Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Jun 2015 Jun 2016 Jun 2017 2-year Change 1-year Change
4k-10k $148.69 $160.99 $195.25 31.3% 21.3%
11k-30k $113.34 $129.25 $169.16 49.2% 30.9%
31k-70k $95.64 $97.84 $134.51 40.6% 37.5%
71k-600k $103.25 $117.94 $128.42 24.4% 8.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Jun 2015 Jun 2016 Jun 2017 2-year Change 1-year Change
4k-10k $11.96 $12.68 $14.34 19.9% 13.1%
11k-30k $11.07 $12.28 $12.55 13.4% 2.2%
31k-70k $9.92 $11.34 $12.14 22.4% 7.1%
71k-600k $11.88 $9.63 $12.22 2.8% 26.9%
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Number of Listings for Sale
Sq. Ft. Jun 2015 Jun 2016 Jun 2017 2-year Change 1-year Change
4k-10k 171 141 164 -4.1% 16.3%
11k-30k 147 128 140 -4.8% 9.4%
31k-70k 58 38 42 -27.6% 10.5%
71k-600k 24 27 25 4.2% -7.4%
Total 400 334 371 -7.3% 11.1%
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Number of Listings for Lease or Sublease
Sq. Ft. Jun 2015 Jun 2016 Jun 2017 2-year Change 1-year Change
4k-10k 237 203 218 -8.0% 7.4%
11k-30k 187 128 170 -9.1% 32.8%
31k-70k 80 53 59 -26.3% 11.3%
71k-600k 21 28 35 66.7% 25.0%
Total 525 412 482 -8.2% 17.0%

 
 

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 15 4  272,115 Sq. Ft. $215.88 $12.61 $5.39
Garden City Park 1 0  22,540 Sq. Ft. $132.87 $4.39
Hempstead 10 0  158,386 Sq. Ft. $164.72 $4.22
Freeport 17 14  402,990 Sq. Ft. $104.94 $11.73 $4.24
Westbury 10 14  332,074 Sq. Ft. $154.21 $12.16 $3.79
Oceanside 13 19  268,703 Sq. Ft. $158.65 $14.29 $4.54
Hicksville 7 20  498,329 Sq. Ft. $157.61 $13.34 $4.04
Bethpage 1 10  424,288 Sq. Ft. $455.90 $15.96 $6.56
Syosset 3 17  363,292 Sq. Ft. $175.57 $13.63 $3.07
Plainview 6 23  469,715 Sq. Ft. $167.65 $14.20 $5.06
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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 20 42  899,150 Sq. Ft. $151.05 $13.01 $3.68
West Babylon 13 9  157,893 Sq. Ft. $134.75 $9.85 $4.13
Deer Park 8 16  210,197 Sq. Ft. $160.36 $10.41 $2.77
Hauppauge 26 31  1,436,647 Sq. Ft. $129.96 $9.67 $2.36
Edgewood 0 8  415,525 Sq. Ft. $12.00 $1.47
Bay Shore 14 14  445,082 Sq. Ft. $108.98 $9.36 $3.46
Islandia 6 13  155,800 Sq. Ft. $151.39 $10.00 $3.90
Bohemia 14 22  493,772 Sq. Ft. $126.43 $9.94 $2.93
Ronkonkoma 12 15  437,053 Sq. Ft. $119.53 $9.32 $2.36
Holbrook 7 17  709,007 Sq. Ft. $92.10 $8.33 $1.71
Calverton 0 3  88,250 Sq. Ft. $9.49 $1.62
Yaphank 15 11  713,731 Sq. Ft. $114.94 $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.