Property profile

81 Watermill Ln Great Neck, NY 11021

FOR SALE
Office buildings
Saved · see the list in your Dashboard
Property ID
US63-0066165
1,152 SF 0.06 ac Built 1982
Last sale Apr 2005·$115,200
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$14k
Tax billed · 2023
Assessed value$2k
Assessed land$704
Assessed improvement$2k
Effective rate624.29%

Value estimate

· Nov 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$12k
Operating expenses−$13k
NOI · 4.84% cap applied$40k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
4.84%
$40k 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 Center12.4
Parking Facility10.0
Garden Center9.7

Location

81 Watermill Ln Great Neck, NY 11021
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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