New York City has a booming. The internet economy has catapulted the industrial warehouse industry forward to be one of the leading performing real estate sectors in the country. E-Commerce has generated a tremendous need for a robust supply of Last Mile warehouse locations.
If you’re a business looking to lease warehouse space in New York City then you should have a comprehensive understanding of the current state of the industrial space market in New York City.
The boroughs with the most warehouse space in New York City are Brooklyn and Queens, then followed by The Bronx and Staten Island.
i) The neighborhoods in Brooklyn with the most warehouse / industrial space are Williamsburg, East Williamsburg, Bushwick, Greenpoint, The Navy Yard, Dumbo, Gowanus, Red Hook, Sunset Park, East New York, and Canarsie.
ii) The neighborhoods in Queens with the most warehouse / industrial space are Long Island City, Maspeth, Woodside, Ridgewood, Jamaica, Ozone Park, Flushing, and College Point.
iii) The Bonx has a fair amount of warehouse space evenly distributed from the South Bronx, Central Bronx and all the way up through Northern Bronx, however The South Bronx and Hunt’s point tend to have the largest number of available warehouse spaces.
iv) Much of Staten Island’s warehouse space can be found in its ports along the coast.
If you’re looking to rent warehouse space in New York City’s two largest industrial markets, Brooklyn and Queens then you’ll commonly be looking at asking prices from $20 to $30 per square foot.
Some important things to look out for in determining your next warehouse location is how much power does the warehouse have, whether there is a loading dock or a drive in gate, how high are the ceilings, and how close you are important highways and roadways along with how close you are the public transportation.
At Corbett & Dullea Real Estate we work with many different types of business’ in search of warehouse space to lease in New York City; E-Commerce, TV / Film Studios, Fabrication, Fulfillment & Distribution, Wholesalers, Moving Companies, General Contractors, Storage, and many other business’ too in search of warehouse / industrial space to rent in New York City. At Corbett & Dullea we can help you find the perfect warehouse location for your business.