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Four-Unit Apartment Building
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39 Spruce St, Great Neck, NY 11021

Income-producing residential property with a mixed one- and two-bedroom unit configuration, parking, and basement laundry facilities.

Property Size4,572 SF
Lot Size0.11 Acres
Days on Market143

Property Features for 39 Spruce St

General Information

Standard status Active
Size 4,572 SF
Lot size 0.11 Acres
Property subtype Multifamily

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Additional Details

Public Transit Yes

Amenities

hardwood floors
open floor plates
washer and dryer in basement
onsite parking
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael Tuccillo · License #NY 10401244358
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:06PM

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 quadplex at 39 Spruce Street contains approximately 4,572 square feet on a 0.11-acre parcel. The unit mix includes two one-bedroom apartments and two two-bedroom apartments. Property features include hardwood flooring, open interior layouts, surface parking, single-car garage options, and basement laundry equipment with a washer and dryer. Residents pay gas and electric, while the landlord covers water and garbage.

The property is directly across from Thomaston Park and near Great Neck’s downtown retail and restaurant district, which includes more than 250 shops and restaurants. Great Neck LIRR Station provides a 32-minute ride to Grand Central Terminal. North Shore University Hospital in nearby Manhasset has 806 beds, and the property is served by the Great Neck Public Schools district.

Key Highlights

  • Four apartments: two one‑bedroom units and two two‑bedroom units
  • Approximately 4,572 square feet on a 0.11‑acre parcel
  • Surface parking plus single‑car garage options

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Garden Center Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,410
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing residential property with a mixed one- and two-bedroom unit configuration, parking, and basement laundry facilities.
Where is this quadplex located?
The property is located at 39 Spruce St Great Neck, NY.
What are key features of this property?
This property features: Four apartments: two one‑bedroom units and two two‑bedroom units; Approximately 4,572 square feet on a 0.11‑acre parcel; Surface parking plus single‑car garage options
(212) 430-5196 Call to check price and availability
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