Financial
Distress signals
Property profile

40 Cuttermill Rd 300-B Great Neck, NY 11021

FOR LEASE
Office buildings
Property ID
US63-1680971
39,878 SF 1.01 ac lot Built 1984
Last sale Feb 2020 · $27,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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40 Cuttermill Rd,Unit 300-B, Great Neck, NY 11021 For Lease
$3,607/Mo
40 Cuttermill Rd,Unit 300-B, Great Neck, NY 11021
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Property summary

AI-generated overview

An office suite located in a Class A office building at 40 Cuttermill Road, Suite 300, providing tenant access to the building 24/7 for flexible scheduling. The property is situated near the LIRR station and other public transportation options, with nearby amenities including restaurants, cafes, and banks.

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?
$380k
Tax billed · 2023
Assessed value$83k
Assessed land$22k
Assessed improvement$61k
Effective rate459.44%

Value estimate

· Sep 2026
$7.71M
$6.94M – $8.48M
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$15k
Operating expenses−$17k
NOI · 1,440.17% cap applied$52k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?
1,440.17%
$52k 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 Center17.1
Laundromat10.0
Grocery Store9.9

Location

40 Cuttermill Rd, Unit 300-B Great Neck, NY 11021
County assessor Recorded deeds · 2 transfers 4 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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