320 Northern BlvdGreat Neck, NY 11021

  • Office properties
  • 517 SF
For Lease
$25/SF/YR View listing

Property Details for 320 Northern Blvd

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.56 AC
Property size (Sq ft)
517 SF
Property type
Office properties
Property subtype
Office buildings
APN
02-084-00-0026
APU
2084000026

Description

This exceptional executive office space, located at 320 Northern Blvd in Great Neck, NY, offers 1,497 square feet of immediately available space within a larger 11,139 square foot building. The property is situated on a half-acre lot in Nassau County, providing ample parking and convenient access. The building is classified as a multi-tenant office building, offering a professional and collaborative environment. The available space is ideal for a variety of businesses seeking a prestigious address in a thriving community. Property taxes are $7 per square foot. The precise configuration of the available 1,497 square feet can be tailored to meet specific tenant requirements. This is a fantastic opportunity to secure a well-located, high-quality office space in the desirable Great Neck area. The zip code is 11021. The property's location offers easy access to major transportation routes, making commuting a breeze. This executive office space presents a unique chance to establish or expand your business in a prime location. The building's overall size and the available space provide a balance of privacy and accessibility. Inquire today to learn more about this exceptional leasing opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $85,476
    6.5%
    $78,900
    7%
    $73,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $67,551
    Geo Method
    $67,551
  • Alternative Use

    Use
    Valuation
    Residential
    $97,837
    Hospitality
    $89,618
    Educational
    $74,561
    Medical
    $77,125
    Retail
    $115,984
320 Northern Blvd, Great Neck, New York
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Location Insight

City
Great Neck
County
Nassau
State
New York
Latitude
40.778
Longitude
-73.7248
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$102,869
$10,038
$11,068
$21,106
-
-
-
$2,110,600

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