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15 Andrea RdHolbrook, NY 11741
Class A, Long Island Self-Storage Opportunity - Holbrook, NY
Asset ClassSelf Storage
Call For Offers03/10/26
Land: 4.2 AcresSquare Feet: 90,400# Units: 876Access Data Room
Holbrook, NY
overview of deal

Overview

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.

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Investment Highlights

  • Core Long Island Submarket – Located in a high barrier, supply constrained Suffolk County submarket with strong incomes, dense housing, and durable, recession resistant storage demand.
  • Institutional Quality, Modern Asset – 2021 delivered, best in class facility totaling 90,400 NRSF across 876 units (761 CC, 110 drive up, 5 parking).
  • Significant Vintage Advantage – Nearly 20 years newer than the average competitive supply in the 3 mile trade area.
  • No New Supply – Zero development pipeline, reinforcing long term pricing power and occupancy stability.
  • Exceptional Demographics – 3 mile population of ~84,000 with $155K+ median and $188K+ average household incomes supporting premium climate demand.
  • Strong Operating Performance – 93% physical occupancy, $21.72 in place rents, and 13.5% YoY rental income growth.
  • Clear Rent Upside – Substantial ability to push ECRIs to market in a maturing trade area with rising rents and growing residential density.
  • Tax Exemption – Subject property benefits from a transferrable NYS 486-b tax abatement with 8 years of remaining phased-down savings (expires 2032-2033 tax year)
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15 Andrea RdHolbrook, NY 11741

Cushman and Wakefield Self-Storage Advisory Group

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Listing provided by Revere CRE