Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for June 2016

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for June 2016

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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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.

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.