2024 Office Space Rent & Sales
- $25.28 2024 Avg. Asking Rent
- 0.10% Y-o-Y Avg. Asking Rent Change
- 15.92% 2024 Office Vacancy Rate
Hauppauge office price per square foot in 2024 was $25.28 on average. This marked a +0.10% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.92% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- New York Class A & A+ Office Space$59.04
- New York Class B Office Space$43.55
- New York Class C Office Space$35.67
Hauppauge, NY Office Asking Rents by Class
2024 Office Vacancy Rates in Hauppauge
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Hauppauge | $25.20 | 14.83% |
Islandia | $25.17 | 27.03% |
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2024 Office Construction in Hauppauge, NY
Office building | Address | SF | Completed |
---|---|---|---|
110 Marcus Blvd | 110 Marcus Blvd, 11788 | 28,392 | 2003 |
100 Motor Pkwy | 100 Motor Pkwy, 11788 | 223,000 | 2002 |
Crossroads North Corporate Park - 1393 Veterans Memorial Hwy | 1393 Veterans Memorial Hwy, 11788 | 150,268 | 1990 |
490 Wheeler Road | 490 Wheeler Road, 11788 | 53,303 | 1990 |
Hauppauge Office Park | 898 Veterans Memorial Hwy, 11788 | 278,000 | 1989 |
Islandia Pavilion | 1377 Motor Pkwy, 11749 | 170,000 | 1989 |
2150 Joshua's Path | 2150 Joshua's Path, 11788 | 43,797 | 1989 |
Crossroads North Corporate Park - 1363 Veterans Memorial Hwy | 1363 Veterans Memorial Hwy, 11788 | 25,332 | 1989 |
1300 Veterans Memorial Hwy. | 1300 Veterans Memorial Highway, 11788 | 25,200 | 1989 |
150 Motor Pkwy | 150 Motor Pkwy, 11788 | 201,258 | 1988 |
Worth noting among recent office completions on the Hauppauge market is 110 Marcus Blvd, which is currently the largest new office development in the city, at 28,392 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Hauppauge commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.