Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2017

Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
Average Listing Price/Sq. Ft.
Sq. Ft.Dec 2015Dec 2016Dec 20172-year Change1-year Change
4k-10k$154.86$188.97$200.9729.8%6.3%
11k-30k$119.48$139.12$186.2055.8%33.8%
31k-70k$97.75$104.91$138.8442.0%32.3%
71k-600k$119.81$124.10$135.3313.0%9.1%
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft.Dec 2015Dec 2016Dec 20172-year Change1-year Change
4k-10k$12.08$13.15$14.6020.8%11.0%
11k-30k$11.92$12.27$13.5413.6%10.3%
31k-70k$10.69$11.87$13.2423.9%11.5%
71k-600k$9.63$11.44$11.3117.4%-1.2%
Number of Listings for Sale
Sq. Ft.Dec 2015Dec 2016Dec 20172-year Change1-year Change
4k-10k14915417819.5%15.6%
11k-30k1331381426.8%2.9%
31k-70k483447-2.1%38.2%
71k-600k242220-16.7%-9.1%
Total3543483879.3%11.2%
Number of Listings for Lease or Sublease
Sq. Ft.Dec 2015Dec 2016Dec 20172-year Change1-year Change
4k-10k207210206-0.5%-1.9%
11k-30k15515817412.3%10.1%
31k-70k635854-14.3%-6.9%
71k-600k23242821.7%16.7%
Total4484504623.1%2.7%

                              
Listings For SaleListings For Lease or SubleaseTotal Available Industrial SpaceAvg. Listing Sale PriceAvg. Listing Lease PriceAverage Listing RE Taxes
                              
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
Bethpage25 117,418 Sq. Ft.$515.22$14.60
Carle Place20 31,000 Sq. Ft.$156.29$6.81
Floral Park32 24,265 Sq. Ft.$240.80$12.41$5.96
Freeport1811 457,560 Sq. Ft.$130.80$12.05$4.25
Garden City53 172,860 Sq. Ft.$133.44$22.64$4.86
Garden City Park20 25,240 Sq. Ft.$166.20$7.50
Hempstead122 142,865 Sq. Ft.$176.52$15.49$4.17
Hicksville519 322,153 Sq. Ft.$193.03$13.27$4.03
Inwood48 114,238 Sq. Ft.$120.81$16.69$2.81
Mineola86 287,436 Sq. Ft.$122.83$19.06$4.52
New Hyde Park136 280,767 Sq. Ft.$209.11$13.73$4.72
Oceanside1214 233,536 Sq. Ft.$166.31$13.24$4.68
Oyster Bay10 5,840 Sq. Ft.$222.60$3.21
Plainview617 327,868 Sq. Ft.$205.71$14.71$5.68
Port Washington44 358,589 Sq. Ft.$134.56$14.59$4.98
Rockville Centre41 34,097 Sq. Ft.$194.05$14.00$4.48
Syosset215 361,477 Sq. Ft.$124.84$13.48$2.70
Valley Stream45 77,870 Sq. Ft.$159.11$14.32$6.46
West Hempstead11 20,000 Sq. Ft.$212.50$9.00$4.90
Westbury915 413,674 Sq. Ft.$148.53$14.71$4.24
Woodbury03 34,735 Sq. Ft.$12.00
                              
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville57 148,660 Sq. Ft.$118.72$10.18$3.19
Bay Shore1315 362,455 Sq. Ft.$121.09$10.58$3.47
Bellport63 125,633 Sq. Ft.$111.60$11.73$1.76
Bohemia628 322,459 Sq. Ft.$124.77$10.50$2.93
Calverton23 91,928 Sq. Ft.$321.75$7.01$1.97
Central Islip42 130,600 Sq. Ft.$80.09$9.02$3.60
Commack45 287,327 Sq. Ft.$145.16$10.37$2.36
Copiague1712 250,759 Sq. Ft.$136.28$12.70$3.09
Deer Park1220 350,578 Sq. Ft.$118.27$11.18$2.47
East Setauket54 108,025 Sq. Ft.$141.03$15.06$2.74
Edgewood07 414,325 Sq. Ft.$12.00$1.47
Farmingdale2437 825,502 Sq. Ft.$154.51$12.58$3.68
Hauppauge2029 1,359,593 Sq. Ft.$141.81$10.34$2.50
Holbrook510 116,497 Sq. Ft.$89.29$12.08$2.16
Holtsville05 70,015 Sq. Ft.$9.28$1.85
Huntington Station86 102,637 Sq. Ft.$132.06$13.61$2.29
Islandia65 114,950 Sq. Ft.$154.05$10.41$3.39
Islip52 67,498 Sq. Ft.$122.06$14.00$3.72
Lindenhurst63 105,396 Sq. Ft.$115.55$9.75$2.65
Medford611 152,948 Sq. Ft.$146.64$13.07$2.89
Melville410 870,754 Sq. Ft.$199.33$13.03$2.22
Patchogue117 181,419 Sq. Ft.$132.02$8.34$3.05
Riverhead63 115,550 Sq. Ft.$130.91$13.52$2.23
Ronkonkoma1729 586,500 Sq. Ft.$133.68$10.48$2.27
West Babylon1311 242,581 Sq. Ft.$147.13$12.55$3.79
Wyandanch04 196,980 Sq. Ft.$8.50
Yaphank149 710,364 Sq. Ft.$119.12$9.81$1.77
                              
# 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.