11 Middle Neck RdGreat Neck, NY 11021
- Office buildings
- 12,694 SF
Property Details for 11 Middle Neck Rd
- Year built
- 1913
- Construction
- FRAME
- Lot size
- 0.43 AC
- Property size (Sq ft)
- 12,694 SF
- Property type
- Office buildings
- APN
- 02-196-00-0041
- APU
- 2196000041
Description
This exceptional office building at 11 Middle Neck Road in Great Neck, NY, 11021 offers 38,514 square feet of traditional office space. The property is ideally situated next to the Great Neck Long Island Rail Road (LIRR) station, providing convenient access to public transportation. The building features multiple tenancies, with 16 individual spaces currently available, ranging in size from 350 square feet to 5,000 square feet. This allows for flexibility to accommodate businesses of various sizes and needs. The modern amenities and versatile spaces are designed to create a professional and productive work environment. The stylish architecture and convenient location near major transportation routes create an impressive setting for both clients and employees. This highly sought-after address in Nassau County presents a unique opportunity for businesses seeking a prestigious and easily accessible location to establish or expand their operations. The building's design fosters a professional atmosphere, enhancing the overall business experience. This is an excellent opportunity to secure prime office space in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,492,136
- 6.5%
- $2,300,433
- 7%
- $2,136,116
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,658,598
- Geo Method
- $1,658,598
-
Alternative Use
- Use
- Valuation
- Residential
- $2,852,537
- Hospitality
- $2,612,909
- Educational
- $2,173,909
- Medical
- $2,248,674
- Retail
- $3,381,637
Location Insight
- City
- Great Neck
- County
- Nassau
- State
- New York
- Latitude
- 40.7875
- Longitude
- -73.7276
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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