Call for Offers:
ends August 11, 2026
Deal Highlights
• 92% Fully Stabilized Class A Property in Affluent Suburb of Holbrook, NY
• Rental Income has Increased 14.5% YoY from an Average Monthly Income of $150k to over $172k
• Submarket has Seen Exceptional 8% YoY Growth in Market Rates
• Ability to Increase Rates on Average 38% to Market Levels
• Mature Market has Absorbed All Previous New Supply with no Projects in the Pipeline
• The Property Includes a Transferable NYS 485‑B Property Tax Abatement, Offering Eight Additional Years of Tapering Tax Savings and Scheduled to End in the 20322033 Tax Year
Address:
15 Andrea Rd, Holbrook, NY, 11741
Price:
TBD by Market
Pro Forma NOI:
$1,731,801
Net Rentable Square Feet:
90,400 NRSF
Unit Count:
876
Lot Size:
4.23 Acres
Status:
Active
Year Built:
2021
*Lead broker information is located within the offering memorandum.
Listed By: SkyView Advisors, LLC. NY RE Lic # 10991240089
