Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Apr 2015 Apr 2016 Apr 2017 2-year Change 1-year Change
4k-10k $149.37 $159.71 $179.89 20.4% 12.6%
11k-30k $114.00 $128.64 $167.47 46.9% 30.2%
31k-70k $92.44 $99.48 $133.66 44.6% 34.4%
71k-600k $98.30 $117.99 $133.09 35.4% 12.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Apr 2015 Apr 2016 Apr 2017 2-year Change 1-year Change
4k-10k $11.71 $12.10 $14.18 21.0% 17.1%
11k-30k $10.97 $11.96 $12.58 14.7% 5.2%
31k-70k $9.84 $11.66 $12.69 29.0% 8.8%
71k-600k $11.37 $9.31 $13.20 16.0% 41.8%
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Number of Listings for Sale
Sq. Ft. Apr 2015 Apr 2016 Apr 2017 2-year Change 1-year Change
4k-10k 155 156 152 -1.9% -2.6%
11k-30k 147 138 135 -8.2% -2.2%
31k-70k 59 44 44 -25.4% 0.0%
71k-600k 24 24 23 -4.2% -4.2%
Total 385 362 354 -8.1% -2.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Apr 2015 Apr 2016 Apr 2017 2-year Change 1-year Change
4k-10k 231 223 219 -5.2% -1.8%
11k-30k 185 145 171 -7.6% 17.9%
31k-70k 81 57 60 -25.9% 5.3%
71k-600k 19 24 33 73.7% 37.5%
Total 516 449 483 -6.4% 7.6%

 

 

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 16 6  285,921 Sq. Ft. $209.17 $12.90 $5.24
Garden City Park 2 0  87,720 Sq. Ft. $141.14 $3.93
Hempstead 11 1  167,051 Sq. Ft. $162.50 $12.50 $4.11
Freeport 17 16  376,392 Sq. Ft. $103.29 $11.89 $4.24
Westbury 12 14  369,688 Sq. Ft. $159.73 $12.37 $4.01
Oceanside 11 23  288,373 Sq. Ft. $144.35 $14.17 $4.35
Hicksville 7 19  416,574 Sq. Ft. $156.67 $13.16 $4.04
Bethpage 2 9  403,846 Sq. Ft. $455.90 $16.59 $7.67
Syosset 4 13  331,387 Sq. Ft. $174.14 $13.90 $3.07
Plainview 7 21  438,593 Sq. Ft. $166.54 $14.40 $4.81
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 2 10  531,773 Sq. Ft. $145.46 $12.06 $2.02
Farmingdale 17 49  963,623 Sq. Ft. $161.42 $12.64 $3.35
West Babylon 11 10  169,625 Sq. Ft. $115.67 $9.07 $3.92
Deer Park 9 15  182,277 Sq. Ft. $159.90 $10.67 $3.39
Hauppauge 24 28  1,356,973 Sq. Ft. $130.02 $9.90 $2.43
Edgewood 0 11  475,990 Sq. Ft. $12.50
Bay Shore 12 11  417,903 Sq. Ft. $108.94 $9.34 $3.30
Islandia 5 8  112,800 Sq. Ft. $144.51 $9.76 $3.90
Bohemia 11 23  445,220 Sq. Ft. $132.78 $10.01 $2.92
Ronkonkoma 12 14  382,932 Sq. Ft. $120.58 $9.22 $2.54
Holbrook 6 14  274,307 Sq. Ft. $89.31 $8.30 $1.71
Calverton 1 3  96,945 Sq. Ft. $155.68 $8.88 $1.89
Yaphank 15 10  769,411 Sq. Ft. $104.12 $7.31 $2.15
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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.