Property profile

25 Middle Neck Rd Great Neck, NY 11021

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property at 25 Middle Neck Road in Great Neck, NY 11021, presents a unique opportunity for a discerning restaurateur or retailer. The main floor, totaling 3,500 square feet, boasts a high-visibility glass frontage ensuring maximum exposure to the bustling Great Neck Plaza. This inviting space includes a well-appointed bar area, a spacious dining section with large windows, a smaller kitchen, a private party room perfect for special events, and a handicap-accessible bathroom. The property's prime location guarantees high foot traffic, with its proximity to the Long Island Rail Road (LIRR) station, numerous offices, and residential buildings ensuring a steady stream of potential customers. Convenient public parking is also readily available nearby. Beyond the main floor, a substantial 5,000-square-foot lower level/basement offers extensive operational capabilities. This lower level features a full-service kitchen, walk-in refrigerator and freezer units, a dedicated prep room, a comfortable worker's lounge, a manager's office, and separate men's and women's restrooms. Previously occupied by Millie's Restaurant, this space is ready for immediate occupancy and offers a turnkey solution for a new business. The combined 8,500 square feet provides ample space for a variety of uses, making it an ideal location for a thriving restaurant or retail establishment. This is a truly exceptional opportunity in a highly desirable location.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

25 Middle Neck Rd Great Neck, NY 11021
Great Neck metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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