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Property profile

38 Northern Blvd Great Neck, NY 11021

FOR SALE
Office buildings
Property ID
US63-2577836
352 SF 0.18 ac lot Built 1986
Last sale Feb 2026 · $3,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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38 Northern Blvd, Great Neck, NY 11021 For Sale
$3,690,000 352 SF
38 Northern Blvd, Great Neck, NY 11021
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Property summary

AI-generated overview

The property at 38 Northern Boulevard in Great Neck, Nassau County, consists of an 8,600-square-foot office building. It is configured for office use and provides a substantial indoor area suitable for business occupancy planning. The building is located near major transportation corridors, with access to the Cross Island Parkway and proximity to the Long Island Rail Road, supporting convenient connectivity to the regional commuter network.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$8k
Assessed land$3k
Assessed improvement$6k
Effective rate543.48%

Value estimate

· Oct 2026
$205k
$185k – $226k
NOI build-up
Gross scheduled income$292k
Vacancy & credit loss−$41k
Operating expenses−$101k
NOI · 4.09% cap applied$151k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
4.09%
$151k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility19.5
Bar & Pub11.8
Daycare Center11.2

Location

38 Northern Blvd Great Neck, NY 11021
County assessor Recorded deeds · 1 transfer 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
239 Great Nck, Great Neck, NY 11021-3301 $4,300,000 Dec 2025 1,800 SF
370 Northern, Great Neck, NY 11021-4813 $2,000,000 Dec 2024 2,500 SF
8 Bond, Great Neck, NY 11021-2448 $6,000,000 Jul 2024 2,726 SF
316 Great Nck, Great Neck, NY 11021-4202 $415,000 Feb 2024 1,472 SF
18 Genevieve, Great Neck, NY 11021-4348 $815,200 Nov 2021 1,925 SF
87 Watermill, Great Neck, NY 11021-4234 $982,000 Aug 2021 640 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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