Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Dec 2016 Dec 2017 Dec 2018 2-year Change 1-year Change
4k-10k $204.95 $206.22 $207.26 1.1% 0.5%
11k-30k $140.08 $154.47 $165.36 18.1% 7.1%
31k-70k $101.94 $116.31 $126.64 24.2% 8.9%
71k-600k $120.50 $117.01 $139.10 15.4% 18.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Dec 2016 Dec 2017 Dec 2018 2-year Change 1-year Change
4k-10k $12.48 $13.44 $14.09 12.9% 4.9%
11k-30k $11.70 $12.37 $13.05 11.5% 5.5%
31k-70k $10.68 $11.70 $13.22 23.8% 13.0%
71k-600k $10.54 $9.85 $12.54 18.9% 27.3%
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Number of Listings for Sale
Sq. Ft. Dec 2016 Dec 2017 Dec 2018 2-year Change 1-year Change
4k-10k 148 170 147 -0.7% -13.5%
11k-30k 132 125 113 -14.4% -9.6%
31k-70k 31 43 40 29.0% -7.0%
71k-600k 19 15 13 -31.6% -13.3%
Total 330 353 313 -5.2% -11.3%
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Number of Listings for Lease or Sublease
Sq. Ft. Dec 2016 Dec 2017 Dec 2018 2-year Change 1-year Change
4k-10k 206 198 164 -20.4% -17.2%
11k-30k 150 151 138 -8.0% -8.6%
31k-70k 47 40 52 10.6% 30.0%
71k-600k 24 19 17 -29.2% -10.5%
Total 427 408 371 -13.1% -9.1%

 

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 9  215,209 Sq. Ft. $187.41 $15.10 $4.48
Carle Place 2 0  31,000 Sq. Ft. $167.74 $6.44
Floral Park 5 3  34,425 Sq. Ft. $285.57 $41.00 $5.31
Freeport 14 18  455,475 Sq. Ft. $131.38 $13.52 $3.53
Garden City 1 2  91,415 Sq. Ft. $226.89 $4.43
Garden City Park 0 3  67,200 Sq. Ft. $14.97 $4.38
Hempstead 7 6  86,623 Sq. Ft. $206.98 $13.00 $4.30
Hicksville 6 18  339,418 Sq. Ft. $189.61 $13.44 $4.81
Inwood 9 9  145,217 Sq. Ft. $199.78 $16.16 $3.21
Mineola 7 13  509,334 Sq. Ft. $126.69 $14.92 $4.52
New Hyde Park 9 6  118,074 Sq. Ft. $364.72 $19.70 $5.39
Oceanside 7 7  219,612 Sq. Ft. $150.12 $13.22 $5.28
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 4 10  240,413 Sq. Ft. $187.83 $14.32 $6.49
Port Washington 6 20  783,744 Sq. Ft. $159.80 $14.69 $4.87
Rockville Centre 3 0  28,397 Sq. Ft. $157.94 $4.99
Syosset 3 15  514,405 Sq. Ft. $195.67 $14.30 $2.90
Valley Stream 8 3  117,222 Sq. Ft. $201.92 $12.45 $6.20
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 3 10  132,223 Sq. Ft. $209.47 $13.88 $5.47
Woodbury 0 0   Sq. Ft.
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 2 7  126,382 Sq. Ft. $213.64 $10.00 $3.48
Bay Shore 8 12  203,431 Sq. Ft. $121.79 $10.58 $3.62
Bellport 5 1  125,533 Sq. Ft. $122.92 $2.30
Bohemia 7 16  234,804 Sq. Ft. $137.56 $11.00 $3.55
Calverton 1 3  121,400 Sq. Ft. $212.50 $4.95 $2.02
Central Islip 1 4  99,560 Sq. Ft. $69.89 $9.69
Commack 2 5  206,427 Sq. Ft. $201.02 $12.50 $2.27
Copiague 10 5  115,444 Sq. Ft. $138.41 $19.70 $3.49
Deer Park 11 17  582,442 Sq. Ft. $217.94 $12.57 $2.77
East Setauket 6 2  192,525 Sq. Ft. $137.71 $16.00 $3.20
Edgewood 1 5  385,900 Sq. Ft. $151.00 $10.95 $3.38
Farmingdale 18 24  586,120 Sq. Ft. $176.05 $13.83 $3.42
Hauppauge 13 25  869,982 Sq. Ft. $140.11 $10.77 $2.58
Holbrook 4 5  118,424 Sq. Ft. $116.60 $11.42 $1.03
Holtsville 1 3  66,600 Sq. Ft. $135.00 $9.50 $2.12
Huntington Station 7 7  149,254 Sq. Ft. $137.44 $8.88 $3.54
Islandia 6 7  180,978 Sq. Ft. $125.52 $10.43 $4.20
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 3 4  142,864 Sq. Ft. $123.20 $9.47 $2.87
Medford 6 4  118,397 Sq. Ft. $197.05 $14.71 $2.65
Melville 2 7  297,139 Sq. Ft. $202.00 $13.67 $3.13
Patchogue 7 4  87,634 Sq. Ft. $130.29 $12.00 $3.00
Riverhead 9 3  158,535 Sq. Ft. $122.63 $11.40 $2.73
Ronkonkoma 29 17  581,722 Sq. Ft. $143.40 $11.94 $2.93
West Babylon 20 10  303,437 Sq. Ft. $135.37 $12.51 $2.92
Wyandanch 0 1  10,000 Sq. Ft.
Yaphank 13 10  273,642 Sq. Ft. $140.67 $12.24 $2.13
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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.