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    523-531 Middle Neck Rd Great Neck, NY 11023

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    Contact for pricing

    Prime Mixed-Use Retail in Great Neck, NY

    Lot size:
    17,362 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional new development at 523-531 Middle Neck Road in Great Neck, NY offers 17,362 square feet of prime retail space. Located in Nassau County, this mixed-use property presents a unique opportunity for businesses seeking high-visibility locations. The building features two suites, with a minimum divisible space of 1,258 square feet and a maximum contiguous space of 2,145 square feet. Currently, 3,403 square feet are available for lease, providing flexibility for various retail concepts. The property's street-level retail configuration ensures excellent pedestrian traffic and visibility, making it ideal for businesses seeking high foot traffic. The address, 523-531 Middle Neck Road, boasts a prominent location within Great Neck, a thriving community with a strong local economy and affluent demographic. This is an exceptional opportunity to establish or expand your business in a highly desirable location. The property's modern design and convenient location make it an attractive option for a variety of retail uses. The zip code is 11023. Serious inquiries are encouraged to explore this exciting leasing opportunity. Contact us to learn more about the available spaces and lease terms.

    Property Features for 523-531 Middle Neck Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,362 SF

    Unit(s) available at that property

    Space
    Space 1
    Size
    1,258 SF
    Space
    Space 2
    Size
    2,145 SF

    HighLights

    • 17,362 SF of prime retail space available for lease in Great Neck, NY.
    • Two suites available, ranging from 1,258 SF to 2,145 SF contiguous; 3,403 SF currently available.
    • High‑visibility location on Middle Neck Road (523‑531), in a strong, affluent community (zip code 11023).
    • High vehicular traffic (approx. 15,000 VPD).
    • 1.2 miles from the Great Neck LIRR station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Great Neck
    County
    Nassau
    State
    New York
    Longitude
    -73.7343676
    Latitude
    40.8008021

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    FAQs

    What type of property is this?
    Individual retail property - Prime Mixed-Use Retail in Great Neck, NY
    Where is this individual retail property located?
    The property is located at 523-531 Middle Neck Rd Great Neck, NY.
    What are key features of this property?
    This property features: 17,362 SF of prime retail space available for lease in Great Neck, NY.; Two suites available, ranging from 1,258 SF to 2,145 SF contiguous; 3,403 SF currently available.; High-visibility location on Middle Neck Road (523-531), in a strong, affluent community (zip code 11023).
    Request Owner's contact information
    523-531 Middle Neck Rd Great Neck, NY 11023
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    Great Neck, NY 11023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    523-531 Middle Neck Rd Great Neck, NY 11023
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