653-655 Middle Neck Road, Great Neck, NY 11023
Retail showroom business and real estate for sale in Great Neck.
- Added:
- Mar 12, 2026
- Days on Market:
- 115
- Last Refresh:
- Apr 6 at 3:52 am
Property Features for 653-655 Middle Neck Road
General Information
- Standard status
- Active
- Size
- 9,010 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1900
Listing office NEXTHOME PLATINUM PROPERTIES (888) 868-6985
Listing date Mar 12, 2026
Source Exitrealty
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 NEXTHOME PLATINUM PROPERTIES
HighLights
- Established Kolson business with a long history and strong brand recognition since 1960.
- Real estate included: 9,010 sq ft Building.
- Specializes in high‑end decorative kitchen and bath fittings, catering to a sophisticated clientele.
- Showroom displaying a wide selection of products from top American and European manufacturers.
- Appeals to professional designers and architects seeking unique fixtures and hardware.
- Prime location with a history at 653 Middle Neck Road since 1970.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $270.3k | $30.00 |
| − Vacancy | −$15.4k | −$1.71 |
| EGI | $254.9k | $28.29 |
| − OpEx | −$76.5k | −$8.49 |
| NOI | $178.4k | $19.80 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Rugland — 8 Carriage Rd, Great Neck, NY 11024
Location Insight
- Map
- Local Demand
- City
- Great Neck
- County
- Nassau
- State
- New York
- Longitude
- -73.7142
- Latitude
- 40.7998