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Property profile & analytics
FOR LEASE
Office buildings

40 Cuttermill Rd Great Neck, NY 11021

39,878 SF 1.01 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US63-1680971
Property summary
AI-generated overview

This exceptional, single-tenant office space, totaling 3,360 square feet, becomes available January 1, 2025, in a prestigious Great Neck, NY building. Located at 40 Cuttermill Rd., this property is part of a multi-A+ class office building boasting a recently completed parking lot and courtyard, enhancing both convenience and aesthetics. The building has undergone a state-of-the-art renovation, including a modern lobby and updated elevators, reflecting a commitment to providing a high-quality environment for its tenants. A dedicated on-site management team ensures smooth operations, while 24-hour security surveillance provides peace of mind. This is a unique opportunity; only one office space of this size is available. The building offers an elite professional atmosphere, ideal for businesses seeking a prime location and top-tier amenities. This space presents an unparalleled chance to establish a presence in one of the area's most sought-after office buildings. Don't miss this exclusive opportunity to secure your business's future in this exceptional setting.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction CONCRETE
Total area 39,878 SF
Lot 1.01 ac (43,865 SF)
APN 02-376-00-0030
UPID US63-1680971
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
  • Meitner Enterprises Financial Advisor
  • Kestenbaum & Mark LLP Law Firm
  • Tashlik Goldwyn Levy LLP Law Firm
  • Hollander & Strauss, LLP Law Firm
  • Stockbridge Resources, Inc Business Service Center Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.71M
Owner & transaction history
Cutter Mill 40 LLC · 6 yrs held
Cutter Mill 40 LLC
since 2020
2 recorded transactions
2020
$27.9M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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?”
More about this property
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