Long Island Industrial, Warehouse, And Manufacturing Property Market Trends for Apr 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Apr 2016 Apr 2018 Apr 2020 4-yr Change 2-yr Change 4k-10k 163.33 207.62 220.08 34.7% 6.0% 10k-30k 131.38 162.75 177.63 35.2% 9.1% 30k-70k 98.36 126.55 140.03 42.4% 10.7% 70k-999k 112.38 111.55 141.87 26.2% 27.2% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Apr…

SCHACKER REALTY ACQUIRES NEW INDUSTRIAL EXCLUSIVE LISTING IN PLAINVIEW

Schacker Realty is happy to announce the acquisition of a new lease listing for a 4,300 sq. ft. industrial space at 65 E Bethpage Road in Plainview. The warehouse has been recently painted and features 14′ high ceilings, 1 drive-in and a dedicated air-conditioned office. The property is situated on 1.43 acres in the Town…

SCHACKER REALTY HIRED FOR NEW EXCLUSIVE IN HAUPPAUGE

Schacker Realty is happy to announce that they’ve been hired for the sale or lease of a 97,558 sq. ft. industrial building at 60 David’s Drive in Hauppauge. Located in the highly desirable Hauppauge Industrial Park on 5.10 acres of land, the property is a distribution and processing center featuring high ceilings, cold storage, floor…

SCHACKER REALTY HIRED FOR NEW LEASE LISTING IN COMMACK

Schacker Realty is happy to announce that they’ve been hired to handle the subleasing of 40,000 sq. ft. industrial space at 75 Modular Avenue in Commack. The property is located at the entrance of the Hauppauge Industrial Park with direct access to the Northern State Parkway and the long Island Expressway. The space includes 4…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Mar 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Mar 2016 Mar 2018 Mar 2020 4-yr Change 2-yr Change 4k-10k 162.16 204.31 220.72 36.1% 8.0% 10k-30k 129.53 163.77 173.58 34.0% 6.0% 30k-70k 96.59 130.74 128.60 33.1% -1.6% 70k-999k 116.56 112.55 142.85 22.6% 26.9% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Mar…

Schacker Realty Acquires New Industrial Exclusive in Westbury

Schacker Realty is happy to announce the acquisition of a new sublease listing for 11,995 sq. ft. of industrial space at 810-820 Shames Drive in Westbury. The fully air-conditioned space consists of two units, both with office space and one drive-in per unit. The building is conveniently located near the Long Island Expressway, Northern Parkway,…

This Week in Long Island Business News – Schacker Real Estate Transactions

13 Hendrickson Ave., Lynbrook 13 Hendrickson LLC, an entity registered to an HVAC firm, purchased a 3,850-square-foot office building at 13 Hendrickson Ave. in Lynbrook for $1 million. Brian Lewis of Exp Realty represented the buyer, while James Parnes of Schacker Realty represented seller I. Levy Investments in the sales transaction.https://libn.com/2020/02/11/inked-recent-li-real-estate-deals-156/ 385 Bayview Ave., Amityville…

Schacker Realty Acquires New Lease Listing in Hicksville

Schacker Realty is pleased to announce a new exclusive lease listing for +/-19,000 sq. ft. of warehouse space at 400 Karin Ln in Hicksville. The space is fully air conditioned and features 2 docks, one drive-in, and a +/-2,000 sq. ft. clean room. Landlord is willing to build new offices to suit or lease the…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Feb 2016 Feb 2018 Feb 2020 4-yr Change 2-yr Change 4k-10k 159.21 212.18 222.71 39.9% 5.0% 10k-30k 127.71 160.83 174.27 36.5% 8.4% 30k-70k 96.86 128.01 132.99 37.3% 3.9% 70k-999k 122.04 122.74 140.90 15.5% 14.8% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Feb…