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    Property profile & analytics
    OFF-MARKET Estimated value $7,020,000
    Strip malls

    200 Middle Nck Rd, Great Neck, NY 11021-1107

    8,031 SF 1.49 ac lot Built 1931
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US63-3348651
    Property summary
    AI-generated overview

    This exceptional Class A retail space, located at 200 Middle Neck Rd in Nassau County, offers 2,400 square feet of versatile commercial space. Originally occupied by Laffey Real Estate, the property boasts a thoughtfully designed layout perfect for a variety of professional uses. Built in 1961 and extensively renovated in 2005, the building features a welcoming reception area, a convenient kitchenette, and two private offices enclosed by glass walls. The expansive open area is well-suited for a cubicle setup, maximizing space efficiency. The rectangular shape and high ceilings contribute to a bright and airy atmosphere. Accessibility is a key feature, with a handicap-accessible restroom and a standard bathroom, both easily accessible via elevator from the ample parking. The property sits on two acres of land and provides 120 parking spaces, with 50 conveniently covered. Added convenience is provided by a secondary exit at the rear of the building. This property is ideally situated near Middle Neck Rd, offering excellent visibility and accessibility. The combination of modern amenities, convenient location, and ample parking makes this a truly exceptional retail opportunity.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1931
    Construction FRAME
    Total area 8,031 SF
    Lot 1.49 ac (64,992 SF)
    APN 02-006-00-0041
    UPID US63-3348651
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Kalimian Orthodontics Dental Office
    • Great Neck Fitness Gym & Fitness Center
    • Kalimian Orthodontics -- Dr. Michael Kalimian, DDS Dental Office
    • The Business of School Vocational School Training Center
    • Jam Dance & Fittness Center Inc Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.02M
    Owner & transaction history
    200 Mnr Sun LLC · 12 yrs held
    200 Mnr Sun LLC
    since 2013
    4 recorded transactions
    2017
    2013
    $12.6M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $10.6M +50.0%
    Restaurant $7.1M +1.2%
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