Property summary
This exceptional 8,600 square foot mixed-use building, located at 38 Northern Boulevard in Great Neck, New York, presents a unique investment opportunity. Built in 1986 and extensively renovated in 2009, this three-story Class C building boasts a prime location with high visibility and brand exposure, experiencing 40,000 cars passing daily. The property includes 21 parking spaces and sits on a 7,680 square foot lot. The building features a full camera security system, a five-zone HVAC system (with three condensers under two years old and two older condensers), and a complete sprinkler system (dry system in the parking lot and wet system indoors). A significant addition was constructed 15 years ago, and the concrete slab roof with a hard rubber top is only two years old. An 800 AMP service and an Otis elevator are also included. A back staircase provides private entry for medical professionals. All certificates of occupancy are complete. This owner/user opportunity is ideal for a cardiology practice or similar business, offering ample space and modern amenities. The asking price is $3,800,000.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Park
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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