Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
.
Average Listing Price/Sq. Ft.
Sq. Ft. Oct 2014 Oct 2015 Oct 2016 2-year Change 1-year Change
4k-10k $139.74 $151.56 $180.51 29.2% 19.1%
11k-30k $113.55 $119.41 $133.45 17.5% 11.8%
31k-70k $88.45 $99.87 $97.53 10.3% -2.3%
71k-600k $95.07 $119.68 $121.26 27.5% 1.3%
.
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Oct 2014 Oct 2015 Oct 2016 2-year Change 1-year Change
4k-10k $11.32 $12.10 $13.15 16.1% 8.7%
11k-30k $10.55 $11.38 $12.43 17.9% 9.2%
31k-70k $9.55 $10.16 $10.72 12.2% 5.5%
71k-600k $9.18 $9.70 $10.47 14.0% 7.9%
.
Number of Listings for Sale
Sq. Ft. Oct 2014 Oct 2015 Oct 2016 2-year Change 1-year Change
4k-10k 183 175 145 -20.8% -17.1%
11k-30k 145 140 129 -11.0% -7.9%
31k-70k 61 54 34 -44.3% -37.0%
71k-600k 26 23 26 0.0% 13.0%
Total 415 392 334 -19.5% -14.8%
.
Number of Listings for Lease or Sublease
Sq. Ft. Oct 2014 Oct 2015 Oct 2016 2-year Change 1-year Change
4k-10k 288 229 213 -26.0% -7.0%
11k-30k 205 159 147 -28.3% -7.5%
31k-70k 89 72 54 -39.3% -25.0%
71k-600k 31 23 29 -6.5% 26.1%
Total 613 483 443 -27.7% -8.3%

 

 

Listings For Sale Listings For Lease or Sublease Total Available Industrial Space Avg. Listing Sale Price Avg. Listing Lease Price Average Listing RE Taxes
.
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park 15 6  273,625 Sq. Ft. $203.24 $14.12 $4.89
Garden City Park 1 1  74,280 Sq. Ft. $140.00 $12.00 $3.69
Hempstead 11 3  107,804 Sq. Ft. $131.69 $12.25 $3.46
Freeport 21 12  383,006 Sq. Ft. $108.76 $11.88 $4.58
Westbury 9 12  228,274 Sq. Ft. $171.53 $14.10 $3.60
Oceanside 12 21  385,583 Sq. Ft. $105.95 $14.45 $3.88
Hicksville 10 15  602,399 Sq. Ft. $148.23 $12.47 $5.39
Bethpage 0 9  435,932 Sq. Ft. $16.60 $6.56
Syosset 3 14  332,228 Sq. Ft. $196.09 $13.61 $3.40
Plainview 4 17  320,023 Sq. Ft. $175.01 $12.98 $4.83
.
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 1 13  535,919 Sq. Ft. $150.00 $12.52 $1.92
Farmingdale 26 37  985,508 Sq. Ft. $126.89 $13.53 $3.13
West Babylon 18 13  267,188 Sq. Ft. $111.28 $8.66 $3.47
Deer Park 7 17  272,501 Sq. Ft. $182.76 $10.74 $3.90
Hauppauge 19 33  1,436,054 Sq. Ft. $125.48 $9.25 $2.48
Edgewood 0 7  429,105 Sq. Ft. $10.00
Bay Shore 10 13  770,868 Sq. Ft. $101.72 $8.78 $3.14
Islandia 1 5  27,710 Sq. Ft. $203.82 $10.90 $3.98
Bohemia 11 25  388,969 Sq. Ft. $138.43 $9.34 $2.75
Ronkonkoma 8 20  379,596 Sq. Ft. $107.94 $9.27 $2.78
Holbrook 8 17  714,575 Sq. Ft. $80.97 $9.03 $1.65
Calverton 0 1  68,000 Sq. Ft. $4.00
Yaphank 13 7  668,678 Sq. Ft. $120.49 $7.35 $2.45
.
.
# 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.