In 2023 the Suffolk County, NY commercial real estate market totaled 22,689,993 square feet of office spaces, 30,895,260 square feet of office spaces with retail, and 61,757,158 square feet of industrial space.
Office Spaces
Total: 22,689,993 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
5,192,648 SqFt |
22.89% of total office |
| 100k to 500k SqFt |
13,337,475 SqFt |
58.78% of total office |
| 500k to 1M SqFt |
1,546,370 SqFt |
6.82% of total office |
| > 1M SqFt |
2,613,500 SqFt |
11.52% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
6,016,700 SqFt |
26.52% of total office |
| Class B |
11,790,246 SqFt |
51.96% of total office |
| Class C |
525,591 SqFt |
2.32% of total office |
Roughly 6.82% of the total office space in Suffolk County, NY is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 22.89% of the office inventory.
Class A office space holds a 26.52% share of the overall Suffolk County, NY office market, while Class B office assets make up approximately 51.96%.
Industrial
Total: 61,757,158 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
19,350,428 SqFt |
31.33% of total industrial |
| 100k to 500k SqFt |
37,790,417 SqFt |
61.19% of total industrial |
| 500k to 1M SqFt |
4,616,313 SqFt |
7.47% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
13,692,445 SqFt |
22.17% of total industrial |
| Class B |
43,480,938 SqFt |
70.41% of total industrial |
| Class C |
1,556,276 SqFt |
2.52% of total industrial |
There are 37,790,417 square feet of commercial real estate properties between 100k to 500k square feet, representing 61.19% of the Suffolk County, NY industrial inventory. Class A assets total 13,692,445 square feet of industrial space, with an additional 43,480,938 square feet of Class B and 1,556,276 square feet of Class C properties.
Office Spaces with Retail
Total: 30,895,260 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
6,882,166 SqFt |
22.28% of total office with retail |
| 100k to 500k SqFt |
19,956,094 SqFt |
64.59% of total office with retail |
| 500k to 1M SqFt |
507,000 SqFt |
1.64% of total office with retail |
| > 1M SqFt |
3,550,000 SqFt |
11.49% of total office with retail |
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