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    FOR LEASE
    Office buildings

    705 Middle Neck Rd, Great Neck, NY 11023

    2,495 SF 0.06 ac lot Built 1910
    Entity Owned Free & Clear
    Property ID
    US63-3474189
    Property summary
    AI-generated overview

    This exceptional commercial property at 705 Middle Neck Road, Great Neck, NY 11023, offers 25,000 square feet of versatile office space, ideal for a variety of businesses. Recently renovated in 2022, the building boasts modern amenities and a prime location on a corner lot at the intersection of Middle Neck Road and Hicks Lane, ensuring high visibility and accessibility. The property features three suites within a four-building complex, with a minimum divisible space of 800 square feet and a maximum contiguous space of 13,000 square feet, providing flexibility for businesses of all sizes. Currently, 13,000 square feet is available. The building's three stories offer a 9-foot ceiling height, and the updated entrance includes high-tech finishes and a reception area with direct elevator access. The 0.8-acre lot provides ample space, and 25 private parking spaces are available for tenants and their clients. The building is conveniently located near major businesses such as Chase Bank, True Value, 7-Eleven, and the USPS, and benefits from public transportation access. Built in 1910, this Class B property offers a blend of historical charm and modern functionality, making it an attractive option for businesses seeking a prestigious and convenient location in Great Neck. The space is currently in shell condition, allowing for customization to meet specific tenant needs. Air conditioning is available.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1910
    Construction FRAME
    Total area 2,495 SF
    Lot 0.06 ac (2,492 SF)
    APN 01-088-00-0475
    UPID US63-3474189
    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
    • MIKAEL AGHAL Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.32M
    Owner & transaction history
    MSA MIDDLE NECK REALTY LLC
    MSA MIDDLE NECK REALTY LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $2.2M +24.3%
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    More about this property
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