Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jul 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Jul 2015 Jul 2016 Jul 2017 2-year Change 1-year Change
4k-10k $150.06 $163.79 $196.64 31.0% 20.1%
11k-30k $115.98 $128.91 $169.04 45.7% 31.1%
31k-70k $92.47 $97.97 $137.84 49.1% 40.7%
71k-600k $104.54 $118.68 $131.14 25.4% 10.5%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jul 2015 Jul 2016 Jul 2017 2-year Change 1-year Change
4k-10k $12.03 $12.76 $14.41 19.7% 12.9%
11k-30k $11.15 $12.14 $12.53 12.4% 3.2%
31k-70k $10.08 $10.93 $11.89 18.0% 8.8%
71k-600k $11.99 $9.62 $12.20 1.7% 26.8%
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Number of Listings for Sale
Sq. Ft. Jul 2015 Jul 2016 Jul 2017 2-year Change 1-year Change
4k-10k 178 149 170 -4.5% 14.1%
11k-30k 147 131 144 -2.0% 9.9%
31k-70k 58 35 45 -22.4% 28.6%
71k-600k 22 26 23 4.5% -11.5%
Total 405 341 382 -5.7% 12.0%
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Number of Listings for Lease or Sublease
Sq. Ft. Jul 2015 Jul 2016 Jul 2017 2-year Change 1-year Change
4k-10k 243 200 217 -10.7% 8.5%
11k-30k 186 140 172 -7.5% 22.9%
31k-70k 78 52 59 -24.4% 13.5%
71k-600k 20 25 32 60.0% 28.0%
Total 527 417 480 -8.9% 15.1%

 

 

 
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 14 3  267,475 Sq. Ft. $215.58 $12.50 $5.23
Garden City Park 2 0  25,240 Sq. Ft. $166.20 $7.50
Hempstead 11 0  182,386 Sq. Ft. $158.40 $4.11
Freeport 17 14  410,168 Sq. Ft. $103.20 $11.73 $4.19
Westbury 11 15  360,509 Sq. Ft. $142.06 $12.69 $3.91
Oceanside 13 19  268,703 Sq. Ft. $158.65 $14.29 $4.54
Hicksville 6 18  378,669 Sq. Ft. $163.44 $11.86 $4.03
Bethpage 1 10  358,788 Sq. Ft. $455.90 $16.01 $6.56
Syosset 2 16  360,792 Sq. Ft. $124.84 $14.24 $3.07
Plainview 6 18  417,282 Sq. Ft. $164.57 $14.09 $5.37
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 1 8  423,373 Sq. Ft. $145.46 $12.48 $2.10
Farmingdale 23 41  911,535 Sq. Ft. $151.93 $12.96 $3.70
West Babylon 12 12  164,453 Sq. Ft. $137.10 $9.68 $4.15
Deer Park 9 18  318,261 Sq. Ft. $150.93 $11.00 $2.66
Hauppauge 24 31  1,341,438 Sq. Ft. $132.17 $9.95 $2.31
Edgewood 0 8  411,025 Sq. Ft. $12.00 $1.47
Bay Shore 14 15  447,814 Sq. Ft. $108.32 $9.73 $3.33
Islandia 6 8  127,300 Sq. Ft. $151.40 $9.85 $3.90
Bohemia 10 22  455,842 Sq. Ft. $127.40 $9.97 $2.98
Ronkonkoma 13 17  444,879 Sq. Ft. $133.87 $9.34 $2.32
Holbrook 7 18  713,007 Sq. Ft. $92.10 $8.45 $1.71
Calverton 1 3  92,250 Sq. Ft. $9.49 $1.82
Yaphank 16 11  725,731 Sq. Ft. $116.35 $8.89 $2.06
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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.