Property profile

60 Cuttermill Rd Great Neck, NY 11021

FOR LEASE
Office buildings
Property ID
US63-1483361
58,952 SF 0.38 ac lot Built 1978
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

60 Cutter Mill Road in Great Neck Plaza, NY, presents a unique opportunity to lease exceptional office space within a prestigious Class A building. This two-story building boasts a total of 125,000 square feet, offering a variety of configurations to suit diverse business needs. Currently, there are 4,300 square feet of vacant space available for lease, ideal for businesses seeking a modern and efficient workspace. The building is categorized as both Executive Office and Traditional Office space, catering to a range of preferences and operational styles. The property's location in the heart of Great Neck Plaza provides unparalleled convenience and accessibility. The building's "boutique" style offers a sophisticated and professional environment. The available space is suitable for a variety of uses, from small executive offices to larger traditional office setups. The address is 60 Cutter Mill Road, Great Neck, NY 11021. This is a multi-tenant building, offering a vibrant and collaborative atmosphere. The building's Class A designation reflects its high-quality construction, modern amenities, and prime location. Interested parties are encouraged to inquire about the available 4,300 square feet and explore the possibilities of establishing their business in this desirable location. The specific layout and configuration of the available space can be further discussed upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 58,952 SF
Lot 0.38 ac (16,596 SF)
APN 02-376-00-0029
UPID US63-1483361

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Real Estate Agency
  • Law Firm
  • Law Firm
  • Law Firm

Location

60 Cuttermill Rd Great Neck, NY 11021
Great Neck metro Census 300700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.91M

Owner & transaction history

since 2013
2 recorded transactions
2018
Price N/A
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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