Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Apr 2016 Apr 2017 Apr 2018 2-year Change 1-year Change
4k-10k $159.71 $179.89 $201.59 26.2% 12.1%
11k-30k $128.64 $167.47 $196.69 52.9% 17.4%
31k-70k $99.48 $133.66 $137.72 38.4% 3.0%
71k-600k $117.99 $133.09 $123.40 4.6% -7.3%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Apr 2016 Apr 2017 Apr 2018 2-year Change 1-year Change
4k-10k $12.10 $14.18 $14.61 20.7% 3.1%
11k-30k $11.96 $12.58 $14.13 18.1% 12.3%
31k-70k $11.66 $12.69 $14.59 25.1% 15.0%
71k-600k $9.31 $13.20 $11.58 24.4% -12.3%
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Number of Listings for Sale
Sq. Ft. Apr 2016 Apr 2017 Apr 2018 2-year Change 1-year Change
4k-10k 156 152 152 -2.6% 0.0%
11k-30k 138 135 124 -10.1% -8.1%
31k-70k 44 44 51 15.9% 15.9%
71k-600k 24 23 17 -29.2% -26.1%
Total 362 354 344 -5.0% -2.8%
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Number of Listings for Lease or Sublease
Sq. Ft. Apr 2016 Apr 2017 Apr 2018 2-year Change 1-year Change
4k-10k 223 219 173 -22.4% -21.0%
11k-30k 145 171 169 16.6% -1.2%
31k-70k 57 60 52 -8.8% -13.3%
71k-600k 24 33 27 12.5% -18.2%
Total 449 483 421 -6.2% -12.8%

 

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
Bethpage 2 10  360,110 Sq. Ft. $515.22 $15.89 $6.31
Carle Place 2 0  31,000 Sq. Ft. $156.29 $6.44
Floral Park 4 1  17,565 Sq. Ft. $228.58 $5.95
Freeport 10 10  381,016 Sq. Ft. $130.01 $11.91 $3.39
Garden City 1 1  46,905 Sq. Ft. $175.97 $5.00
Garden City Park 1 2  65,080 Sq. Ft. $132.87 $15.00 $4.36
Hempstead 9 5  143,225 Sq. Ft. $183.99 $15.39 $4.01
Hicksville 4 13  283,485 Sq. Ft. $197.49 $13.67 $4.21
Inwood 4 8  112,688 Sq. Ft. $120.81 $15.44 $2.81
Mineola 5 6  334,069 Sq. Ft. $115.13 $15.40 $4.64
New Hyde Park 16 9  313,822 Sq. Ft. $260.26 $14.17 $4.56
Oceanside 12 16  270,948 Sq. Ft. $165.99 $13.91 $4.68
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 5 13  205,713 Sq. Ft. $226.85 $16.65 $6.31
Port Washington 3 3  351,589 Sq. Ft. $133.92 $14.59 $5.17
Rockville Centre 4 1  34,097 Sq. Ft. $206.97 $14.00 $4.48
Syosset 3 14  444,476 Sq. Ft. $175.58 $13.32 $2.95
Valley Stream 8 3  116,048 Sq. Ft. $207.43 $14.86 $6.97
West Hempstead 1 1  20,000 Sq. Ft. $212.50 $14.00 $4.90
Westbury 10 9  248,308 Sq. Ft. $157.31 $14.25 $4.27
Woodbury 0 1  7,480 Sq. Ft. $14.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 5 7  181,888 Sq. Ft. $123.87 $10.80 $3.16
Bay Shore 8 10  175,947 Sq. Ft. $128.30 $12.40 $3.61
Bellport 6 1  149,133 Sq. Ft. $127.74 $13.00 $2.21
Bohemia 6 22  382,425 Sq. Ft. $156.54 $11.34 $2.57
Calverton 2 3  91,928 Sq. Ft. $282.97 $7.01 $1.97
Central Islip 3 1  83,600 Sq. Ft. $73.11 $8.00 $3.80
Commack 3 6  240,913 Sq. Ft. $10.47 $2.24
Copiague 14 11  204,043 Sq. Ft. $144.34 $13.17 $3.17
Deer Park 9 16  225,728 Sq. Ft. $132.54 $11.84 $2.56
East Setauket 6 2  192,525 Sq. Ft. $136.00 $16.00 $3.20
Edgewood 1 7  382,925 Sq. Ft. $151.00 $12.50 $3.53
Farmingdale 18 37  718,244 Sq. Ft. $176.20 $14.81 $3.60
Hauppauge 14 21  988,106 Sq. Ft. $137.96 $10.79 $2.65
Holbrook 3 7  103,440 Sq. Ft. $85.70 $11.68 $1.88
Holtsville 0 2  67,916 Sq. Ft. $10.50
Huntington Station 8 5  92,235 Sq. Ft. $142.93 $10.56 $2.72
Islandia 7 4  141,950 Sq. Ft. $129.20 $11.22 $3.39
Islip 2 0  21,917 Sq. Ft. $104.49 $3.37
Lindenhurst 4 4  118,248 Sq. Ft. $119.90 $9.69 $2.79
Medford 7 6  134,943 Sq. Ft. $196.93 $12.87 $2.43
Melville 3 8  917,145 Sq. Ft. $13.62 $2.02
Patchogue 8 5  148,659 Sq. Ft. $139.60 $8.02 $2.99
Riverhead 9 4  149,645 Sq. Ft. $103.57 $12.12 $2.40
Ronkonkoma 21 21  518,727 Sq. Ft. $134.89 $11.35 $2.36
West Babylon 12 9  229,451 Sq. Ft. $147.66 $12.65 $3.48
Wyandanch 0 4  196,980 Sq. Ft. $8.50
Yaphank 12 11  725,702 Sq. Ft. $112.62 $9.90 $1.80
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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.