Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2015 |
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Presented by Schacker Realty 631-293-3700 |
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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. |
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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. | ||||||