Financial
Distress signals
Property profile

277 Northern Blvd 2 Great Neck, NY 11021

FOR LEASE
Office buildings
Property ID
US63-6250449
18,872 SF 0.46 ac lot Built 1971
Last sale Jun 2022 · $5,620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This newly renovated Class A office building in Great Neck, Nassau County, offers exceptional executive office space for lease. Two suites are currently available, ranging in size from 545 square feet to 2,588 square feet, providing flexibility for various business needs. The building boasts a brand-new interior and exterior, showcasing a high-end, state-of-the-art design. Located on Northern Boulevard at the Queens-Long Island border, this prime location provides unparalleled commuter…

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.

Mortgages

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 · 2023

What does the county charge?
$192k
Tax billed · 2023
Assessed value$42k
Assessed land$9k
Assessed improvement$33k
Effective rate455.93%

Value estimate

· Sep 2026
$3.81M
$3.42M – $4.19M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$6k
Operating expenses−$7k
NOI · 696.00% cap applied$22k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$706/SF
County average, outlier-cleaned · 295 recorded sales of this use type
Observed band · Q1–Q3$368 – $1,136
Qualifying comparables7

Cap rate analysis

How does the asset earn?
696.00%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Center14.1
Garden Center11.9
Auto Parts Store10.8

Location

277 Northern Blvd, Unit 2 Great Neck, NY 11021
County assessor Recorded deeds · 10 transfers 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Northern, Great Neck, NY 11021-4818 $1,650,000 Apr 2025 4,584 SF
8 Bond, Great Neck, NY 11021-2448 $6,000,000 Jul 2024 2,726 SF
907 Northern, Great Neck, NY 11021-5304 $13,000,000 Apr 2022 3,078 SF
600 Northern, Great Neck, NY 11021-5206 $47,800,000 Mar 2021 55,600 SF
1010 Northern, Great Neck, NY 11021-5317 $57,800,000 Jan 2021 73,400 SF
15 Barstow, Great Neck, NY 11021-2211 $2,700,000 Oct 2018 16,902 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message