Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2016
Presented by Schacker Realty  631-293-3700
www.schackerrealty.com

                              
Average Listing Price/Sq. Ft.
Sq. Ft. Sep 2014 Sep 2015 Sep 2016 2-year Change 1-year Change
4k-10k $139.22 $151.05 $166.11 19.3% 10.0%
11k-30k $115.03 $119.94 $132.54 15.2% 10.5%
31k-70k $88.62 $99.88 $98.19 10.8% -1.7%
71k-600k $94.08 $119.32 $120.94 28.6% 1.4%
                              
Average Listing Rent/Sq. Ft. (including RE Taxes)
Sq. Ft. Sep 2014 Sep 2015 Sep 2016 2-year Change 1-year Change
4k-10k $11.37 $12.08 $12.83 12.8% 6.2%
11k-30k $10.50 $11.60 $12.41 18.2% 7.0%
31k-70k $9.52 $10.29 $10.86 14.0% 5.5%
71k-600k $9.19 $11.04 $10.34 12.5% -6.3%
                              
Number of Listings for Sale
Sq. Ft. Sep 2014 Sep 2015 Sep 2016 2-year Change 1-year Change
4k-10k 181 176 143 -21.0% -18.8%
11k-30k 139 141 130 -6.5% -7.8%
31k-70k 62 55 35 -43.5% -36.4%
71k-600k 22 23 28 27.3% 21.7%
Total 404 395 336 -16.8% -14.9%
                              
Number of Listings for Lease or Sublease
Sq. Ft. Sep 2014 Sep 2015 Sep 2016 2-year Change 1-year Change
4k-10k 289 233 203 -29.8% -12.9%
11k-30k 202 161 142 -29.7% -11.8%
31k-70k 88 73 53 -39.8% -27.4%
71k-600k 32 25 29 -9.4% 16.0%
Total 611 492 427 -30.1% -13.2%

 

                              
Listings For Sale Listings For Lease or Sublease Total Available Industrial Space Avg. Listing Sale Price Avg. Listing Lease Price Average Listing RE Taxes
                              
Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
New Hyde Park 15 5  265,625 Sq. Ft. $202.60 $14.12 $5.23
Garden City Park 1 2  86,280 Sq. Ft. $140.00 $13.14 $3.69
Hempstead 10 3  92,804 Sq. Ft. $131.38 $12.25 $3.54
Freeport 19 10  339,198 Sq. Ft. $103.16 $11.52 $4.60
Westbury 11 11  244,999 Sq. Ft. $158.65 $14.10 $3.50
Oceanside 12 20  372,253 Sq. Ft. $104.79 $14.44 $4.06
Hicksville 10 14  597,521 Sq. Ft. $148.65 $12.34 $5.39
Bethpage 0 11  458,432 Sq. Ft. $14.64
Syosset 2 11  300,658 Sq. Ft. $203.61 $13.23 $3.40
Plainview 4 19  324,823 Sq. Ft. $175.01 $12.97 $4.83
                              
Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
Melville 1 14  571,919 Sq. Ft. $150.00 $11.71 $1.84
Farmingdale 27 40  1,062,255 Sq. Ft. $123.99 $13.14 $3.19
West Babylon 17 13  267,193 Sq. Ft. $108.99 $8.64 $3.36
Deer Park 8 15  268,454 Sq. Ft. $150.22 $10.58 $3.75
Hauppauge 19 33  1,396,819 Sq. Ft. $125.46 $9.38 $2.52
Edgewood 1 6  508,100 Sq. Ft. $125.00 $10.00 $2.52
Bay Shore 10 13  770,868 Sq. Ft. $93.25 $8.78 $3.14
Islandia 1 7  44,395 Sq. Ft. $203.82 $10.82 $3.98
Bohemia 13 20  307,077 Sq. Ft. $135.41 $9.29 $2.75
Ronkonkoma 9 21  383,775 Sq. Ft. $107.98 $8.59 $2.41
Holbrook 7 14  636,840 Sq. Ft. $83.38 $8.87 $1.48
Calverton 1 1  75,821 Sq. Ft. $511.44 $4.00
Yaphank 12 7  609,978 Sq. Ft. $120.71 $7.35 $2.61
                              
# 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.