| Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2016 | |||||
| Presented by Schacker Realty 631-293-3700 | |||||
| www.schackerrealty.com | |||||
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Apr 2015 | Mar 2016 | Apr 2016 | Annual Change | Monthly Change |
| 4k-10k | $149.37 | $159.25 | $159.71 | 6.9% | 0.3% |
| 11k-30k | $114.00 | $125.65 | $128.64 | 12.8% | 2.4% |
| 31k-70k | $92.44 | $98.69 | $99.48 | 7.6% | 0.8% |
| 71k-600k | $98.30 | $118.89 | $117.99 | 20.0% | -0.8% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Apr 2015 | Mar 2016 | Apr 2016 | Annual Change | Monthly Change |
| 4k-10k | $11.71 | $12.40 | $12.10 | 3.4% | -2.3% |
| 11k-30k | $10.97 | $11.87 | $11.96 | 9.1% | 0.7% |
| 31k-70k | $9.84 | $11.08 | $11.66 | 18.6% | 5.3% |
| 71k-600k | $11.37 | $10.16 | $9.31 | -18.2% | -8.4% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Apr 2015 | Mar 2016 | Apr 2016 | Annual Change | Monthly Change |
| 4k-10k | 155 | 150 | 156 | 0.6% | 4.0% |
| 11k-30k | 147 | 134 | 138 | -6.1% | 3.0% |
| 31k-70k | 59 | 44 | 44 | -25.4% | 0.0% |
| 71k-600k | 24 | 22 | 24 | 0.0% | 9.1% |
| Total | 385 | 350 | 362 | -6.0% | 3.4% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Apr 2015 | Mar 2016 | Apr 2016 | Annual Change | Monthly Change |
| 4k-10k | 231 | 218 | 223 | -3.5% | 2.3% |
| 11k-30k | 185 | 140 | 145 | -21.6% | 3.6% |
| 31k-70k | 81 | 59 | 57 | -29.6% | -3.4% |
| 71k-600k | 19 | 20 | 24 | 26.3% | 20.0% |
| Total | 516 | 437 | 449 | -13.0% | 2.7% |
| 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 | 12 | 6 | 265,397 Sq. Ft. | $171.67 | $13.40 | $4.33 |
| Garden City Park | 2 | 1 | 103,280 Sq. Ft. | $137.50 | $12.00 | $3.57 |
| Hempstead | 10 | 3 | 112,452 Sq. Ft. | $118.01 | $12.25 | $3.75 |
| Freeport | 14 | 8 | 247,644 Sq. Ft. | $92.46 | $12.33 | $4.73 |
| Westbury | 7 | 12 | 205,897 Sq. Ft. | $145.57 | $14.02 | $4.31 |
| Oceanside | 15 | 19 | 401,150 Sq. Ft. | $108.48 | $11.69 | $4.47 |
| Hicksville | 12 | 17 | 522,997 Sq. Ft. | $158.94 | $11.18 | $6.34 |
| Bethpage | 0 | 7 | 348,037 Sq. Ft. | – | $13.90 | $5.48 |
| Syosset | 3 | 14 | 427,314 Sq. Ft. | $179.00 | $12.68 | $3.45 |
| Plainview | 6 | 17 | 383,307 Sq. Ft. | $156.04 | $12.90 | $4.75 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 2 | 7 | 321,830 Sq. Ft. | $132.15 | $18.55 | $1.75 |
| Farmingdale | 35 | 34 | 1,241,791 Sq. Ft. | $119.24 | $12.00 | $3.04 |
| West Babylon | 19 | 15 | 264,987 Sq. Ft. | $113.14 | $8.70 | $3.51 |
| Deer Park | 13 | 16 | 532,694 Sq. Ft. | $103.93 | $9.57 | $3.15 |
| Hauppauge | 18 | 34 | 1,418,972 Sq. Ft. | $118.99 | $9.45 | $2.56 |
| Edgewood | 1 | 3 | 346,260 Sq. Ft. | $125.00 | – | $2.52 |
| Bay Shore | 15 | 18 | 1,493,079 Sq. Ft. | $97.71 | $8.78 | $2.94 |
| Islandia | 4 | 6 | 223,700 Sq. Ft. | $115.94 | $10.20 | $2.67 |
| Bohemia | 15 | 29 | 627,705 Sq. Ft. | $126.54 | $9.38 | $2.58 |
| Ronkonkoma | 14 | 27 | 334,400 Sq. Ft. | $118.05 | $9.25 | $2.72 |
| Holbrook | 7 | 18 | 589,410 Sq. Ft. | $84.59 | $9.29 | $1.52 |
| Calverton | 1 | 1 | 75,821 Sq. Ft. | $511.44 | $3.00 | – |
| Yaphank | 7 | 5 | 202,916 Sq. Ft. | $168.69 | $7.65 | $2.71 |
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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. |
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| 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. | ||||||