Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Feb 2016 Feb 2017 Feb 2018 2-year Change 1-year Change
4k-10k $157.38 $180.51 $196.95 25.1% 9.1%
11k-30k $124.54 $146.89 $191.75 54.0% 30.5%
31k-70k $96.88 $116.53 $139.94 44.4% 20.1%
71k-600k $120.44 $127.25 $123.80 2.8% -2.7%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Feb 2016 Feb 2017 Feb 2018 2-year Change 1-year Change
4k-10k $12.15 $13.94 $14.34 18.0% 2.8%
11k-30k $12.08 $12.02 $13.89 15.0% 15.5%
31k-70k $11.11 $12.08 $14.20 27.9% 17.6%
71k-600k $10.25 $12.44 $10.82 5.5% -13.1%
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Number of Listings for Sale
Sq. Ft. Feb 2016 Feb 2017 Feb 2018 2-year Change 1-year Change
4k-10k 155 151 159 2.6% 5.3%
11k-30k 131 123 126 -3.8% 2.4%
31k-70k 49 40 45 -8.2% 12.5%
71k-600k 23 21 19 -17.4% -9.5%
Total 358 335 349 -2.5% 4.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Feb 2016 Feb 2017 Feb 2018 2-year Change 1-year Change
4k-10k 219 232 190 -13.2% -18.1%
11k-30k 137 175 168 22.6% -4.0%
31k-70k 60 55 53 -11.7% -3.6%
71k-600k 19 28 26 36.8% -7.1%
Total 435 490 437 0.5% -10.8%

 

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 2 9  220,110 Sq. Ft. $515.22 $15.20
Carle Place 2 0  31,000 Sq. Ft. $156.29 $6.44
Floral Park 3 1  17,065 Sq. Ft. $240.80 $7.23
Freeport 12 9  381,604 Sq. Ft. $130.75 $12.12 $3.11
Garden City 3 2  66,780 Sq. Ft. $215.00 $22.64 $5.19
Garden City Park 1 2  45,240 Sq. Ft. $132.87 $18.08 $4.35
Hempstead 9 4  133,165 Sq. Ft. $184.92 $14.76 $4.01
Hicksville 4 18  301,313 Sq. Ft. $197.22 $13.20 $4.16
Inwood 4 8  114,238 Sq. Ft. $120.81 $16.07 $2.81
Mineola 4 5  329,821 Sq. Ft. $112.28 $14.95 $4.15
New Hyde Park 17 9  324,122 Sq. Ft. $258.40 $14.17 $4.53
Oceanside 11 15  256,948 Sq. Ft. $165.95 $13.81 $4.72
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 5 14  290,027 Sq. Ft. $232.39 $15.27 $5.78
Port Washington 4 4  358,589 Sq. Ft. $134.76 $14.59 $4.98
Rockville Centre 4 1  34,097 Sq. Ft. $189.35 $14.00 $4.48
Syosset 3 10  312,886 Sq. Ft. $175.58 $11.54 $2.71
Valley Stream 4 4  59,870 Sq. Ft. $152.27 $13.65 $6.46
West Hempstead 1 0  2,000 Sq. Ft. $212.50 $4.90
Westbury 11 11  393,555 Sq. Ft. $154.95 $14.91 $4.39
Woodbury 0 1  7,480 Sq. Ft. $14.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 5 5  133,288 Sq. Ft. $123.87 $10.25 $3.17
Bay Shore 10 12  179,445 Sq. Ft. $140.03 $11.68 $3.66
Bellport 6 1  149,133 Sq. Ft. $127.74 $13.00 $2.21
Bohemia 6 25  358,825 Sq. Ft. $157.39 $11.46 $2.56
Calverton 2 3  91,928 Sq. Ft. $282.97 $7.01 $1.97
Central Islip 4 1  88,600 Sq. Ft. $77.61 $8.00 $3.69
Commack 3 6  257,327 Sq. Ft. $150.00 $10.37 $2.35
Copiague 15 12  244,759 Sq. Ft. $133.77 $12.62 $3.09
Deer Park 7 17  269,306 Sq. Ft. $121.31 $10.49 $2.25
East Setauket 5 5  157,025 Sq. Ft. $141.03 $15.06 $2.63
Edgewood 0 6  339,125 Sq. Ft. $12.36
Farmingdale 18 37  699,545 Sq. Ft. $167.05 $15.32 $3.74
Hauppauge 15 23  1,011,320 Sq. Ft. $137.24 $10.61 $2.69
Holbrook 4 10  114,003 Sq. Ft. $88.31 $11.62 $2.08
Holtsville 0 4  94,016 Sq. Ft. $10.50
Huntington Station 7 4  84,392 Sq. Ft. $136.29 $10.92 $2.57
Islandia 7 7  147,660 Sq. Ft. $129.20 $11.74 $3.39
Islip 3 0  47,267 Sq. Ft. $123.53 $3.43
Lindenhurst 6 4  105,867 Sq. Ft. $114.70 $9.75 $2.65
Medford 5 8  127,625 Sq. Ft. $183.36 $11.94 $2.38
Melville 3 8  737,154 Sq. Ft. $13.16 $2.04
Patchogue 9 6  162,279 Sq. Ft. $137.92 $8.02 $3.01
Riverhead 9 4  148,588 Sq. Ft. $126.02 $12.45 $2.24
Ronkonkoma 17 28  567,287 Sq. Ft. $131.71 $10.57 $2.49
West Babylon 11 12  234,246 Sq. Ft. $145.60 $12.48 $3.53
Wyandanch 0 4  196,980 Sq. Ft. $8.50
Yaphank 14 9  728,012 Sq. Ft. $110.76 $9.82 $1.76
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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.