Hauppauge Office Rent Price & Sales Report

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%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Hauppauge market was 15.92% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Hauppauge was 14.83% in the Hauppauge submarket, while the highest office vacancy in the market was 27.03%, recorded in Islandia.

Office Spaces for Rent in New York

Coworking Spaces in New York

2024 Office Construction in Hauppauge, NY

Largest Office Properties Recently Completed in Hauppauge
Office building Address SF Completed
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
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
One Suffolk 1601 Veterans Memorial Highway, 11749 63,699 1987
140 Fell Court 140 Fell Court, 11788 45,000 1987
200 Parkway Drive South 200 Parkway Drive South, 11788 29,000 1987
One Suffolk Square 1601 Veterans Memorial Hwy, 11749 63,608 1986

Worth noting among recent office completions on the Hauppauge market is Crossroads North Corporate Park - 1393 Veterans Memorial Hwy, which is currently the largest new office development in the city, at 150,268 square feet.

Data provided by Yardi Research

See reports for other markets

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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.