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

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


Average Listing Sale Price/Sq. Ft.
Sq. Ft.Jan 2021Jan 2023Jan 20254-yr Change2-yr Change
4k-10k206.10246.31278.3935.1%13.0%
10k-30k177.58231.87250.2940.9%7.9%
30k-70k151.08197.90245.3162.4%24.0%
70k-999k167.66186.39209.1524.7%12.2%

Average Listing Rent/Sq. Ft. (Including RE Taxes)
Sq. Ft.Jan 2021Jan 2023Jan 20254-yr Change2-yr Change
4k-10k15.6517.2219.1622.4%11.3%
10k-30k14.3417.9518.8931.7%5.2%
30k-70k14.1716.5917.6624.6%6.4%
70k-999k14.9219.0720.0834.6%5.3%

Number of Listings for Sale
Sq. Ft.Jan 2021Jan 2023Jan 20254-yr Change2-yr Change
4k-10k986253-45.9%-14.5%
10k-30k777069-10.4%-1.4%
30k-70k401824-40.0%33.3%
70k-999k135147.7%180.0%
Totals228155160-29.8%3.2%

Number of Listings for Lease or Sublease
Sq. Ft.Jan 2021Jan 2023Jan 20254-yr Change2-yr Change
4k-10k1771141917.9%67.5%
10k-30k12010414117.5%35.6%
30k-70k61437421.3%72.1%
70k-999k38656981.6%6.2%
Totals39632647519.9%45.7%

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
Farmingdale1326,833$274.76$17.00$5.08
Freeport68170,673$272.12$25.24$2.97
Garden City19329,517$294.54$24.71$4.25
Garden City Park1373,498$337.69$22.50$6.34
Glen Cove37128,502$196.14$20.40$2.61
Hempstead1448,799$277.94$19.88$11.56
Hicksville223528,484$329.22$19.55$4.40
Inwood113551,924$200.00$23.56$3.51
Island Park34107,948$251.41$22.98$3.10
New Hyde Park26206,930$291.02$19.25$3.86
Oceanside218144,343$198.62$21.50$4.44
Plainview112225,292$323.91$20.88$5.41
Port Washington23179,655$287.91$21.01$3.89
Syosset112162,300$319.35$22.29$4.47
Valley Stream46121,850$272.82$22.50$6.65
Westbury511592,432$270.74$19.21$3.59
Mineola10259,464$22.72$2.78
Rockville Centre315,349$15.30
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.)
Amityville913582,510$227.07$15.00$2.28
Bay Shore615981,090$251.20$17.57$2.41
Bellport3382,303$205.94$19.20$2.02
Bohemia417520,532$273.51$15.71$2.51
Brentwood18465,582$250.00$15.32$2.14
Center Moriches1318,334$191.30$20.67$2.10
Central Islip29826,293$251.92$15.73$3.54
Commack110265,058$304.47$19.97$2.75
Copiague59130,429$238.99$17.06$2.64
Deer Park624640,866$262.21$17.82$2.79
Edgewood14315,897$250.00$18.96$3.40
Farmingdale12451,085,189$281.26$19.06$3.11
Hauppauge7502,094,900$240.37$18.76$2.75
Holbrook420502,109$251.45$16.05$2.45
Holtsville44103,006$285.49$16.50$4.00
Huntington Station2454,482$233.38$16.50$2.66
Islandia18588,034$237.50$20.50$3.38
Islip1318,193$280.97$18.99$9.40
Lindenhurst44139,166$254.96$15.75$2.44
Medford78488,743$243.10$20.69$1.85
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
Ronkonkoma815527,930$285.72$16.64$2.24
Saint James1225,500$250.00$16.50
Shirley13331,900$331.63$18.98
West Babylon915232,089$277.53$17.36$3.28
Bayport371,681
Calverton8350,851$16.28$1.96
Westhampton Beach654,011$25.10
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.