Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Feb 2025

Presented by Schacker Realty 631-293-3700
www.schackerrealty.com


Average Listing Sale Price/Sq. Ft.
Sq. Ft.Feb 2021Feb 2023Feb 20254-yr Change2-yr Change
4k-10k205.68247.28278.7835.5%12.7%
10k-30k176.15234.59254.8444.7%8.6%
30k-70k152.72198.11244.1259.8%23.2%
70k-999k174.96189.71206.1817.8%8.7%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Feb 2021Feb 2023Feb 20254-yr Change2-yr Change
4k-10k15.6917.2719.1021.7%10.6%
10k-30k14.2217.9618.9533.3%5.5%
30k-70k14.4216.7417.7222.9%5.9%
70k-999k15.0719.4120.1333.6%3.7%

Number of Listings for Sale
Sq. Ft.Feb 2021Feb 2023Feb 20254-yr Change2-yr Change
4k-10k926652-43.5%-21.2%
10k-30k806370-12.5%11.1%
30k-70k401724-40.0%41.2%
70k-999k1141318.2%225.0%
Totals223150159-28.7%6.0%

Number of Listings for Lease or Sublease
Sq. Ft.Feb 2021Feb 2023Feb 20254-yr Change2-yr Change
4k-10k1861251891.6%51.2%
10k-30k12611114615.9%31.5%
30k-70k62477825.8%66.0%
70k-999k38687084.2%2.9%
Totals41235148317.2%37.6%

Nassau Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings for SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Baldwin2168,675$135.80$18.00$2.94
Bethpage110560,357$271.48$20.78$3.03
East Rockaway3494,940$258.62$20.00$3.97
Farmingdale1321,420$274.76$21.00$5.08
Floral Park2119,746$291.74$26.00$3.82
Freeport59143,673$286.54$25.24$2.97
Garden City19329,517$294.54$24.72$4.25
Garden City Park1373,498$337.69$22.50$6.34
Glen Cove36117,002$196.14$17.40$2.61
Hempstead1437,104$277.94$19.88$7.44
Hicksville232695,729$329.22$19.84$4.67
Inwood113507,692$200.00$24.07$3.76
Island Park35109,948$251.41$22.98$3.10
Lynbrook1248,577$233.57$23.30$4.31
New Hyde Park17219,276$275.83$19.25$4.14
Oceanside116125,781$128.54$21.53$5.23
Plainview111223,300$323.82$21.73$5.23
Port Washington23179,655$274.02$20.96$4.09
Syosset114174,700$319.35$21.85$4.47
Valley Stream46121,850$272.82$21.00$6.65
Westbury514678,749$269.13$19.02$3.55
Mineola9252,164$23.40$2.78
Rockville Centre312,080$15.36
Woodbury3178,967$23.00$6.73

Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces
CityListings for SaleListings for Lease or SubleaseTotal Available Industrial Space (Sq. Ft.)Avg. Listing Sale Price (/Sq. Ft.)Avg. Listing Lease Price (/Sq. Ft.)Avg. Listing RE Taxes (/Sq. Ft.)
Amityville715857,310$223.91$14.96$2.15
Bay Shore5151,062,456$257.91$17.06$2.22
Bellport3168,803$205.94$19.00$2.02
Bohemia820562,122$266.13$17.09$2.56
Brentwood210503,672$240.52$14.48$2.15
Center Moriches2459,834$173.96$19.50$2.10
Central Islip211862,539$251.92$17.02$3.61
Commack110265,058$304.47$19.97$2.75
Copiague67113,107$244.57$16.82$2.68
Deer Park523629,281$264.64$17.59$2.48
Edgewood14315,897$250.00$18.96$3.40
Farmingdale12451,096,353$292.68$18.72$3.06
Hauppauge7471,981,384$243.95$18.87$2.76
Holbrook320453,869$247.79$15.50$2.47
Holtsville44103,006$280.49$16.00$4.00
Huntington Station2349,282$233.38$15.00$2.66
Islandia17467,114$237.50$20.00$3.38
Lindenhurst24106,770$306.66$15.95$2.12
Medford78488,743$243.10$20.76$1.21
Melville2141,518,526$183.48$22.08$2.47
Patchogue1361,950$250.00$15.00$2.13
Riverhead2461,405$176.10$18.31$2.68
Rocky Point1214,000$275.00$12.21$2.92
Ronkonkoma1017568,930$289.75$16.30$2.35
Saint James1225,500$250.00$16.50
Shirley13331,900$331.63$18.98
West Babylon1019244,296$278.79$17.13$3.24
Bayport371,681
Calverton7294,051$15.87$1.96
Islip316,085$18.00$15.82
Westhampton Beach551,566$27.17$1.90
Yaphank8942,803$18.05$0.14

# 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.