LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR NOV 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Nov 2016 Nov 2017 Nov 2018 2-year Change 1-year Change
4k-10k $193.46 $210.13 $204.36 5.6% -2.7%
11k-30k $139.57 $151.53 $164.75 18.0% 8.7%
31k-70k $98.16 $115.78 $128.51 30.9% 11.0%
71k-600k $122.68 $113.93 $130.96 6.7% 14.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Nov 2016 Nov 2017 Nov 2018 2-year Change 1-year Change
4k-10k $12.54 $13.40 $14.21 13.3% 6.1%
11k-30k $11.56 $12.29 $12.95 12.0% 5.4%
31k-70k $9.88 $11.54 $12.99 31.5% 12.6%
71k-600k $10.54 $10.13 $12.54 18.9% 23.8%
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Number of Listings for Sale
Sq. Ft. Nov 2016 Nov 2017 Nov 2018 2-year Change 1-year Change
4k-10k 151 171 147 -2.6% -14.0%
11k-30k 129 125 112 -13.2% -10.4%
31k-70k 35 44 40 14.3% -9.1%
71k-600k 22 17 11 -50.0% -35.3%
Total 337 357 310 -8.0% -13.2%
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Number of Listings for Lease or Sublease
Sq. Ft. Nov 2016 Nov 2017 Nov 2018 2-year Change 1-year Change
4k-10k 210 205 153 -27.1% -25.4%
11k-30k 153 156 140 -8.5% -10.3%
31k-70k 48 42 52 8.3% 23.8%
71k-600k 26 20 18 -30.8% -10.0%
Total 437 423 363 -16.9% -14.2%

 

 
  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
Bethpage 3 8  203,209 Sq. Ft. $187.41 $15.09 $4.48
Carle Place 2 0  31,000 Sq. Ft. $167.74 $6.44
Floral Park 5 3  34,425 Sq. Ft. $285.57 $41.00 $5.31
Freeport 16 18  515,245 Sq. Ft. $136.19 $13.50 $3.64
Garden City 2 2  105,335 Sq. Ft. $228.51 $4.63
Garden City Park 0 3  67,200 Sq. Ft. $14.72 $4.38
Hempstead 6 3  70,423 Sq. Ft. $174.79 $13.00 $4.36
Hicksville 5 14  248,206 Sq. Ft. $187.94 $13.44 $4.37
Inwood 9 8  138,417 Sq. Ft. $199.78 $16.15 $3.21
Mineola 6 10  485,998 Sq. Ft. $120.35 $14.80 $4.49
New Hyde Park 10 6  133,074 Sq. Ft. $355.30 $19.70 $5.16
Oceanside 7 6  218,012 Sq. Ft. $150.12 $13.22 $4.14
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 3 9  237,660 Sq. Ft. $205.26 $14.32 $6.49
Port Washington 5 20  791,527 Sq. Ft. $148.20 $14.73 $4.87
Rockville Centre 3 0  28,397 Sq. Ft. $157.94 $4.99
Syosset 3 13  497,215 Sq. Ft. $195.67 $14.31 $3.33
Valley Stream 8 3  117,222 Sq. Ft. $201.92 $12.45 $6.20
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 3 12  141,223 Sq. Ft. $209.47 $14.01 $4.50
Woodbury 0 0   Sq. Ft.
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 2 7  126,382 Sq. Ft. $213.64 $10.00 $3.48
Bay Shore 8 10  199,181 Sq. Ft. $121.79 $10.41 $3.62
Bellport 5 1  125,533 Sq. Ft. $122.92 $2.30
Bohemia 8 15  319,854 Sq. Ft. $139.79 $11.03 $3.55
Calverton 1 3  121,400 Sq. Ft. $212.50 $4.95 $2.02
Central Islip 0 3  90,158 Sq. Ft. $9.59
Commack 2 5  206,427 Sq. Ft. $201.02 $12.50 $2.27
Copiague 10 4  112,244 Sq. Ft. $138.41 $19.70 $3.49
Deer Park 10 17  560,248 Sq. Ft. $215.02 $12.89 $2.87
East Setauket 6 2  192,525 Sq. Ft. $135.93 $16.00 $3.20
Edgewood 1 5  385,900 Sq. Ft. $151.00 $10.95 $3.38
Farmingdale 18 31  659,252 Sq. Ft. $176.05 $13.46 $3.30
Hauppauge 14 23  872,187 Sq. Ft. $144.09 $10.59 $2.56
Holbrook 4 4  112,418 Sq. Ft. $116.60 $10.60 $1.03
Holtsville 2 3  93,773 Sq. Ft. $135.00 $9.50 $2.12
Huntington Station 7 8  158,354 Sq. Ft. $137.44 $8.88 $3.54
Islandia 6 6  179,119 Sq. Ft. $125.52 $10.58 $4.20
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 4 4  153,971 Sq. Ft. $127.90 $9.73 $2.85
Medford 6 4  118,397 Sq. Ft. $197.05 $14.71 $2.65
Melville 2 7  271,393 Sq. Ft. $202.00 $13.51 $3.13
Patchogue 7 4  87,634 Sq. Ft. $130.29 $12.00 $3.00
Riverhead 8 3  143,035 Sq. Ft. $100.60 $11.40 $2.46
Ronkonkoma 28 23  678,322 Sq. Ft. $145.52 $11.58 $2.85
West Babylon 20 9  286,414 Sq. Ft. $135.38 $13.01 $2.87
Wyandanch 0 1  10,000 Sq. Ft.
Yaphank 12 9  255,142 Sq. Ft. $131.75 $12.24 $1.96
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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.