Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Mar 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
Average Listing Price/Sq. Ft.
Sq. Ft. Mar 2015 Mar 2016 Mar 2017 2-year Change 1-year Change
4k-10k $149.56 $159.25 $177.54 18.7% 11.5%
11k-30k $113.70 $125.65 $164.18 44.4% 30.7%
31k-70k $90.66 $98.69 $119.99 32.3% 21.6%
71k-600k $95.65 $118.89 $127.69 33.5% 7.4%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Mar 2015 Mar 2016 Mar 2017 2-year Change 1-year Change
4k-10k $11.60 $12.40 $14.36 23.7% 15.8%
11k-30k $10.78 $11.87 $12.14 12.6% 2.2%
31k-70k $9.81 $11.08 $12.74 29.9% 15.0%
71k-600k $11.27 $10.16 $13.40 18.9% 31.9%
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Number of Listings for Sale
Sq. Ft. Mar 2015 Mar 2016 Mar 2017 2-year Change 1-year Change
4k-10k 158 150 151 -4.4% 0.7%
11k-30k 147 134 126 -14.3% -6.0%
31k-70k 58 44 42 -27.6% -4.5%
71k-600k 23 22 20 -13.0% -9.1%
Total 386 350 339 -12.2% -3.1%
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Number of Listings for Lease or Sublease
Sq. Ft. Mar 2015 Mar 2016 Mar 2017 2-year Change 1-year Change
4k-10k 237 218 221 -6.8% 1.4%
11k-30k 191 140 174 -8.9% 24.3%
31k-70k 78 59 58 -25.6% -1.7%
71k-600k 21 20 32 52.4% 60.0%
Total 527 437 485 -8.0% 11.0%

 

 

 
  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 17 7  302,349 Sq. Ft. $209.68 $13.78 $5.46
Garden City Park 1 0  65,180 Sq. Ft. $140.00 $3.47
Hempstead 11 1  94,453 Sq. Ft. $150.88 $12.50 $4.31
Freeport 18 15  377,092 Sq. Ft. $102.45 $12.56 $4.31
Westbury 11 14  374,167 Sq. Ft. $152.88 $12.33 $4.05
Oceanside 10 23  282,193 Sq. Ft. $118.81 $14.14 $4.35
Hicksville 7 20  494,109 Sq. Ft. $156.67 $13.31 $4.14
Bethpage 3 10  451,246 Sq. Ft. $285.10 $16.87 $7.48
Syosset 4 14  350,282 Sq. Ft. $172.86 $13.67 $3.12
Plainview 4 19  314,562 Sq. Ft. $179.73 $14.30 $4.84
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 2 10  531,773 Sq. Ft. $145.46 $12.06 $2.02
Farmingdale 15 55  930,492 Sq. Ft. $168.65 $13.32 $3.39
West Babylon 12 8  183,825 Sq. Ft. $108.11 $8.76 $3.77
Deer Park 9 16  203,461 Sq. Ft. $161.16 $10.83 $3.39
Hauppauge 24 29  1,393,154 Sq. Ft. $130.73 $9.79 $2.42
Edgewood 0 10  466,990 Sq. Ft.
Bay Shore 10 9  347,103 Sq. Ft. $107.44 $9.05 $3.28
Islandia 4 7  95,800 Sq. Ft. $144.51 $9.76 $3.90
Bohemia 12 25  473,320 Sq. Ft. $137.33 $10.02 $3.14
Ronkonkoma 13 19  458,802 Sq. Ft. $120.78 $9.08 $2.54
Holbrook 7 14  280,394 Sq. Ft. $84.08 $8.27 $1.56
Calverton 1 3  96,945 Sq. Ft. $155.68 $3.79 $1.89
Yaphank 15 9  666,299 Sq. Ft. $117.43 $7.28 $2.24
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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.