Property profile

0 Veterans Memorial Hwy & Knickerbocker Ave Holbrook, NY 11741

OFF-MARKET
Land
1.37 ac lot
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Property summary

AI-generated overview

This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in Holbrook, New York. Strategically located at the intersection of Veterans Memorial Highway and Knickerbocker Avenue, this property boasts 170 feet of frontage on the heavily trafficked Veterans Memorial Highway, ensuring high visibility and accessibility. The land is already cleared and leveled, significantly reducing development costs and expediting the construction process. Its proximity—just two blocks from the entrance to MacArthur Airport—offers unparalleled convenience and exposure to a large volume of travelers and local businesses. This prime location is ideal for a variety of commercial developments. The property is offered for sale, or alternatively, a land lease or build-to-suit lease is available. A net annual lease income of $200,000 is projected, excluding real estate taxes. The build-to-suit lease price will be determined on a project-by-project basis. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving Suffolk County market. Don't miss this chance to capitalize on this exceptional location and create a successful commercial venture. The property is located in the 11741 zip code.

Property profile

Verified
Property type Land
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Veterans Memorial Hwy & Knickerbocker Ave Holbrook, NY 11741
Holbrook metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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