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    6-Unit Retail Strip Mall Title is generated by Realmo AI

    1225-1235 Grundy Ave, Holbrook, NY 11741

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    Fully occupied 6-unit retail strip mall with parking and strong roadway access.

    Type:Retail
    Property size:
    5,430 SF
    Price / SF:
    $368/SF
    Added:
    Jun 5, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 20 at 6:37 am

    Property Features for 1225-1235 Grundy Ave

    General Information

    Standard status
    Active
    Size
    5,430 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1960

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    Listing Contact
    Jason Kontakis
    Jason Kontakis

    Listing agent Jason Kontakis License #10301221180

    Listing office Century 21 AA Realty

    Listing date Jun 5, 2026

    Source Crexi

    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 Century 21 AA Realty

    HighLights

    • 6 total units retail strip mall on Grundy Ave in Holbrook
    • Fully occupied: 5 tenants currently in place
    • Year built: 1960
    • Plenty of on‑site parking
    • Close to major roadways with neighborhood exposure

    Overview

    This for-sale retail property is a 6-unit strip mall featuring storefront-oriented spaces suited for neighborhood retail and service tenants. The property is currently fully occupied with 5 tenants in place, supporting an income-producing tenant mix for prospective buyers. Parking is available on-site, providing convenient access for customers visiting the individual units.

    Located at 1225-1235 Grundy Ave in Holbrook, NY, the center offers visibility with neighborhood exposure. The property is described as being close to major roadways, which can support consistent drive-by awareness from surrounding traffic patterns.

    For tenants and buyers looking for a compact retail format, the multi-unit configuration allows for a range of occupancy strategies while maintaining a small-center shopping environment. With multiple storefronts, on-site parking, and the current tenant mix, this property offers a practical option for retail ownership or tenancy where convenient access and straightforward customer arrival matter.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $162.9k $30.00
    − Vacancy −$11.2k −$2.07
    EGI $151.7k $27.93
    − OpEx −$45.5k −$8.38
    NOI $106.2k $19.55
    5,430 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.52M
    $1.33M – $1.77M (±1% cap)
    NOI $106,162 @ 7.0% cap · market cap 5.31%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.65M
    $1.45M – $1.93M (±1% cap)
    NOI $115,796 @ 7.0% cap · market cap 5.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holbrook
    County
    Suffolk
    State
    New York
    Longitude
    -73.076243
    Latitude
    40.796878

    FAQs

    What type of property is this?
    Strip mall - Fully occupied 6-unit retail strip mall with parking and strong roadway access.
    Where is this strip mall located?
    The property is located at 1225-1235 Grundy Ave Holbrook, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 6 total units retail strip mall on Grundy Ave in Holbrook; Fully occupied: 5 tenants currently in place; Year built: 1960
    (631) 226-5995 Call to check price and availability
    More about this property
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