Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5901 Veterans Memorial Hwy Holbrook, NY 11741-4508
    Back to Search
    Property profile & analytics

    5901 Veterans Memorial Hwy, Holbrook, NY 11741-4508

    View on Map
    • Warehouses
    • 13.52 lot acres
    Off-Market
    Last Sale Jun 22, 2021
    $25,000,000
    Property ID
    US63-2001347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $24,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FedEx Drop Box / Postal Service / Courier Service
    • FedEx Ground / Trucking Company

    Property Details for 5901 Veterans Memorial Hwy

    Lot size
    13.52 lot acres
    Zone code
    ICD
    Property type
    Warehouses
    APN
    0500-217.00-02.00-008.003
    APU
    500217000200008003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 22, 2021 $25,000,000 5901 Veterans Owner LLC Laz Bur Co LLC Deed $8.3M · New York Community Bank
    Jun 22, 2021 — Laz Bur Co LLC Islip Industrial Dev Agen Quit Claim Deed · related —
    May 17, 2018 — Laz Bur Co LLC — Loan Modification, Consolidation And Extension · related $10M · Bethpage FCU
    May 20, 2009 — Tn Of Islip Indl Dev Agcy Laz-bur Co LLC Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $22,690,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holbrook
    County
    Suffolk
    State
    New York
    Longitude
    -73.0629
    Latitude
    40.7735
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $429,400
    $723,600
    $1,153,000
    -
    $5,898,352
    $9,939,560
    $15,837,912

    Comparable in this City

    • Value Estimation by Request
      0.73 Acres

      1687 Church St

      WAREHOUSE, STORAGE
      1687 Church St, Holbrook, NY 11741-5920
      View Details
    • Value Estimation
      $5,970,000
      4.23 Acres

      15 Andrea Rd

      WAREHOUSE, STORAGE
      15 Andrea Rd, Holbrook, NY 11741-4310
      View Details
    • Value Estimation
      $1,055,000
      0.46 Acres

      9 Claremont Ave

      WAREHOUSE, STORAGE
      9 Claremont Ave, Holbrook, NY 11741-2001
      View Details
    • Value Estimation by Request
      1.56 Acres

      110 Colin Dr

      WAREHOUSE, STORAGE
      110 Colin Dr, Holbrook, NY 11741-4306
      View Details
    • Value Estimation by Request
      1.20 Acres

      4641 Veterans Memorial Hwy

      WAREHOUSE, STORAGE
      4641 Veterans Memorial Hwy, Holbrook, NY 11741-4515
      View Details
    • Value Estimation by Request
      0.99 Acres

      405 Central Ave

      WAREHOUSE, STORAGE
      405 Central Ave, Holbrook, NY 11741-5101
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,400 SF

      Holbrook Industrial Property with Yard

      Industrial property with fenced yard, ideal for contractors.
      487 Furrows Rd, Holbrook, NY 11741
      View Details
    • Contact for pricing
      1,850 SF

      Industrial Unit in Bohemia

      1,850 SF industrial unit for sale in Bohemia, NY.
      305 Knickerbocker Ave, Bohemia, NY 11741
      View Details
    • Contact for pricing
      8,000 SF

      Holbrook Industrial Property For Sale

      8,000 SqFt industrial property available in Holbrook, NY.
      1687 Church St, Holbrook, NY 11741
      View Details
    • Contact for pricing

      Holbrook Industrial Land Opportunity

      Industrial land with two buildings, ideal for corporate headquarters.
      Lincoln Ave, Holbrook, NY 11741
      View Details
    • Contact for pricing

      Holbrook Industrial Land For Sale

      Fenced yard near Vets Hwy, suitable for industrial building.
      295 Ellsworth St, Holbrook, NY 11741
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Veterans Memorial Hwy & Knickerbocker Ave, Holbrook, NY 11741
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,266 SF

      Bohemia Warehouse Space Available

      4,266 square foot warehouse space for lease in Bohemia.
      29 Jules Ct, Bohemia, NY 11741
      View Details
    • Contact for pricing
      3,000 SF

      Holbrook Industrial Space For Lease

      Industrial-warehouse building with office space available for immediate occupancy.
      332 Dante Ct, Holbrook, NY 11741
      View Details
    • Contact for pricing
      27,600 SF

      Holbrook Warehouse Space For Lease

      18,000 SF warehouse space available for short-term lease.
      25 Andrea Rd, Holbrook, NY 11741
      View Details
    • Contact for pricing
      54,750 SF

      Holbrook Warehouse with Office Space

      54,750 SF Holbrook warehouse with 40% office space.
      100 Colin Dr, Holbrook, NY 11741
      View Details
    • Contact for pricing
      3,912 SF

      Holbrook Flex Space Available

      Flex space with modern interior available for rent.
      90 Colin Dr, Holbrook, NY 11741
      View Details
    • Contact for pricing
      3,800 SF

      Holbrook Flex Space Available

      Flex space available for lease in Holbrook, New York.
      1340 Lincoln Ave, Holbrook, NY 11741
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5901 Veterans Memorial Hwy
    Holbrook, NY 11741-4508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5901 Veterans Memorial Hwy, Holbrook, NY, 11741
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!