Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for May 2017
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. May 2015 May 2016 May 2017 2-year Change 1-year Change
4k-10k $149.08 $156.74 $182.30 22.3% 16.3%
11k-30k $113.92 $129.94 $169.02 48.4% 30.1%
31k-70k $93.04 $96.68 $134.18 44.2% 38.8%
71k-600k $98.65 $118.47 $130.09 31.9% 9.8%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. May 2015 May 2016 May 2017 2-year Change 1-year Change
4k-10k $11.72 $12.72 $14.52 23.9% 14.2%
11k-30k $10.98 $12.13 $12.51 14.0% 3.2%
31k-70k $9.95 $11.58 $12.36 24.2% 6.7%
71k-600k $11.41 $9.52 $12.92 13.3% 35.7%
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Number of Listings for Sale
Sq. Ft. May 2015 May 2016 May 2017 2-year Change 1-year Change
4k-10k 167 146 156 -6.6% 6.8%
11k-30k 150 128 142 -5.3% 10.9%
31k-70k 59 41 42 -28.8% 2.4%
71k-600k 24 25 27 12.5% 8.0%
Total 400 340 367 -8.3% 7.9%
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Number of Listings for Lease or Sublease
Sq. Ft. May 2015 May 2016 May 2017 2-year Change 1-year Change
4k-10k 243 210 211 -13.2% 0.5%
11k-30k 191 135 174 -8.9% 28.9%
31k-70k 83 55 61 -26.5% 10.9%
71k-600k 20 25 37 85.0% 48.0%
Total 537 425 483 -10.1% 13.6%

 

 

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 16 5  283,121 Sq. Ft. $204.67 $12.74 $5.44
Garden City Park 1 0  22,540 Sq. Ft. $144.42 $4.39
Hempstead 11 1  167,051 Sq. Ft. $163.36 $12.50 $4.11
Freeport 18 14  408,992 Sq. Ft. $105.53 $11.73 $4.19
Westbury 10 15  338,940 Sq. Ft. $155.89 $12.19 $3.79
Oceanside 11 18  257,803 Sq. Ft. $158.65 $14.63 $4.43
Hicksville 7 20  435,890 Sq. Ft. $157.61 $13.23 $4.04
Bethpage 2 11  438,546 Sq. Ft. $455.90 $15.94 $7.67
Syosset 3 14  338,387 Sq. Ft. $175.57 $13.85 $3.07
Plainview 7 22  480,811 Sq. Ft. $166.52 $14.25 $5.06
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 2 10  568,363 Sq. Ft. $145.46 $11.88 $1.93
Farmingdale 17 47  947,163 Sq. Ft. $152.26 $12.63 $3.23
West Babylon 13 10  161,393 Sq. Ft. $134.75 $9.92 $4.13
Deer Park 9 18  212,777 Sq. Ft. $158.86 $10.29 $3.25
Hauppauge 27 31  1,420,991 Sq. Ft. $132.34 $9.67 $2.39
Edgewood 0 9  465,525 Sq. Ft. $12.00 $1.47
Bay Shore 13 13  434,064 Sq. Ft. $108.32 $9.37 $3.33
Islandia 6 7  124,800 Sq. Ft. $151.39 $9.81 $3.90
Bohemia 12 22  454,220 Sq. Ft. $130.48 $10.02 $2.94
Ronkonkoma 11 12  347,932 Sq. Ft. $119.46 $9.13 $2.46
Holbrook 6 16  698,407 Sq. Ft. $89.31 $8.43 $1.63
Calverton 0 2  80,250 Sq. Ft. $8.88
Yaphank 15 10  769,411 Sq. Ft. $104.12 $7.31 $2.15
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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.