Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2018
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com
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Average Listing Price/Sq. Ft.
Sq. Ft. Oct 2016 Oct 2017 Oct 2018 2-year Change 1-year Change
4k-10k $193.85 $213.87 $204.84 5.7% -4.2%
11k-30k $136.41 $144.37 $164.78 20.8% 14.1%
31k-70k $92.31 $112.04 $130.45 41.3% 16.4%
71k-600k $119.75 $113.93 $130.96 9.4% 14.9%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Oct 2016 Oct 2017 Oct 2018 2-year Change 1-year Change
4k-10k $12.38 $13.48 $14.28 15.3% 5.9%
11k-30k $11.68 $12.06 $13.12 12.3% 8.7%
31k-70k $9.62 $11.57 $12.83 33.4% 10.9%
71k-600k $11.06 $10.13 $11.13 0.6% 9.8%
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Number of Listings for Sale
Sq. Ft. Oct 2016 Oct 2017 Oct 2018 2-year Change 1-year Change
4k-10k 139 166 145 4.3% -12.7%
11k-30k 126 129 111 -11.9% -14.0%
31k-70k 31 46 43 38.7% -6.5%
71k-600k 23 17 11 -52.2% -35.3%
Total 319 358 310 -2.8% -13.4%
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Number of Listings for Lease or Sublease
Sq. Ft. Oct 2016 Oct 2017 Oct 2018 2-year Change 1-year Change
4k-10k 207 202 157 -24.2% -22.3%
11k-30k 139 168 134 -3.6% -20.2%
31k-70k 46 45 50 8.7% 11.1%
71k-600k 29 20 17 -41.4% -15.0%
Total 421 435 358 -15.0% -17.7%

 

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. $291.52 $41.00 $5.31
Freeport 16 18  516,245 Sq. Ft. $136.19 $13.50 $3.66
Garden City 1 2  91,415 Sq. Ft. $226.89 $4.43
Garden City Park 0 2  32,000 Sq. Ft. $14.72 $4.31
Hempstead 5 4  74,563 Sq. Ft. $171.34 $13.33 $4.60
Hicksville 5 13  455,969 Sq. Ft. $187.94 $13.16 $4.26
Inwood 9 8  137,870 Sq. Ft. $185.53 $16.15 $3.18
Mineola 6 11  496,742 Sq. Ft. $117.65 $15.50 $4.49
New Hyde Park 9 7  137,135 Sq. Ft. $364.60 $17.39 $5.07
Oceanside 8 6  251,612 Sq. Ft. $142.17 $13.22 $3.89
Oyster Bay 1 0  5,840 Sq. Ft. $222.60 $3.21
Plainview 3 11  181,008 Sq. Ft. $205.26 $14.33 $6.49
Port Washington 5 10  728,477 Sq. Ft. $148.20 $14.23 $4.87
Rockville Centre 3 0  28,397 Sq. Ft. $157.94 $4.99
Syosset 3 13  497,215 Sq. Ft. $195.67 $14.23 $3.36
Valley Stream 9 4  118,198 Sq. Ft. $198.71 $10.93 $6.76
West Hempstead 0 1  18,000 Sq. Ft. $14.00
Westbury 2 12  136,093 Sq. Ft. $209.47 $14.05 $3.27
Woodbury 0 0   Sq. Ft.
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Amityville 2 4  69,932 Sq. Ft. $213.64 $10.22 $3.48
Bay Shore 8 10  222,181 Sq. Ft. $121.90 $10.47 $3.62
Bellport 5 1  125,533 Sq. Ft. $122.92 $2.30
Bohemia 9 17  365,854 Sq. Ft. $158.55 $12.74 $3.35
Calverton 1 4  123,850 Sq. Ft. $212.50 $4.95 $2.02
Central Islip 0 3  90,158 Sq. Ft. $9.59
Commack 2 3  182,427 Sq. Ft. $201.02 $12.50 $2.81
Copiague 11 4  144,676 Sq. Ft. $133.01 $19.70 $3.32
Deer Park 11 17  234,128 Sq. Ft. $212.60 $13.44 $3.49
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 19 30  680,307 Sq. Ft. $175.93 $13.28 $3.46
Hauppauge 12 18  756,366 Sq. Ft. $140.63 $10.69 $2.64
Holbrook 3 8  128,628 Sq. Ft. $115.71 $11.42 $1.57
Holtsville 2 3  110,782 Sq. Ft. $135.00 $9.50 $2.12
Huntington Station 6 7  112,254 Sq. Ft. $132.76 $9.24 $3.80
Islandia 6 7  183,664 Sq. Ft. $125.52 $10.99 $4.06
Islip 1 0  13,112 Sq. Ft. $98.76 $4.29
Lindenhurst 5 4  163,438 Sq. Ft. $128.63 $10.04 $2.86
Medford 6 7  133,883 Sq. Ft. $197.05 $11.96 $2.65
Melville 2 8  298,885 Sq. Ft. $249.68 $13.35 $3.06
Patchogue 6 3  70,234 Sq. Ft. $130.79 $12.00 $3.26
Riverhead 8 4  150,045 Sq. Ft. $100.60 $11.66 $2.40
Ronkonkoma 29 18  572,747 Sq. Ft. $146.53 $11.05 $2.92
West Babylon 20 10  296,814 Sq. Ft. $136.04 $12.83 $2.91
Wyandanch 0 3  181,268 Sq. Ft. $8.50
Yaphank 12 9  362,313 Sq. Ft. $137.20 $9.88 $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.