Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2015

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2015

Presented by Schacker Realty  631-293-3700

www.schackerrealty.com

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Average Listing Price/Sq. Ft.
Sq. Ft. Sep 2014 Aug 2015 Sep 2015 Annual Change Monthly Change
4k-20k $120.40 $127.24 $129.31 7.4% 1.6%
20k-50k $94.06 $101.19 $104.01 10.6% 2.8%
50k-600k $92.89 $95.67 $99.63 7.3% 4.1%
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Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Sep 2014 Aug 2015 Sep 2015 Annual Change Monthly Change
4k-20k $10.77 $11.71 $11.79 9.4% 0.6%
20k-50k $10.00 $10.43 $10.55 5.5% 1.2%
50k-600k $9.44 $11.45 $10.97 16.2% -4.2%
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Number of Listings for Sale
Sq. Ft. Sep 2014 Aug 2015 Sep 2015 Annual Change Monthly Change
4k-20k 279 280 280 0.4% 0.0%
20k-50k 103 95 94 -8.7% -1.1%
50k-600k 39 36 37 -5.1% 2.8%
Total 421 411 411 -2.4% 0.0%
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Number of Listings for Lease or Sublease
Sq. Ft. Sep 2014 Aug 2015 Sep 2015 Annual Change Monthly Change
4k-20k 417 358 359 -13.9% 0.3%
20k-50k 146 115 109 -25.3% -5.2%
50k-600k 63 41 45 -28.6% 9.8%
Total 626 514 513 -18.1% -0.2%

 

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
New Hyde Park 15 8  205,148 Sq. Ft. $183.43 $14.00 $5.02
Garden City Park 3 1  77,609 Sq. Ft. $137.87 $13.57 $5.55
Hempstead 9 8  207,694 Sq. Ft. $120.45 $13.18 $3.25
Freeport 14 10  253,135 Sq. Ft. $92.43 $10.85 $5.03
Westbury 11 16  362,208 Sq. Ft. $138.53 $11.69 $4.45
Oceanside 15 23  505,370 Sq. Ft. $92.74 $10.60 $3.81
Hicksville 10 23  722,929 Sq. Ft. $135.52 $10.03 $4.90
Bethpage 0 3  214,040 Sq. Ft. $13.43 $2.97
Syosset 3 15  528,585 Sq. Ft. $106.25 $12.01 $3.50
Plainview 7 20  454,277 Sq. Ft. $126.59 $12.42 $4.97
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Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 3 7  391,580 Sq. Ft. $137.82 $16.10 $1.84
Farmingdale 35 37  1,060,821 Sq. Ft. $112.52 $11.80 $3.01
West Babylon 14 13  228,492 Sq. Ft. $118.31 $8.49 $3.08
Deer Park 14 23  506,145 Sq. Ft. $103.48 $8.59 $2.76
Hauppauge 26 35  1,461,016 Sq. Ft. $123.35 $9.41 $2.61
Edgewood 1 10  522,870 Sq. Ft. $115.00 $2.60
Bay Shore 19 17  1,577,249 Sq. Ft. $101.66 $8.97 $2.75
Islandia 7 6  249,244 Sq. Ft. $112.47 $9.81 $2.59
Bohemia 15 25  336,554 Sq. Ft. $124.72 $9.99 $2.23
Ronkonkoma 14 25  591,800 Sq. Ft. $102.75 $9.64 $2.88
Holbrook 7 12  283,790 Sq. Ft. $86.95 $9.34 $1.70
Calverton 2 3  131,821 Sq. Ft. $259.84 $4.28
Yaphank 4 6  193,775 Sq. Ft. $105.56 $7.16 $2.74
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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.