Retail Strip - Holbrook | 1225-1235 Grundy Ave
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Retail Strip - Holbrook 1225-1235 Grundy Ave
5,358 SF 83% Leased Retail Building Holbrook, NY 11741 $1,550,000 ($289/SF) 6.53% Cap Rate
Investment Highlights
- This is a fully leased shopping center with ample parking.
Executive Summary
One-story Masonry Building - 5 Stores
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,358 SF
Building Class
B
Year Built
1960
Price
$1,550,000
Price Per SF
$289
Cap Rate
6.53%
NOI
$101,140
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Land Acres
0.45 AC
Zoning
BU1
Parking
14 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
End Cap, retail, former Chinese takeout. Call for rental rates.
| Space | Size | Space Use | Position | Available |
| 1225 | 900 SF | Retail | In-Line | Now |
1225
| Size |
| 900 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1225
| Size | 900 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
End Cap, retail, former Chinese takeout. Call for rental rates.
PROPERTY TAXES
| Parcel Number | 0500-129-00-02-00-001-000 | Improvements Assessment | $49,200 (2023) |
| Land Assessment | $24,300 (2023) | Total Assessment | $73,500 (2023) |
PROPERTY TAXES
Parcel Number
0500-129-00-02-00-001-000
Land Assessment
$24,300 (2023)
Improvements Assessment
$49,200 (2023)
Total Assessment
$73,500 (2023)
-
Denis Rodger -
Power Broker Ryan Rodger
-
United Properties Corp.
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Retail Strip - Holbrook | 1225-1235 Grundy Ave
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