Long Island Industrial, Warehouse, and manufacturing Property Market Trends for Jan 2018

 

Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
.
Average Listing Price/Sq. Ft.
Sq. Ft. Jan 2016 Jan 2017 Jan 2018 2-year Change 1-year Change
4k-10k $157.14 $190.68 $200.75 27.8% 5.3%
11k-30k $119.90 $139.17 $189.70 58.2% 36.3%
31k-70k $97.27 $117.60 $140.96 44.9% 19.9%
71k-600k $124.07 $127.01 $138.80 11.9% 9.3%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jan 2016 Jan 2017 Jan 2018 2-year Change 1-year Change
4k-10k $12.11 $13.28 $14.72 21.6% 10.9%
11k-30k $12.01 $12.31 $13.70 14.0% 11.3%
31k-70k $10.82 $11.88 $13.95 28.9% 17.4%
71k-600k $9.73 $12.20 $11.15 14.6% -8.6%
.
Number of Listings for Sale
Sq. Ft. Jan 2016 Jan 2017 Jan 2018 2-year Change 1-year Change
4k-10k 147 149 176 19.7% 18.1%
11k-30k 131 133 135 3.1% 1.5%
31k-70k 47 37 51 8.5% 37.8%
71k-600k 26 21 18 -30.8% -14.3%
Total 351 340 380 8.3% 11.8%
.
Number of Listings for Lease or Sublease
Sq. Ft. Jan 2016 Jan 2017 Jan 2018 2-year Change 1-year Change
4k-10k 216 207 196 -9.3% -5.3%
11k-30k 146 170 165 13.0% 2.9%
31k-70k 64 54 57 -10.9% 5.6%
71k-600k 22 26 28 27.3% 7.7%
Total 448 457 446 -0.4% -2.4%

 

Listings For Sale Listings For Lease or Sublease Total Available Industrial Space Avg. Listing Sale Price Avg. Listing Lease Price Average Listing RE Taxes
.
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
Bethpage 2 5  128,718 Sq. Ft. $515.22 $14.71
Carle Place 2 0  31,000 Sq. Ft. $156.29 $6.44
Floral Park 3 2  20,265 Sq. Ft. $240.80 $7.23
Freeport 17 11  430,460 Sq. Ft. $134.60 $12.11 $4.33
Garden City 5 2  117,860 Sq. Ft. $215.26 $22.64 $4.86
Garden City Park 2 1  45,240 Sq. Ft. $166.20 $15.00 $6.43
Hempstead 12 3  142,865 Sq. Ft. $176.52 $15.60 $4.17
Hicksville 5 16  295,740 Sq. Ft. $190.83 $13.02 $4.23
Inwood 4 8  114,238 Sq. Ft. $120.81 $16.07 $2.81
Mineola 5 3  245,894 Sq. Ft. $114.33 $14.77 $4.15
New Hyde Park 16 10  304,336 Sq. Ft. $220.50 $13.86 $4.47
Oceanside 12 15  251,850 Sq. Ft. $166.31 $13.75 $4.68
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 6 17  334,431 Sq. Ft. $207.03 $14.89 $5.73
Port Washington 4 4  358,589 Sq. Ft. $134.76 $14.59 $4.98
Rockville Centre 4 1  34,097 Sq. Ft. $194.05 $14.00 $4.48
Syosset 2 11  336,036 Sq. Ft. $124.84 $13.86 $2.70
Valley Stream 4 5  77,870 Sq. Ft. $152.27 $14.32 $6.46
West Hempstead 1 0  2,000 Sq. Ft. $212.50 $4.90
Westbury 8 12  376,404 Sq. Ft. $145.58 $14.88 $4.31
Woodbury 0 2  31,065 Sq. Ft. $14.00
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 6 6  142,348 Sq. Ft. $120.58 $9.98 $3.17
Bay Shore 11 13  259,555 Sq. Ft. $139.78 $10.74 $3.48
Bellport 7 2  159,133 Sq. Ft. $124.60 $11.14 $2.08
Bohemia 5 27  334,453 Sq. Ft. $124.10 $10.23 $2.72
Calverton 2 3  91,928 Sq. Ft. $282.97 $7.01 $1.97
Central Islip 4 2  130,600 Sq. Ft. $77.61 $9.02 $3.60
Commack 3 5  257,327 Sq. Ft. $150.00 $10.37 $2.35
Copiague 16 12  250,759 Sq. Ft. $135.44 $12.62 $3.09
Deer Park 9 18  316,956 Sq. Ft. $96.03 $10.56 $2.29
East Setauket 5 5  157,025 Sq. Ft. $141.03 $15.06 $2.62
Edgewood 0 4  325,000 Sq. Ft. $12.00
Farmingdale 21 36  786,332 Sq. Ft. $154.28 $14.61 $3.66
Hauppauge 19 30  1,349,764 Sq. Ft. $141.19 $10.38 $2.48
Holbrook 5 8  109,498 Sq. Ft. $89.92 $12.30 $2.24
Holtsville 0 4  64,015 Sq. Ft. $9.36 $1.85
Huntington Station 7 4  84,392 Sq. Ft. $136.29 $10.92 $2.29
Islandia 6 4  104,950 Sq. Ft. $154.05 $11.46 $3.39
Islip 5 2  67,498 Sq. Ft. $122.06 $14.00 $3.72
Lindenhurst 6 3  105,396 Sq. Ft. $114.70 $9.75 $2.65
Medford 5 10  137,633 Sq. Ft. $183.36 $11.85 $2.38
Melville 4 10  870,754 Sq. Ft. $199.33 $13.03 $2.22
Patchogue 10 7  170,279 Sq. Ft. $135.83 $8.02 $3.06
Riverhead 9 4  148,588 Sq. Ft. $126.02 $12.00 $2.27
Ronkonkoma 18 25  562,447 Sq. Ft. $132.45 $10.69 $2.33
West Babylon 13 11  242,981 Sq. Ft. $145.85 $12.55 $3.79
Wyandanch 0 4  196,980 Sq. Ft. $8.50
Yaphank 15 10  810,864 Sq. Ft. $119.42 $9.59 $1.75
.
.
# 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.