277 Northern BlvdGreat Neck, NY 11021

Property Details for 277 Northern Blvd

Year built

1971

Construction

CONCRETE

Lot size

0.46 AC

Property size (Sq ft)

18,872 SF

Property type

Office buildings

APN

02-241-00-0323

APU

2241000323

Description

This newly renovated Class A office building in Great Neck, Nassau County, offers exceptional executive office space for lease. Two suites are currently available, ranging in size from 545 square feet to 2,588 square feet, providing flexibility for various business needs. The building boasts a brand-new interior and exterior, showcasing a high-end, state-of-the-art design. Located on Northern Boulevard at the Queens-Long Island border, this prime location provides unparalleled commuter convenience with easy access to major highways and the Long Island Rail Road (LIRR). A bus stop is conveniently located at the building entrance. The property features ample on-site parking for tenants and visitors, ensuring convenient access for everyone. For businesses seeking a customized workspace, the owner offers build-to-suit options, allowing tenants to create an office environment perfectly tailored to their specific requirements. Furthermore, tenants benefit from 24/7 security provided by on-site management and surveillance, ensuring a safe and secure working environment. The building's proximity to a variety of popular restaurants and shops adds to its appeal, offering employees convenient access to dining and retail options. This is a truly exceptional opportunity to secure premium office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,120,105

  6.5%

  $2,880,097

  7%

  $2,674,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,465,816

  Geo Method

  $2,465,816

• Alternative Use

  Use

  Valuation

  Residential

  $3,571,320

  Hospitality

  $3,271,310

  Educational

  $2,721,692

  Medical

  $2,815,295

  Retail

  $4,233,743

Location Insight

City

Great Neck

County

Nassau

State

New York

Latitude

40.7779

Longitude

-73.7265

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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