Mixed-Use Property with Gated
For Sale
Contact for pricing
Pending
1191 Grundy Ave, Holbrook, NY 11741
Three-unit commercial property with a gated yard, on-site parking, and updated LED lighting.
Property SizeContact for details
Days on Market143
Property Features for 1191 Grundy Ave
General Information
Standard status
Pending
Total Parking Spaces
38
Property subtype
Retail, Mixed Use
Site & Location
Corner Location
Yes
Road Access
Yes
Additional Details
Cap Rate
9.67%
Amenities
excellent signage
great exposure
high ceilings
LED lighting
curb cuts
gated yard
Building Details
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This mixed-use property contains three units and is occupied by a national tenant. Physical features include a large gated yard, 38 parking spaces, 10-foot ceilings, two curb cuts, prominent signage, and newly installed LED lighting. The property also carries a 9.67 cap rate.
The site occupies the corner of Grundy Avenue and Donald Boulevard in Holbrook, with 220 feet of frontage along Grundy Avenue. MacArthur Airport is a few minutes away, and surrounding commercial operators include Costco, Walmart, Hilton Hotels, Sam’s Club, CVS, Trader Joe’s, Kohl’s, Wyndham Hotels, Burlington, and Regal Cinemas. The property can accommodate continued commercial use or future development, as supported by the existing site features and configuration.
The site occupies the corner of Grundy Avenue and Donald Boulevard in Holbrook, with 220 feet of frontage along Grundy Avenue. MacArthur Airport is a few minutes away, and surrounding commercial operators include Costco, Walmart, Hilton Hotels, Sam’s Club, CVS, Trader Joe’s, Kohl’s, Wyndham Hotels, Burlington, and Regal Cinemas. The property can accommodate continued commercial use or future development, as supported by the existing site features and configuration.
Key Highlights
- 9.67 cap rate with a national tenant in place
- Three‑unit mixed‑use property with a large gated yard
- 38 parking spaces, 10‑foot ceilings, and two curb cuts
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
651
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Ralph's Famous Italian Ices
Dining
651 visits/mo
0.1 miles
Demographics for 11741, NY
27,046
Population
9,310
Households
2.9
Avg Household Size
43
Median Age
33%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
3,606
Density / Sq Mi
$138,417
Median Household Income
$60,648
Median Earnings
$2,434
Median Rent
$504,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit commercial property with a gated yard, on-site parking, and updated LED lighting.
Where is this mixed-use property located?
The property is located at 1191 Grundy Ave Holbrook, NY.
What are key features of this property?
This property features: 9.67 cap rate with a national tenant in place; Three‑unit mixed‑use property with a large gated yard; 38 parking spaces, 10‑foot ceilings, and two curb cuts
