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Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2015 |
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Presented by Schacker Realty 631-293-3700 |
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Apr 2014 | Mar 2015 | Apr 2015 | Annual Change | Monthly Change |
| 4k-20k | $119.04 | $126.72 | $128.10 | 7.6% | 1.1% |
| 20k-50k | $89.28 | $91.37 | $93.00 | 4.2% | 1.8% |
| 50k-600k | $89.83 | $78.88 | $81.80 | -8.9% | 3.7% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Apr 2014 | Mar 2015 | Apr 2015 | Annual Change | Monthly Change |
| 4k-20k | $10.75 | $11.25 | $11.40 | 6.1% | 1.4% |
| 20k-50k | $9.94 | $9.90 | $10.06 | 1.1% | 1.6% |
| 50k-600k | $9.15 | $10.90 | $10.92 | 19.4% | 0.2% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Apr 2014 | Mar 2015 | Apr 2015 | Annual Change | Monthly Change |
| 4k-20k | 298 | 255 | 251 | -15.8% | -1.6% |
| 20k-50k | 101 | 94 | 95 | -5.9% | 1.1% |
| 50k-600k | 46 | 37 | 39 | -15.2% | 5.4% |
| Total | 445 | 386 | 385 | -13.5% | -0.3% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Apr 2014 | Mar 2015 | Apr 2015 | Annual Change | Monthly Change |
| 4k-20k | 480 | 363 | 347 | -27.7% | -4.4% |
| 20k-50k | 145 | 118 | 124 | -14.5% | 5.1% |
| 50k-600k | 65 | 46 | 45 | -30.8% | -2.2% |
| Total | 690 | 527 | 516 | -25.2% | -2.1% |
| Listings For Sale | Listings For Lease or Sublease | Total Available Industrial Space | Avg. Listing Sale Price | Avg. Listing Lease Price | Average Listing RE Taxes | |
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| Nassau Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| New Hyde Park | 9 | 9 | 237,595 Sq. Ft. | $184.00 | $13.14 | $5.23 |
| Garden City Park | 4 | 2 | 103,501 Sq. Ft. | $140.10 | $13.47 | $5.32 |
| Hempstead | 8 | 6 | 104,116 Sq. Ft. | $96.93 | $12.44 | $4.10 |
| Freeport | 18 | 15 | 331,910 Sq. Ft. | $87.79 | $11.23 | $4.78 |
| Westbury | 8 | 18 | 418,128 Sq. Ft. | $104.63 | $10.04 | $4.35 |
| Oceanside | 18 | 29 | 586,377 Sq. Ft. | $99.47 | $10.18 | $3.40 |
| Hicksville | 13 | 29 | 828,302 Sq. Ft. | $127.90 | $10.27 | $5.11 |
| Bethpage | 2 | 7 | 433,778 Sq. Ft. | $92.00 | $10.22 | $3.29 |
| Syosset | 4 | 20 | 618,462 Sq. Ft. | $113.45 | $11.38 | $3.62 |
| Plainview | 5 | 19 | 399,569 Sq. Ft. | $125.90 | $12.18 | $5.15 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 2 | 6 | 323,800 Sq. Ft. | $124.30 | $13.75 | $1.86 |
| Farmingdale | 28 | 38 | 865,804 Sq. Ft. | $111.26 | $11.20 | $3.03 |
| West Babylon | 14 | 13 | 310,578 Sq. Ft. | $110.75 | $9.04 | $2.88 |
| Deer Park | 15 | 14 | 401,925 Sq. Ft. | $91.92 | $8.51 | $2.73 |
| Hauppauge | 27 | 44 | 1,708,936 Sq. Ft. | $119.48 | $8.98 | $2.52 |
| Edgewood | 1 | 4 | 318,600 Sq. Ft. | $115.00 | – | $2.67 |
| Bay Shore | 17 | 16 | 939,352 Sq. Ft. | $84.59 | $7.65 | $2.46 |
| Islandia | 9 | 5 | 323,073 Sq. Ft. | $106.31 | $9.40 | $2.44 |
| Bohemia | 12 | 16 | 276,676 Sq. Ft. | $119.05 | $8.91 | $2.23 |
| Ronkonkoma | 18 | 34 | 952,907 Sq. Ft. | $95.92 | $9.68 | $2.44 |
| Holbrook | 6 | 13 | 329,694 Sq. Ft. | $87.65 | $9.31 | $1.72 |
| Calverton | 4 | 3 | 343,821 Sq. Ft. | $106.42 | $4.28 | $1.00 |
| Yaphank | 4 | 6 | 189,701 Sq. Ft. | $101.67 | $7.16 | $2.74 |
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# 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.