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Mixed-Use Retail and Apartment Building
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Contact for pricing
Pending

637 Middle Neck Rd, Great Neck, NY 11023

A Great Neck mixed-use property with two occupied 2-bedroom apartments and a vacant ground-floor store.

Property SizeContact for details
Days on Market149

Property Features for 637 Middle Neck Rd

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Multifamily Units 2
Listing Agency: Best Homes
Listed By: Elizabeth Zakarya · License #112417
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 7 at 3:24AM

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 Best Homes

Investment Insights

Based on property information with market context.

This mixed-use building includes two large two-bedroom apartments and a ground-floor retail space. The two apartments are currently rented and paying $2,450 per month each, and the current market is stated at $2,800 per month. In addition, the ground floor features a vacant store, offering an opportunity to re-lease retail space.

Located at 637 Middle Neck Rd in Great Neck, NY, the property combines residential income with street-level commercial space under one ownership.

With apartments already in place and a retail unit available, the layout provides straightforward use of the building for both living and neighborhood-serving retail.

Key Highlights

  • Mixed‑use building with two occupied 2‑bedroom apartments plus a vacant ground‑floor store
  • Each apartment is currently paying $2,450/month ($4,900/month total)
  • Stated market rent for the 2‑bedroom units is $2,800/month each

Property Analytics

Current Use

LSK Design Associates ... Interior Design

Suggested Use

Top Pick Daycare Center Storage Facility Tech Support Center Garden Center Dental Office (Bike/Boat/Book/etc) 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 11023, NY

10,213
Population
3,398
Households
3
Avg Household Size
39
Median Age
68%
College-Educated
93%
High-School Grad
1.7 sq mi
ZIP Area
6,008
Density / Sq Mi
$151,544
Median Household Income
$88,205
Median Earnings
$1,143,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - A Great Neck mixed-use property with two occupied 2-bedroom apartments and a vacant ground-floor store.
Where is this duplex located?
The property is located at 637 Middle Neck Rd Great Neck, NY.
What are key features of this property?
This property features: Mixed‑use building with two occupied 2‑bedroom apartments plus a vacant ground‑floor store; Each apartment is currently paying $2,450/month ($4,900/month total); Stated market rent for the 2‑bedroom units is $2,800/month each
More about this property
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