523-531 Middle Neck Rd - Apartments FOR SALE


Great Neck, NY 11023
$12,000,000 USD
718-663-2639
523-531 Middle Neck Rd, Great Neck, NY for Sale
$12,000,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

523-531 Middle Neck Rd
Great Neck, NY 11023


HIGHLIGHTS

  • Rare Opportunity - Luxury newly-built elevatored mixed-use building with parking in heart of Great Neck
  • Prime Great Neck Location - Situated on Middle Neck Road, directly adjacent to Everfresh Supermarket, with 25,639 average annual daily traffic (AADT).
  • Strong & Stable Cash Flowing Asset - (10) residential units with (3) ground floor retail spaces in a market with high demand and strong demos.
  • Superior Demographics - Located on the North Shore of Long Island with one of the highest per capita income in the country.

OVERVIEW

NEWLY-BUILT TROPHY MIXED-USE BUILDING IN GREAT NECK

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,200 USD /SF

# OF UNITS

10

PRICE/UNIT

$1,200,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The One at Great Neck

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,918 SF

ZONING

Business A Zone

APN/PARCEL ID

2209-01-053-00-0009-0

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.