Property profile

R Great Nck Rd. & Middle Nck Great Neck Plaza, NY 11021

OFF-MARKET
Retail properties & Spaces
126,452 SF
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Property summary

AI-generated overview

The Gardens at Great Neck offers exceptional office and retail space in the heart of Great Neck, Nassau County. This vibrant commercial center boasts a total of 126,452 square feet, with four suites available for lease. Spaces range from a minimum of 550 square feet to a maximum contiguous space of 40,000 square feet, providing flexibility for businesses of various sizes. Currently, 48,074 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property's strategic location within a quarter-mile of the Great Neck LIRR train station ensures convenient commuting for employees and clients. The architectural design is bright and airy, featuring full-story picture windows, inviting covered walkways and sitting areas, and a two-story atrium, creating a welcoming and productive work environment. The Gardens at Great Neck is uniquely positioned as a complementary addition to the existing boutique shopping in the area, offering a diverse range of amenities including a supermarket, "Main Street" stores, various food options, banks, a fitness center, and the Great Neck Public Library, all within a thriving community. This property is ideal for businesses seeking a prestigious and convenient location in a highly desirable area. The multiple tenancy structure allows for a diverse mix of businesses to thrive within the same complex.

Property profile

Verified
Property type Retail properties & Spaces
Total area 126,452 SF

Cap rate & NOI

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

Location

R Great Nck Rd. & Middle Nck Great Neck Plaza, NY 11021
Great Neck Plaza metro
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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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