1225-1235 Grundy Ave, Holbrook, NY 11741
Fully occupied 6-unit retail strip mall with parking and strong roadway access.
- 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
Listing agent Jason Kontakis License #10301221180
Listing office Century 21 AA Realty (631) 226-5995
Listing date Jun 5, 2026
Source Crexi
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Holbrook
- County
- Suffolk
- State
- New York
- Longitude
- -73.076243
- Latitude
- 40.796878