Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for June 2016 |
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Presented by Schacker Realty 631-293-3700 |
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Average Listing Price/Sq. Ft. | |||||
Sq. Ft. | Annual Change | Monthly Change | |||
4k-10k | $144.51 | $153.66 | $154.86 | 7.2% | 0.8% |
11k-30k | $117.50 | $119.56 | $119.48 | 1.7% | -0.1% |
31k-70k | $91.11 | $98.20 | $97.75 | 7.3% | -0.5% |
71k-600k | $98.74 | $119.62 | $119.81 | 21.3% | 0.2% |
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Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
Sq. Ft. | Annual Change | Monthly Change | |||
4k-10k | $11.39 | $12.09 | $12.08 | 6.1% | -0.1% |
11k-30k | $10.76 | $11.72 | $11.92 | 10.8% | 1.7% |
31k-70k | $9.58 | $10.26 | $10.69 | 11.6% | 4.2% |
71k-600k | $9.63 | $9.83 | $9.63 | 0.0% | -2.0% |
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Number of Listings for Sale | |||||
Sq. Ft. | Annual Change | Monthly Change | |||
4k-10k | 162 | 147 | 149 | -8.0% | 1.4% |
11k-30k | 145 | 135 | 133 | -8.3% | -1.5% |
31k-70k | 60 | 52 | 48 | -20.0% | -7.7% |
71k-600k | 24 | 23 | 24 | 0.0% | 4.3% |
Total | 391 | 357 | 354 | -9.5% | -0.8% |
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Number of Listings for Lease or Sublease | |||||
Sq. Ft. | Annual Change | Monthly Change | |||
4k-10k | 255 | 196 | 207 | -18.8% | 5.6% |
11k-30k | 189 | 157 | 155 | -18.0% | -1.3% |
31k-70k | 75 | 69 | 63 | -16.0% | -8.7% |
71k-600k | 24 | 23 | 23 | -4.2% | 0.0% |
Total | 543 | 445 | 448 | -17.5% | 0.7% |
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 | 13 | 5 | 256,024 Sq. Ft. | $179.73 | $13.33 | $4.94 |
Garden City Park | 2 | 1 | 79,709 Sq. Ft. | $133.83 | $12.00 | $4.90 |
Hempstead | 10 | 7 | 200,110 Sq. Ft. | $119.29 | $12.68 | $3.34 |
Freeport | 14 | 7 | 278,530 Sq. Ft. | $97.48 | $11.21 | $4.44 |
Westbury | 5 | 14 | 231,077 Sq. Ft. | $127.96 | $13.23 | $4.44 |
Oceanside | 15 | 22 | 493,142 Sq. Ft. | $89.43 | $10.95 | $3.59 |
Hicksville | 10 | 11 | 385,110 Sq. Ft. | $159.95 | $10.72 | $6.20 |
Bethpage | 0 | 5 | 250,840 Sq. Ft. | – | $13.53 | $2.97 |
Syosset | 2 | 14 | 438,538 Sq. Ft. | $110.32 | $11.60 | $3.66 |
Plainview | 5 | 16 | 379,013 Sq. Ft. | $122.96 | $12.12 | $4.61 |
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
Melville | 2 | 6 | 260,980 Sq. Ft. | $140.90 | $17.10 | $1.81 |
Farmingdale | 36 | 34 | 1,149,375 Sq. Ft. | $114.73 | $11.52 | $3.14 |
West Babylon | 15 | 17 | 254,011 Sq. Ft. | $118.95 | $8.76 | $3.23 |
Deer Park | 13 | 15 | 392,865 Sq. Ft. | $97.20 | $8.95 | $3.05 |
Hauppauge | 23 | 37 | 1,409,756 Sq. Ft. | $121.35 | $9.37 | $2.66 |
Edgewood | 0 | 9 | 459,580 Sq. Ft. | – | $9.77 | $2.52 |
Bay Shore | 15 | 18 | 1,547,299 Sq. Ft. | $100.60 | $9.01 | $2.84 |
Islandia | 5 | 6 | 216,737 Sq. Ft. | $116.19 | $9.80 | $2.59 |
Bohemia | 16 | 20 | 334,144 Sq. Ft. | $119.85 | $10.20 | $2.20 |
Ronkonkoma | 10 | 22 | 372,769 Sq. Ft. | $96.82 | $8.98 | $2.27 |
Holbrook | 9 | 13 | 301,360 Sq. Ft. | $87.65 | $9.36 | $1.70 |
Calverton | 2 | 2 | 103,321 Sq. Ft. | $277.76 | $3.88 | – |
Yaphank | 4 | 5 | 187,404 Sq. Ft. | $106.41 | $7.06 | $3.81 |
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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. |
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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. |