Why implement your industrial space in Long Island?

Industrial space for lease in Long Island presents a wealth of opportunities for businesses looking for efficient and strategically located facilities. With a diverse inventory of warehouses, manufacturing spaces, and distribution centers, Long Island caters to the needs of various industries. These industrial properties often boast modern amenities, such as high ceilings, ample loading docks, advanced infrastructure, and flexible layouts to accommodate different operational requirements.

Additionally, Long Island's advantageous location provides excellent connectivity to major transportation networks, including highways, ports, and airports, facilitating efficient logistics and supply chain operations. Whether it's for storage, production, or distribution purposes, the available industrial space for lease on Long Island offers businesses a competitive edge in a dynamic and thriving marketplace.

How much does it cost to rent an industrial space in Long Island?

The cost of renting an industrial space in Long Island can vary depending on several factors, including the location, size, condition, and specific features of the property. Industrial space rental rates on Long Island typically range from around $10 to $30 per square foot annually.

To read: our Long Island MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Long Island?

Long Island has historically experienced fluctuations in its commercial real estate market, including industrial spaces, with periods of growth and stability.

Factors such as economic growth, increased demand for industrial space, limited supply, and infrastructure development can contribute to rent increases. Additionally, changes in zoning regulations, market competition, and shifts in industry demands can also impact rental rates. However, it's important to consider that economic downturns or changes in market conditions can potentially lead to stagnation or even decreases in rental prices.

Popular neighborhoods in Long Island

Long Island offers a variety of popular neighborhoods for leasing industrial space, each with its own unique characteristics and advantages. Here are a few notable neighborhoods:

• Hauppauge: Located in Suffolk County, Hauppauge is a sought-after neighborhood for industrial space leasing. It benefits from its central location, proximity to major highways, and a range of industrial parks and commercial complexes. 
  
• Farmingdale: Situated in Nassau County, Farmingdale is home to a thriving industrial sector. It features a mix of industrial parks, warehouse facilities, and manufacturing spaces. Its convenient access to major roadways like the Long Island Expressway makes it an attractive location for businesses. 
  
• Hicksville: Hicksville is a well-connected neighborhood in Nassau County, making it an ideal choice for industrial space leasing. It offers a variety of industrial properties, including warehouses, distribution centers, and manufacturing facilities. 
  
• Deer Park: Located in Suffolk County, Deer Park has emerged as a popular destination for industrial leasing. It provides a range of industrial spaces suitable for various industries, including logistics, wholesale trade, and light manufacturing. 
  
• Ronkonkoma: Ronkonkoma, situated in Suffolk County, is known for its excellent transportation infrastructure. It offers industrial spaces in close proximity to Long Island MacArthur Airport and major highways, making it convenient for distribution and logistics operations. 

Getting to and from Long Island

Getting to and from Long Island is convenient due to its proximity to major transportation hubs. Here are some common modes of transportation for traveling to and from Long Island:

• Air Travel: Long Island is served by several airports. The major airport is John F. Kennedy International Airport (JFK), located in Queens, which provides both domestic and international flights. LaGuardia Airport (LGA), also in Queens, is another option for domestic travel. Additionally, Long Island MacArthur Airport (ISP) in Ronkonkoma offers domestic flights and is a convenient choice for travelers within the region.
• Train: The Long Island Rail Road (LIRR) is a reliable and popular mode of transportation for commuting to and from Long Island. It connects major Long Island towns and cities with Penn Station in Manhattan, providing easy access to New York City. The LIRR offers both regular and express train services, making it a convenient option for both work and leisure travel.
• Car: Long Island is accessible by car via several major highways, including the Long Island Expressway (I-495), Northern State Parkway, Southern State Parkway, and Sunrise Highway. These highways connect Long Island to other parts of New York State, including New York City, as well as neighboring states.
• Ferry: Long Island is also served by ferry services, primarily connecting to nearby coastal areas. The Cross Sound Ferry operates between Orient Point on the eastern tip of Long Island and New London, Connecticut. There are also ferry services that connect Fire Island, a popular beach destination, to mainland Long Island.
• Public Transportation: Long Island has an extensive public transportation network, including buses that serve various towns and cities within the region. These buses provide convenient local transportation options, connecting residents and visitors to shopping centers, residential areas, and transportation hubs.