Long Island commercial real estate

Long Island commercial real estate

The Avison Young Long Island office provides commercial real estate services to tenants, property owners, investors and developers

Avison Young’s Long Island office has become one of the area’s premier client-focused, full-service providers of commercial real estate. Our experienced team of commercial real estate advisors cover all major industry sectors, including office, industrial, investments, retail, and mixed-use developments. Long Island, located in the southeast part of New York state, is adjacent to New York City which benefits its residents, space occupiers and our overall economy. In utilizing our Avison Young’s “no-silo” approach to partnership, we provide reliable, efficient services for owners and investors alike, as well as for users and occupants.

We work on behalf of tenants, landlords, investors, and buyers alike, including many large national and international corporate clients. Avison Young’s Long Island office frequently partners with the company’s brokerage operations throughout the United States, Canada and Mexico - and across the globe to service its local clients and their needs.

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Long Island commercial real estate services

Avison Young’s brokerage team in Long Island has consistently completed major leasing and investment sales transactions across all asset types. We’ve worked on the behalf of tenants, landlords, investors, vendors and buyers alike, including many large national and international corporate clients.

Whether you are an owner, investor, occupier or developer, we deliver results aligned with your strategic business objectives. Our Long Island commercial real estate advisors are here to support your initiatives, add value, and build a competitive advantage for your organization.

 

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Find Long Island properties for sale or lease

Search Avison Young’s Long Island commercial real estate listings for sale and lease to find the right commercial property for you. Our investment and leasing opportunities include office, industrial, warehouse, retail, multifamily and hospitality properties. We also offer specialized spaces for healthcare, automotive, self-storage and more.

Long Island commercial real estate insights

Reopening efforts, higher vaccination rates, and additional market dynamics show a promising future for the Long Island office market.

Long Island office market report (Q1 2023)

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Greater Long Island Area commercial real estate news

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Long Island commercial real estate consultants

Long Island

58 South Service Road

Suite 110

Melville, NY 11747

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Ted Stratigos

Principal, Managing Director

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Contact a commercial real estate advisor in Long Island

Our commercial real estate brokers and advisors leverage data-driven intelligence paired with deep Long Island knowledge. Connect with us to discuss how we can help you drive more value from your assets. 

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Avison Young in Long Island

Avison Young entered the Long Island market in 2013 to expand the company’s market presence in the northeast. The Long Island operations’ integrated platform includes best-in-class expertise and support across all industry sectors, including tenant representation, landlord representation, capital markets, property management and project management.

Services

User/Occupier Owner/Investor
Transaction Management Landlord Representation
Tenant Representation Investment Sales
Consulting and Advisory Debt and Equity
Facility Management Note Sales
Project Management Property Management
Enterprise Solutions Investment and Asset Management
  Valuation and Advisory
  Project Management
   

Area Overview

Long Island is located in the southeast part of New York state, adjacent to New York City and stretching out into the Atlantic Ocean. Totaling 1,198 square miles of land area, Long Island is divided into two counties, Nassau and Suffolk. With a census-estimated population of 2.8 million, Long Island is the most populated island in any U.S. state or territory, and the 17th-most populous island in the world. Nine bridges and 13 tunnels (including railway tunnels) connect Brooklyn and Queens (two boroughs which are connected to Long Island) to the three other boroughs of New York City. Ferries connect Suffolk County northward across Long Island Sound to the state of Connecticut. Leading industries include financial services, construction, manufacturing, trade, transportation and utilities, professional and business services, healthcare, and leisure and hospitality.

Markets

OFFICE

The Long Island market, which is larger than most suburban markets, is comprised of 63 million square feet of office space.  Despite some significant positive gains and recovery from a major hurricane, Long Island’s economy remains sluggish, but is improving.  Nassau and Suffolk counties have the fastest-growing economies in New York and private-sector jobs have grown at the fastest rate of any metro area in the state.  Long Island has now gained back all of the jobs it lost after the financial crisis and added over 20,000 more.

RETAIL

The Long Island market is challenging due to its high demand for high-end retail space and strong demographics in varying areas of the island.  Long Island offers one of the lowest retail square footages per capital in the country, second highest market to the perimeter boroughs of New York City. 

INDUSTRIAL

Long Island is a unique industrial real estate market comprising of over 200 million square feet.  It is surrounded by the Long Island Sound and the Atlantic Ocean, and has limited access through New York City by trucks over bridges, limited train access and a very limited number of ports for sea access.  Long Island was once the cradle of aviation and provided room for expansion of industrial and warehouse space as New York City was transforming into the financial capital of the world, driving up prices on industrial real estate in the five boroughs.