Eastern Nassau
Long Island - NY USA - Industrial Submarket
Industrial real estate intelligence for the Eastern Nassau submarket. 26.9M SF of inventory with 7.1% vacancy. Data sourced from various MLS platforms.
26.9MSF
Inventory
2.6MSF
Available
7.1%
Vacancy
9.4%
Availability Rate
$21.86
Asking Rent
3.3%
Rent Growth
-1,798SF
12mo Absorption
240KSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.9%%
Sale Price/SF
$220
Cap Rate
8.4%%
12mo Sales Volume
$112,223,471
Sales Vol Growth
78.4%
Asset Value
$5,974,767,077
Net Absorption
-1,798 SF
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 31 Farinella Dr | 48,235 | $12.40 - 15.16 (Est.) | New Vernon Equities |
| 115 Bi-County Blvd | 5,050 | $16.50 | Aresco Management |
| 500 Commack Rd | 36,552 | $14.75 - 18.03 (Est.) | Steel Equities |
Data Centre Development Potential
Moderate vacancy (7.1%) in Eastern Nassau suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 240K SF indicates developer confidence in the submarket. Negative absorption of 2K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
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Evaluating Eastern Nassau for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.