Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jul 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Jul 2016 Jul 2017 Jul 2018 2-year Change 1-year Change
4k-10k $163.79 $196.64 $195.24 19.2% -0.7%
11k-30k $128.91 $169.04 $207.52 61.0% 22.8%
31k-70k $97.97 $137.84 $141.07 44.0% 2.3%
71k-600k $118.68 $131.14 $126.01 6.2% -3.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jul 2016 Jul 2017 Jul 2018 2-year Change 1-year Change
4k-10k $12.76 $14.41 $14.60 14.4% 1.3%
11k-30k $12.14 $12.53 $14.18 16.8% 13.2%
31k-70k $10.93 $11.89 $14.67 34.2% 23.3%
71k-600k $9.62 $12.20 $12.44 29.3% 1.9%
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Number of Listings for Sale
Sq. Ft. Jul 2016 Jul 2017 Jul 2018 2-year Change 1-year Change
4k-10k 149 170 145 -2.7% -14.7%
11k-30k 131 144 134 2.3% -6.9%
31k-70k 35 45 53 51.4% 17.8%
71k-600k 26 23 15 -42.3% -34.8%
Total 341 382 347 1.8% -9.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Jul 2016 Jul 2017 Jul 2018 2-year Change 1-year Change
4k-10k 200 217 171 -14.5% -21.2%
11k-30k 140 172 175 25.0% 1.7%
31k-70k 52 59 61 17.3% 3.4%
71k-600k 25 32 26 4.0% -18.8%
Total 417 480 433 3.8% -9.8%

 

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 3 13  405,410 Sq. Ft. $187.41 $15.85 $5.40
Carle Place 2 0  31,000 Sq. Ft. $167.74 $6.44
Floral Park 4 1  16,765 Sq. Ft. $254.28 $31.46 $3.55
Freeport 15 14  477,217 Sq. Ft. $135.80 $11.94 $3.68
Garden City 3 3  128,309 Sq. Ft. $193.91 $4.72
Garden City Park 1 2  42,540 Sq. Ft. $132.87 $14.51 $4.35
Hempstead 8 5  124,095 Sq. Ft. $173.72 $14.08 $4.17
Hicksville 3 16  524,493 Sq. Ft. $205.71 $15.41 $3.93
Inwood 4 8  117,857 Sq. Ft. $158.01 $15.15 $2.82
Mineola 7 8  366,869 Sq. Ft. $117.38 $15.45 $4.61
New Hyde Park 11 8  264,830 Sq. Ft. $239.82 $15.75 $4.58
Oceanside 15 15  412,048 Sq. Ft. $141.23 $13.69 $4.36
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 6 14  275,115 Sq. Ft. $242.28 $16.28 $7.14
Port Washington 2 6  478,192 Sq. Ft. $120.24 $14.54 $5.21
Rockville Centre 4 1  33,994 Sq. Ft. $180.30 $14.95 $4.75
Syosset 3 12  413,487 Sq. Ft. $181.82 $13.54 $2.94
Valley Stream 7 3  112,848 Sq. Ft. $194.61 $10.93 $6.60
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 4 11  195,909 Sq. Ft. $161.44 $14.34 $3.56
Woodbury 0 1  7,000 Sq. Ft. $14.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 2 4  61,900 Sq. Ft. $142.93 $11.58 $2.75
Bay Shore 10 13  224,687 Sq. Ft. $125.36 $11.66 $3.44
Bellport 5 0  125,533 Sq. Ft. $124.55 $2.30
Bohemia 8 29  438,328 Sq. Ft. $155.53 $11.01 $2.36
Calverton 1 1  6,450 Sq. Ft. $212.50 $22.04 $2.02
Central Islip 2 2  110,958 Sq. Ft. $65.39 $8.92 $3.36
Commack 3 4  202,363 Sq. Ft. $8.75 $2.34
Copiague 11 8  165,143 Sq. Ft. $137.10 $13.73 $3.18
Deer Park 11 15  222,758 Sq. Ft. $137.83 $12.78 $3.22
East Setauket 6 2  192,525 Sq. Ft. $135.93 $16.00 $3.20
Edgewood 1 5  368,125 Sq. Ft. $151.00 $12.50 $3.53
Farmingdale 24 39  802,320 Sq. Ft. $179.85 $13.81 $3.73
Hauppauge 16 28  1,089,872 Sq. Ft. $143.63 $10.75 $2.64
Holbrook 1 5  85,735 Sq. Ft. $79.15 $12.22 $1.70
Holtsville 0 2  67,916 Sq. Ft. $10.50
Huntington Station 7 5  92,654 Sq. Ft. $143.92 $10.94 $4.04
Islandia 7 4  150,973 Sq. Ft. $123.05 $10.80 $3.40
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 4 4  108,548 Sq. Ft. $125.89 $9.70 $2.71
Medford 8 4  127,443 Sq. Ft. $192.93 $13.38 $2.62
Melville 4 7  786,430 Sq. Ft. $250.00 $14.51 $2.74
Patchogue 8 5  148,659 Sq. Ft. $133.75 $8.02 $2.97
Riverhead 8 4  150,045 Sq. Ft. $107.35 $11.73 $2.40
Ronkonkoma 28 19  630,687 Sq. Ft. $141.17 $11.12 $2.78
West Babylon 14 6  239,551 Sq. Ft. $133.72 $15.23 $3.13
Wyandanch 0 4  196,980 Sq. Ft. $8.50
Yaphank 9 14  704,227 Sq. Ft. $137.00 $9.97 $1.77
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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.