Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Aug 2015 Aug 2016 Aug 2017 2-year Change 1-year Change
4k-10k $150.64 $165.18 $197.64 31.2% 19.7%
11k-30k $117.72 $130.38 $169.83 44.3% 30.3%
31k-70k $98.03 $99.34 $140.89 43.7% 41.8%
71k-600k $118.95 $120.97 $129.82 9.1% 7.3%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Aug 2015 Aug 2016 Aug 2017 2-year Change 1-year Change
4k-10k $11.91 $12.53 $14.48 21.5% 15.6%
11k-30k $11.29 $12.24 $12.96 14.7% 5.9%
31k-70k $10.25 $10.84 $12.33 20.3% 13.8%
71k-600k $11.89 $9.84 $11.98 0.8% 21.7%
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Number of Listings for Sale
Sq. Ft. Aug 2015 Aug 2016 Aug 2017 2-year Change 1-year Change
4k-10k 184 144 172 -6.5% 19.4%
11k-30k 148 128 143 -3.4% 11.7%
31k-70k 53 36 43 -18.9% 19.4%
71k-600k 24 28 20 -16.7% -28.6%
Total 409 336 378 -7.6% 12.5%
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Number of Listings for Lease or Sublease
Sq. Ft. Aug 2015 Aug 2016 Aug 2017 2-year Change 1-year Change
4k-10k 241 196 220 -8.7% 12.2%
11k-30k 178 138 185 3.9% 34.1%
31k-70k 72 50 56 -22.2% 12.0%
71k-600k 20 29 33 65.0% 13.8%
Total 511 413 494 -3.3% 19.6%

 

 

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 13 4  274,507 Sq. Ft. $207.82 $12.50 $4.74
Garden City Park 2 0  25,240 Sq. Ft. $166.20 $7.50
Hempstead 11 0  175,581 Sq. Ft. $160.61 $4.14
Freeport 16 11  349,768 Sq. Ft. $108.84 $12.43 $4.22
Westbury 11 18  409,659 Sq. Ft. $145.89 $12.79 $4.11
Oceanside 12 19  262,134 Sq. Ft. $162.48 $13.12 $4.59
Hicksville 5 17  281,032 Sq. Ft. $193.03 $12.80 $4.11
Bethpage 1 8  316,297 Sq. Ft. $455.90 $17.51 $6.56
Syosset 2 13  346,573 Sq. Ft. $124.84 $13.92 $2.70
Plainview 6 21  451,224 Sq. Ft. $164.57 $14.36 $5.37
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 0 11  401,853 Sq. Ft. $13.11 $2.17
Farmingdale 22 39  907,040 Sq. Ft. $154.59 $12.95 $3.78
West Babylon 13 12  232,325 Sq. Ft. $131.64 $10.18 $4.12
Deer Park 8 19  311,413 Sq. Ft. $157.44 $10.40 $2.50
Hauppauge 23 30  1,343,688 Sq. Ft. $133.68 $9.97 $2.40
Edgewood 0 7  386,025 Sq. Ft. $12.00 $1.47
Bay Shore 13 16  424,412 Sq. Ft. $110.90 $10.50 $3.46
Islandia 8 7  151,950 Sq. Ft. $146.99 $10.35 $3.36
Bohemia 11 21  446,194 Sq. Ft. $127.66 $9.92 $3.14
Ronkonkoma 14 19  459,861 Sq. Ft. $134.41 $9.96 $2.32
Holbrook 7 17  669,777 Sq. Ft. $92.10 $8.57 $1.71
Calverton 1 3  92,250 Sq. Ft. $9.49 $1.82
Yaphank 16 9  784,423 Sq. Ft. $116.36 $9.69 $1.86
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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.