Office Unit with Meeting
For Sale
$198,000
15 Canterbury Road #A3, Great Neck, NY 11021
The layout provides three office rooms, a meeting room, a living area, and a bathroom.
Property Size750 SF
Price / SF$264
Days on Market135
Property Features for 15 Canterbury Road #A3
General Information
Standard status
Active
Size
750 SF
Property subtype
Commercial
Additional Details
HOA Fee
$1,369
Building Details
Building Size
750 SF
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Weirong Jiang
(917) 353-2279
Source:
Croninreale
Added: Jun 12
Changed: Oct 23
Last Checked: Oct 23 at 3:44PM
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 Winzone Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 750-square-foot office unit is configured with three office rooms and a separate meeting room. The interior also includes a living area and one bathroom, providing a mix of work and common space within the unit.
Key Highlights
- 750‑square‑foot office unit
- Three office rooms, one meeting room, a living area, and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,897
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,940
$257.9K
Cap Rate 7%
$184,243
$184.2K
Cap Rate 9%
$143,300
$143.3K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$21.0K $27.96/SF
− Vacancy
−$3.8K −$5.03/SF
EGI
$17.2K $22.93/SF
− OpEx
−$4.3K −$5.73/SF
NOI
$12.9K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,940
Cap Rate 7%
$184,243
Cap Rate 9%
$143,300
Alternative Uses
Best Use
Office B
$184.2K
$161.2K – $215.0K
NOI $12,897 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$495.9K
$433.9K – $578.5K
NOI $34,712 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,765
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - The layout provides three office rooms, a meeting room, a living area, and a bathroom.
Where is this office unit located?
The property is located at 15 Canterbury Road #A3 Great Neck, NY.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: 750‑square‑foot office unit; Three office rooms, one meeting room, a living area, and one bathroom
