310 Shore RdGreat Neck, NY 11023

  • Office buildings
  • 16,071 SF

Property Details for 310 Shore Rd

Year built
1981
Construction
CONCRETE
Lot size
1.53 AC
Property size (Sq ft)
16,071 SF
Property type
Office buildings
APN
01-184-00-0017
APU
1184000017

Description

This exceptional Class A medical office building, located at 310 E Shore Rd in Great Neck, NY 11023, offers 25,636 square feet of prime office space across three stories. Six individual suites are available, ranging from a minimum of 985 square feet to a maximum contiguous space of 8,379 square feet. Currently, 15,682 square feet is vacant, presenting a significant opportunity for immediate occupancy or build-to-suit options. The building features ample parking, catering to the needs of tenants and their clients. Situated on the waterfront, this property provides stunning scenic views. Building amenities include an on-site superintendent and a backup generator, ensuring a smooth and reliable operation. The property is move-in ready, offering immediate access to a prestigious location in Nassau County. This is an ideal location for medical practices or other professional businesses seeking a high-quality, well-maintained space with exceptional visibility and convenient amenities. The building's multiple suite configuration allows for flexibility to accommodate various business sizes and needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,155,085
    6.5%
    $2,912,386
    7%
    $2,704,359
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,099,837
    Geo Method
    $2,099,837
  • Alternative Use

    Use
    Valuation
    Residential
    $3,611,359
    Hospitality
    $3,307,986
    Educational
    $2,752,205
    Medical
    $2,846,858
    Retail
    $4,281,208

Location Insight

City
Great Neck
County
Nassau
State
New York
Latitude
40.8002
Longitude
-73.714
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$484,661
$23,834
$85,578
$109,412
-
-
-
$10,941,200

FAQs

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