Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change
4k-10k $160.99 $195.25 $200.06 24.3% 2.5%
11k-30k $129.25 $169.16 $189.04 46.3% 11.8%
31k-70k $97.84 $134.51 $140.56 43.7% 4.5%
71k-600k $117.94 $128.42 $122.44 3.8% -4.7%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change
4k-10k $12.68 $14.34 $14.41 13.7% 0.5%
11k-30k $12.28 $12.55 $14.25 16.0% 13.5%
31k-70k $11.34 $12.14 $14.19 25.1% 16.8%
71k-600k $9.63 $12.22 $12.17 26.5% -0.3%
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Number of Listings for Sale
Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change
4k-10k 141 164 147 4.3% -10.4%
11k-30k 128 140 133 3.9% -5.0%
31k-70k 38 42 52 36.8% 23.8%
71k-600k 27 25 15 -44.4% -40.0%
Total 334 371 347 3.9% -6.5%
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Number of Listings for Lease or Sublease
Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change
4k-10k 203 218 164 -19.2% -24.8%
11k-30k 128 170 169 32.0% -0.6%
31k-70k 53 59 59 11.3% 0.0%
71k-600k 28 35 25 -10.7% -28.6%
Total 412 482 417 1.2% -13.5%

 

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 11  365,410 Sq. Ft. $483.01 $15.88 $6.31
Carle Place 3 1  56,600 Sq. Ft. $166.05 $17.00 $5.67
Floral Park 4 1  16,765 Sq. Ft. $254.28 $31.46 $3.55
Freeport 14 13  471,213 Sq. Ft. $134.54 $11.90 $3.51
Garden City 3 2  73,820 Sq. Ft. $193.91 $4.67
Garden City Park 1 2  42,540 Sq. Ft. $132.87 $15.00 $4.35
Hempstead 8 5  125,595 Sq. Ft. $171.35 $14.04 $4.12
Hicksville 3 15  533,890 Sq. Ft. $205.71 $15.44 $3.85
Inwood 4 8  117,857 Sq. Ft. $158.01 $15.37 $2.82
Mineola 6 6  335,969 Sq. Ft. $117.38 $15.60 $4.64
New Hyde Park 15 10  311,917 Sq. Ft. $261.06 $14.20 $4.48
Oceanside 14 16  322,348 Sq. Ft. $147.51 $13.77 $4.36
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 5 13  235,488 Sq. Ft. $226.85 $15.73 $6.32
Port Washington 2 5  346,556 Sq. Ft. $120.24 $12.27 $5.28
Rockville Centre 4 1  33,994 Sq. Ft. $180.30 $14.95 $4.72
Syosset 3 13  428,487 Sq. Ft. $181.82 $13.53 $2.94
Valley Stream 7 3  112,848 Sq. Ft. $194.73 $10.93 $6.52
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 6 11  207,749 Sq. Ft. $175.84 $14.34 $3.99
Woodbury 0 1  7,580 Sq. Ft. $14.00
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 3 5  87,600 Sq. Ft. $164.34 $11.69 $2.86
Bay Shore 10 13  224,687 Sq. Ft. $125.36 $11.61 $3.44
Bellport 5 0  125,533 Sq. Ft. $124.55 $2.30
Bohemia 7 22  369,423 Sq. Ft. $153.64 $11.25 $2.36
Calverton 1 3  87,108 Sq. Ft. $212.50 $6.68 $2.02
Central Islip 3 2  115,758 Sq. Ft. $72.25 $8.92 $3.80
Commack 3 5  211,763 Sq. Ft. $8.99 $2.34
Copiague 12 10  194,043 Sq. Ft. $136.58 $13.17 $3.06
Deer Park 11 15  224,203 Sq. Ft. $135.26 $11.17 $2.58
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 34  754,267 Sq. Ft. $179.85 $13.85 $3.76
Hauppauge 16 21  978,463 Sq. Ft. $139.61 $10.95 $2.62
Holbrook 1 6  90,835 Sq. Ft. $79.15 $11.83 $1.70
Holtsville 0 2  67,916 Sq. Ft. $10.50
Huntington Station 7 5  88,585 Sq. Ft. $143.17 $11.02 $2.71
Islandia 7 4  136,533 Sq. Ft. $126.06 $11.33 $4.18
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 3 4  106,048 Sq. Ft. $123.31 $9.69 $2.98
Medford 7 4  122,443 Sq. Ft. $196.93 $13.38 $2.62
Melville 3 7  865,365 Sq. Ft. $250.00 $13.12 $2.27
Patchogue 8 5  148,659 Sq. Ft. $133.75 $8.02 $2.97
Riverhead 8 4  150,045 Sq. Ft. $104.98 $12.11 $2.40
Ronkonkoma 29 22  607,421 Sq. Ft. $141.76 $11.44 $2.72
West Babylon 13 8  242,651 Sq. Ft. $135.40 $12.72 $3.08
Wyandanch 0 4  196,980 Sq. Ft. $8.50
Yaphank 11 11  706,227 Sq. Ft. $110.83 $9.90 $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.