The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale Holbrook Self Storage.
This offering represents a rare opportunity to acquire a best-in-class, institutional quality self storage project in the highly sought after Long Island, NY market. The project comprises 90,400 rentable square feet across 761 climate controlled, 110 drive up units and 5 monthly parking spaces. Delivered in August 2021, the asset is nearly two decades newer than the average competing inventory within a 3-mile radius, and importantly, there is no new supply in the pipeline. The surrounding trade area is exceptionally strong, with approximately 84,000 residents and robust median and average household incomes of $155,596 and $188,336, respectively — demographics that underscore durable, long-term demand.
Since opening in August 2021, the store has achieved 93% physical occupancy at $21.72 in-place rents, with rental income growing 13.5% from December 2024 to December 2025. Cushman & Wakefield’s rent survey indicates substantial runway to continue the operator’s ECRIs strategy and lift existing tenants toward market. Coupled with a maturing trade area, no incoming supply, and steadily rising market rents, the offering presents investors with a compelling, growth-oriented opportunity in a core New York market.
The property is located in Holbrook, NY, in the heart of Suffolk County — a region benefitting from significant county-driven economic development initiatives, including the planned Nicolls Road Bus Rapid Transit connection to the Suffolk County Innovation Zone. Holbrook has also experienced ongoing residential investment, exemplified by the nearby Fairfield Townhouses at Holbrook, a 312-unit luxury rental community less than a mile from the store. The location offers excellent regional connectivity via Sunrise Highway, the Long Island Expressway, and the LIRR, and sits within a corridor targeted for continued mobility enhancements and commercial revitalization by Suffolk County planners. With strong local demographics, increasing residential density, and minimal climate-controlled competition, Holbrook Self Storage is strategically positioned to capture enduring, high-quality demand for years to come.