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Financial
Distress signals
Property profile

509 Middle Nck Rd Great Neck, NY 11023

OFF-MARKET
Retail space
Property ID
US63-0923417
1,598 SF 0.05 ac lot Built 1929
Last sale Sep 2024 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 509 Middle Neck Rd in Great Neck, New York is configured as a conventional restaurant with commercial kitchen capabilities and was established in 2017, with restaurant operations supported by high-end kitchen equipment. It is located within less than half a mile of a local high school that features an open-lunch program for students who visit nearby eateries, and the business has had food service arrangements involving the nearby school facility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$5k
Assessed land$770
Assessed improvement$4k
Effective rate183.77%

Value estimate

· Oct 2026
$1.40M
$1.26M – $1.54M
AI approach$1.40M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$570/SF
County average, outlier-cleaned · 462 recorded sales of this use type
Observed band · Q1–Q3$313 – $945
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center13.6
Auto Parts Store9.9
Veterinary Clinic9.4

Location

509 Middle Nck Rd Great Neck, NY 11023-1478
County assessor Recorded deeds · 4 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
637 Middle Nck, Great Neck, NY 11023-1216 $1,257,500 Sep 2024 1,420 SF
597-599 Middle Nck, Great Neck, NY 11023 $2,400,000 Dec 2022 1,507 SF
576 Middle Nck, Great Neck, NY 11023-1430 $1,235,000 Aug 2020 1,457 SF
641 Middle Nck, Great Neck, NY 11023-1216 $960,000 Sep 2019 1,500 SF
643 Middle Nck, Great Neck, NY 11023-1216 $690,000 Aug 2019 1,390 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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