Our team is always looking at the latest real estate insights on Long Island, and here is some data we’d like to share with you.
Here is a snapshot of the average sale cap rates from July 1st to September 30th, 2021 in Nassau and Suffolk County combined.
The sectors achieved the following average cap rate at sale: 6.2% for RETAIL, 7.1% for OFFICE, and 6.5% for INDUSTRIAL.
Do you want to know what cap rates are possible for your property? Our team can provide you with a Broker Price Opinion. Ask us about our Broker Price Opinions today.