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Property profile & analytics
OFF-MARKET Estimated value $11,455,000
Office buildings

833 Northern Blvd Great Neck, NY 11021-5315

27,958 SF 0.85 ac lot Built 1990
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US63-0242572
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 833 Northern Boulevard in Great Neck, NY 11021, offers 6,620 square feet of immediately available space. The three-story building, constructed in 1989, boasts a prestigious location in Nassau County and is anchored by Northwell Health. The property features two elevator banks, modern digital directories, and a striking triple-height lobby, creating a professional and welcoming atmosphere. Ample parking is provided with 178 spaces spread across two levels. The building's diverse tenant mix includes established medical practices such as plastic surgery, pediatrics, dentistry, and ENT, creating a synergistic environment. Flexible space options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,620 square feet, catering to a variety of medical practices and sizes. This prime location in Great Neck offers excellent visibility and accessibility, making it an ideal opportunity for medical professionals seeking a high-quality, well-established space. The building's modern amenities and strong tenant base make it a highly desirable investment opportunity.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,958 SF
Lot 0.85 ac (37,026 SF)
APN 02-166-00-0003
UPID US63-0242572
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jonathan Bank, MD Physician Medical Clinic
  • Peter Korn, M.D. Physician Medical Clinic
  • Dr. Lawrence Bass Physician Medical Clinic
  • Ron Israeli, M.D. Physician Medical Clinic
  • Gold Alan MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.46M
Owner & transaction history
833 Nobo Building Corp · 14 yrs held
833 Nobo Building Corp
since 2012
5 recorded transactions
2020
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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