.9%
10k-30k145.82170.13178.5222.4%4.9%
30k-70k112.50131.80145.8129.6%10.6%
70k-999k125.12150.38162.2229.7%7.9%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.May 2017May 2019May 20214-yr Change2-yr Change
4k-10k13.9315.0016.2416.6%8.3%
10k-30k12.8413.9114.6113.8%5.0%
30k-70k10.8314.0815.0138.6%6.6%
70k-999k12.1914.2314.6320.0%2.8%

Number of Listings for Sale
Sq. Ft.May 2017May 2019May 20214-yr Change2-yr Change
4k-10k124134106-14.5%-20.9%
10k-30k132126100-24.2%-20.6%
30k-70k4850504.2%0.0%
70k-999k232218-21.7%-18.2%
Totals327332274-16.2%-17.5%

Number of Listings for Lease or Sublease
Sq. Ft.May 2017May 2019May 20214-yr Change2-yr Change
4k-10k191186159-16.8%-14.5%
10k-30k163141125-23.3%-11.3%
30k-70k46445723.9%29.5%
70k-999k26274053.8%48.1%
Totals426398381-10.6%-4.3%

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.)
Baldwin4330,266$179.52$17.50$5.90
East Meadow314,300$163.33$6.58
Floral Park5148,425$272.67$13.50$4.33
Freeport1715643,720$187.93$15.39$4.27
Glen Cove56904,874$133.51$15.42$2.12
Hempstead51101,643$195.12$16.00$3.54
Hicksville333294,606$246.14$16.49$3.46
Lynbrook67101,231$275.76$16.25$5.27
Massapequa3124,565$166.50$18.52$8.07
Mineola312261,305$209.85$19.55$3.87
New Hyde Park610152,818$286.41$17.44$5.26
Oceanside1013214,932$364.26$14.68$9.63
Plainview614344,803$210.11$16.81$5.12
Port Washington89480,316$204.90$16.90$5.71
Roosevelt3227,838$139.12$17.00$2.31
Syosset417387,198$271.26$18.60$4.56
Valley Stream5242,824$203.16$21.90$6.77
Westbury713500,519$267.08$16.25$5.78

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 Shore1511864,767$197.45$12.88$3.48
Bellport3252,203$232.78$17.92$2.04
Bohemia816378,972$177.41$12.68$2.64
Brentwood43214,338$143.51$12.63$2.02
Central Islip32173,700$106.21$14.00$3.56
Copiague76139,160$223.88$15.25$3.85
Deer Park1217390,453$194.09$13.97$3.06
East Setauket53121,600$178.07$12.00$4.50
Farmingdale1725773,563$209.29$13.97$2.72
Hauppauge1116781,817$218.56$13.88$2.64
Holbrook59435,965$141.10$13.12$0.85
Huntington Station112154,143$162.82$3.38
Islip530,510$327.30$6.37
Lindenhurst3883,034$354.38$19.16$2.80
Patchogue76144,850$142.26$11.49$2.67
Port Jefferson Station3752,900$334.09$13.25$2.42
Riverhead65144,687$163.81$16.81$3.26
Ronkonkoma117176,750$147.50$13.49$2.57
Saint James4452,680$217.89$11.75$4.26
Smithtown3461,558$185.47$28.29$2.76
West Babylon1111164,520$223.63$12.91$3.68

# 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.