| Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2016 | |||||
| Presented by Schacker Realty 631-293-3700 | |||||
| www.schackerrealty.com | |||||
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Feb 2015 | Jan 2016 | Feb 2016 | Annual Change | Monthly Change |
| 4k-10k | $146.49 | $157.14 | $157.38 | 7.4% | 0.2% |
| 11k-30k | $114.49 | $119.90 | $124.54 | 8.8% | 3.9% |
| 31k-70k | $92.99 | $97.27 | $96.88 | 4.2% | -0.4% |
| 71k-600k | $96.44 | $124.07 | $120.44 | 24.9% | -2.9% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Feb 2015 | Jan 2016 | Feb 2016 | Annual Change | Monthly Change |
| 4k-10k | $11.50 | $12.11 | $12.15 | 5.7% | 0.3% |
| 11k-30k | $10.69 | $12.01 | $12.08 | 13.0% | 0.6% |
| 31k-70k | $9.76 | $10.82 | $11.11 | 13.9% | 2.6% |
| 71k-600k | $9.78 | $9.73 | $10.25 | 4.8% | 5.4% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Feb 2015 | Jan 2016 | Feb 2016 | Annual Change | Monthly Change |
| 4k-10k | 153 | 147 | 155 | 1.3% | 5.4% |
| 11k-30k | 145 | 131 | 131 | -9.7% | 0.0% |
| 31k-70k | 62 | 47 | 49 | -21.0% | 4.3% |
| 71k-600k | 23 | 26 | 23 | 0.0% | -11.5% |
| Total | 383 | 351 | 358 | -6.5% | 2.0% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Feb 2015 | Jan 2016 | Feb 2016 | Annual Change | Monthly Change |
| 4k-10k | 241 | 216 | 219 | -9.1% | 1.4% |
| 11k-30k | 189 | 146 | 137 | -27.5% | -6.2% |
| 31k-70k | 79 | 64 | 60 | -24.1% | -6.3% |
| 71k-600k | 20 | 22 | 19 | -5.0% | -13.6% |
| Total | 529 | 448 | 435 | -17.8% | -2.9% |
| 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 | 11 | 6 | 229,774 Sq. Ft. | $191.69 | $13.33 | $4.72 |
| Garden City Park | 3 | 1 | 108,709 Sq. Ft. | $137.03 | $12.00 | $4.90 |
| Hempstead | 11 | 4 | 124,702 Sq. Ft. | $121.20 | $13.07 | $3.81 |
| Freeport | 16 | 5 | 265,829 Sq. Ft. | $96.78 | $11.99 | $4.39 |
| Westbury | 8 | 16 | 371,017 Sq. Ft. | $145.08 | $11.92 | $4.40 |
| Oceanside | 14 | 17 | 405,042 Sq. Ft. | $96.44 | $11.57 | $3.65 |
| Hicksville | 11 | 16 | 478,937 Sq. Ft. | $157.91 | $11.31 | $6.03 |
| Bethpage | 0 | 6 | 297,640 Sq. Ft. | – | $14.22 | $3.00 |
| Syosset | 3 | 13 | 419,574 Sq. Ft. | $174.73 | $12.21 | $3.35 |
| Plainview | 5 | 15 | 341,939 Sq. Ft. | $124.64 | $12.51 | $4.49 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 3 | 7 | 354,180 Sq. Ft. | $136.77 | $17.58 | $1.81 |
| Farmingdale | 34 | 31 | 1,120,392 Sq. Ft. | $115.05 | $11.98 | $3.16 |
| West Babylon | 16 | 15 | 240,487 Sq. Ft. | $125.68 | $8.63 | $3.34 |
| Deer Park | 14 | 20 | 407,310 Sq. Ft. | $106.36 | $9.08 | $3.52 |
| Hauppauge | 19 | 36 | 1,329,967 Sq. Ft. | $118.72 | $9.31 | $2.65 |
| Edgewood | 1 | 3 | 346,260 Sq. Ft. | $125.00 | – | $2.52 |
| Bay Shore | 16 | 19 | 1,580,909 Sq. Ft. | $94.65 | $9.11 | $2.91 |
| Islandia | 4 | 7 | 219,036 Sq. Ft. | $115.94 | $10.08 | $2.67 |
| Bohemia | 15 | 27 | 600,103 Sq. Ft. | $125.15 | $10.17 | $2.43 |
| Ronkonkoma | 14 | 23 | 408,870 Sq. Ft. | $102.46 | $9.28 | $2.70 |
| Holbrook | 7 | 15 | 335,247 Sq. Ft. | $86.48 | $9.28 | $1.76 |
| Calverton | 2 | 1 | 90,321 Sq. Ft. | $277.76 | $3.00 | – |
| Yaphank | 4 | 4 | 187,404 Sq. Ft. | $106.41 | $6.69 | $3.81 |
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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. | ||||||