Fully Occupied Mixed-Use
17 Maple Drive Great Neck, NY 11021
17 Maple Drive, Great Neck, NY, 11021
$8,990,000
For Sale
$8,990,000
Fully occupied mixed-use building with 10 tenants, combining retail and office space for a 1031 exchange sale.
Days on Market165
Property Features for 17 Maple Drive
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1971
Listing Agency
B SQUARE REALTY
(718) 939-8388
Listed by
WENTING WANG
Source
Corcoran
Added: Feb 6 Updated: Jul 10 at 1:48 pm Checked: Jul 19 at 4:36 am
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 B SQUARE REALTY
Investment Insights
Based on property information with market context.
This for-sale mixed-use commercial building is presented as a 1031 exchange opportunity and is fully occupied with 10 tenants, including 5 retail and 5 office. The property’s mixed configuration supports an active, income-producing operating profile, with current annual income stated as exceeding $800,000. The offering is also described as a close-to-7% cap rate investment in a transit-oriented downtown setting.
The property is located in Great Neck Plaza’s busiest commercial corridor at 17 Maple Drive, within the Business “B” District. Public remarks note steps from the LIRR, and the building is surrounded by national and local retailers, restaurants, and essential services. The Business “B” District is described as undergoing zoning modernization aimed at encouraging mixed-use redevelopment.
For investors seeking immediate yield within a core, established downtown market, this building’s fully occupied retail and office mix provides near-term occupancy without vacancy-driven repositioning. The zoning modernization mentioned in the remarks is also positioned as a potential lever for future value creation through reconfiguration or repositioning, while the current in-place structure supports capital preservation considerations. The asset is offered for sale at $8,990,000.
The property is located in Great Neck Plaza’s busiest commercial corridor at 17 Maple Drive, within the Business “B” District. Public remarks note steps from the LIRR, and the building is surrounded by national and local retailers, restaurants, and essential services. The Business “B” District is described as undergoing zoning modernization aimed at encouraging mixed-use redevelopment.
For investors seeking immediate yield within a core, established downtown market, this building’s fully occupied retail and office mix provides near-term occupancy without vacancy-driven repositioning. The zoning modernization mentioned in the remarks is also positioned as a potential lever for future value creation through reconfiguration or repositioning, while the current in-place structure supports capital preservation considerations. The asset is offered for sale at $8,990,000.
Key Highlights
- 1971‑built fully occupied mixed‑use commercial building in Great Neck Plaza
- 10 tenants total: 5 retail and 5 office, providing a mixed tenant roster
- Current annual income exceeds $800,000
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr Zari Khaledi ...
Dental Office
Seth Okin DDS
Dental Office
Preferred Dental Care ...
Dental Office
Vafa Abrishami
Dental Office
Fried Allan MD
Pediatrician
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FAQs
What type of property is this?
1031 exchange property - Fully occupied mixed-use building with 10 tenants, combining retail and office space for a 1031 exchange sale.
Where is this 1031 exchange property located?
The property is located at 17 Maple Drive Great Neck, NY.
What is the asking price?
The asking price for this property is $8,990,000.
What are key features of this property?
This property features: 1971‑built fully occupied mixed‑use commercial building in Great Neck Plaza; 10 tenants total: 5 retail and 5 office, providing a mixed tenant roster; Current annual income exceeds $800,000
