Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Aug 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change
4k-10k $165.18 $197.64 $197.58 19.6% -0.0%
11k-30k $130.38 $169.83 $212.48 63.0% 25.1%
31k-70k $99.34 $140.89 $144.87 45.8% 2.8%
71k-600k $120.97 $129.82 $125.26 3.5% -3.5%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change
4k-10k $12.53 $14.48 $14.86 18.6% 2.7%
11k-30k $12.24 $12.96 $14.22 16.2% 9.8%
31k-70k $10.84 $12.33 $15.15 39.8% 22.9%
71k-600k $9.84 $11.98 $12.96 31.7% 8.2%
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Number of Listings for Sale
Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change
4k-10k 144 172 140 -2.8% -18.6%
11k-30k 128 143 121 -5.5% -15.4%
31k-70k 36 43 51 41.7% 18.6%
71k-600k 28 20 16 -42.9% -20.0%
Total 336 378 328 -2.4% -13.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Aug 2016 Aug 2017 Aug 2018 2-year Change 1-year Change
4k-10k 196 220 171 -12.8% -22.3%
11k-30k 138 185 159 15.2% -14.1%
31k-70k 50 56 58 16.0% 3.6%
71k-600k 29 33 26 -10.3% -21.2%
Total 413 494 414 0.2% -16.2%

 

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 3 11  346,401 Sq. Ft. $187.41 $16.06 $5.40
Carle Place 2 0  31,000 Sq. Ft. $167.74 $6.44
Floral Park 2 2  11,625 Sq. Ft. $345.66 $38.27 $2.66
Freeport 15 13  466,417 Sq. Ft. $135.96 $11.94 $3.68
Garden City 1 2  91,415 Sq. Ft. $226.89 $4.43
Garden City Park 0 2  32,000 Sq. Ft. $15.09 $4.31
Hempstead 7 4  111,685 Sq. Ft. $172.44 $14.51 $4.21
Hicksville 4 15  519,943 Sq. Ft. $205.71 $15.42 $4.14
Inwood 4 6  102,157 Sq. Ft. $158.01 $15.37 $2.82
Mineola 6 9  482,869 Sq. Ft. $115.13 $16.05 $4.61
New Hyde Park 9 6  180,230 Sq. Ft. $253.77 $21.78 $5.16
Oceanside 15 14  371,234 Sq. Ft. $141.37 $13.76 $4.18
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 4 16  247,302 Sq. Ft. $242.41 $15.96 $6.87
Port Washington 3 9  705,238 Sq. Ft. $111.54 $13.33 $5.21
Rockville Centre 4 1  33,994 Sq. Ft. $180.30 $14.95 $4.72
Syosset 3 11  434,887 Sq. Ft. $181.82 $13.21 $3.01
Valley Stream 7 3  110,598 Sq. Ft. $194.61 $10.96 $6.60
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 3 11  129,160 Sq. Ft. $218.67 $15.10 $3.82
Woodbury 0 1  7,000 Sq. Ft. $14.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 1 5  74,800 Sq. Ft. $190.00 $11.62 $3.30
Bay Shore 10 10  192,031 Sq. Ft. $125.36 $12.27 $3.44
Bellport 5 0  125,533 Sq. Ft. $124.55 $2.30
Bohemia 7 26  396,918 Sq. Ft. $158.59 $11.41 $2.31
Calverton 1 2  21,450 Sq. Ft. $212.50 $10.40 $2.02
Central Islip 2 2  110,958 Sq. Ft. $65.39 $8.92 $3.36
Commack 4 3  230,807 Sq. Ft. $180.85 $2.57
Copiague 11 7  146,409 Sq. Ft. $137.10 $14.49 $3.18
Deer Park 11 19  242,258 Sq. Ft. $137.83 $12.58 $3.22
East Setauket 6 2  192,525 Sq. Ft. $135.93 $16.00 $3.20
Edgewood 1 5  368,125 Sq. Ft. $151.00 $12.50 $3.53
Farmingdale 20 33  672,177 Sq. Ft. $179.46 $13.67 $3.45
Hauppauge 15 25  893,079 Sq. Ft. $142.28 $11.15 $2.64
Holbrook 1 5  85,997 Sq. Ft. $79.15 $12.26 $1.78
Holtsville 0 2  64,509 Sq. Ft. $9.50
Huntington Station 7 6  132,654 Sq. Ft. $143.92 $10.48 $3.66
Islandia 8 6  178,273 Sq. Ft. $126.97 $11.00 $3.50
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 5 5  176,068 Sq. Ft. $128.38 $10.00 $2.89
Medford 6 4  127,443 Sq. Ft. $192.93 $13.38 $2.62
Melville 4 7  786,430 Sq. Ft. $249.68 $14.36 $2.59
Patchogue 6 3  70,234 Sq. Ft. $130.79 $10.97 $3.26
Riverhead 8 4  150,045 Sq. Ft. $107.35 $11.73 $2.40
Ronkonkoma 26 18  543,157 Sq. Ft. $151.90 $11.43 $3.00
West Babylon 16 6  260,141 Sq. Ft. $133.90 $15.15 $3.03
Wyandanch 0 3  181,268 Sq. Ft. $8.50
Yaphank 8 12  383,891 Sq. Ft. $136.91 $9.84 $1.85
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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.