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Multi-Room Office Unit
For Sale
$198,000

15 Canterbury Road, Great Neck, NY 11021

Commercial Sale, Great Neck, NY

Property Size750 SF
Price / SF$264
Days on Market119

Property Features for 15 Canterbury Road

General Information

Property type Commercial Sale
Property subtype Office
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 201-148

Taxes and HOA fees

Tax Year 2024

Building Details

Building materials Brick
Listing Agency: Winzone Realty Inc
Listed By: Weirong Jiang
Added: Jun 12 Changed: Oct 5 Last Checked: Oct 8 at 11:06PM
MLS# 1012711

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office unit is arranged with one living room, one meeting room, three office rooms, and one bathroom. Brick construction provides the building’s primary exterior material.

The property is located at 15 Canterbury Road in Great Neck, NY 11021, within Nassau County.

Key Highlights

  • Three office rooms provide dedicated work areas
  • Separate meeting room included
  • One living room 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 (±1% cap)
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 (±1% cap)
NOI $34,712 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Great Neck Endodontics Dental Office Cloud Lions LLC Tech Support Center Dr. Susan Letteney Foster Care Service Dr Mehri Songhorian Physician Canterbury Dental Care ... Dental Office

Suggested Use

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

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

3,765
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Brick construction with a dedicated meeting room, three offices, and one bathroom.
Where is this office units located?
The property is located at 15 Canterbury Road 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: Three office rooms provide dedicated work areas; Separate meeting room included; One living room and one bathroom
More about this property
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