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Two-Story Elevator Office Building
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3 Grace Ave, Great Neck, NY 11021

Renovated two-story elevator office building on a 0.23-acre parcel in Great Neck.

Property Size22,500 SF
Lot Size0.23 Acres
Days on Market112

Property Features for 3 Grace Ave

General Information

Standard status Active
Size 22,500 SF
Lot size 0.23 Acres
Property subtype Office

Building Details

Year Renovated 2021
Stories 2
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael Tuccillo · License #NY 10401244358
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Jul 21 at 6:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

This two-story office building includes an elevator and approximately 22,500 square feet of space. The property features a renovated roof completed in 2021 and sits on a 0.23-acre parcel.

Located in the heart of Great Neck, it is listed as one block from the Great Neck LIRR station. The surrounding area includes Gardens at Great Neck, North Shore University Hospital, and Fresh Meadow Country Club.

The offering notes numerous national tenants in the area, including CVS Pharmacy, Public Storage, Rite Aid, and Chipotle.

Key Highlights

  • Two‑story office building with elevator service in the heart of Great Neck
  • Approximately 22,500 SF building on a 0.23‑acre parcel
  • Renovated roof completed in 2021

Property Analytics

Current Use

Landmark Capital Advisory ... Bank RJ Media Advertising Agency Stacey Pamela Klein ... Law Firm CMPND | Private Offices ... Coworking & Hybrid Office

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Garden Center Bar & Pub Discount Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,100
Businesses Nearby

Demographics for 11021, NY

19,376
Population
8,705
Households
2.2
Avg Household Size
46
Median Age
65%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,073
Density / Sq Mi
$122,390
Median Household Income
$74,401
Median Earnings
$2,184
Median Rent
$734,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated two-story elevator office building on a 0.23-acre parcel in Great Neck.
Where is this office building located?
The property is located at 3 Grace Ave Great Neck, NY.
What are key features of this property?
This property features: Two‑story office building with elevator service in the heart of Great Neck; Approximately 22,500 SF building on a 0.23‑acre parcel; Renovated roof completed in 2021
(212) 430-5196 Call to check price and availability
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