Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2016
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.

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.