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The One at Great Neck 523-531 Middle Neck Rd 10 Unit Apartment Building $12,000,000 ($1,200,000/Unit) Great Neck, NY 11023
INVESTMENT HIGHLIGHTS
- Rare Opportunity - Luxury newly-built elevatored mixed-use building with parking in heart of Great Neck
- Strong & Stable Cash Flowing Asset - (10) residential units with (3) ground floor retail spaces in a market with high demand and strong demos.
- Prime Great Neck Location - Situated on Middle Neck Road, directly adjacent to Everfresh Supermarket, with 25,639 average annual daily traffic (AADT).
- Superior Demographics - Located on the North Shore of Long Island with one of the highest per capita income in the country.
EXECUTIVE SUMMARY
NEWLY-BUILT TROPHY MIXED-USE BUILDING IN GREAT NECK
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 702 |
| 2+2 | 8 | - | 1,027 - 1,362 |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 2209-01-053-00-0009-0 | Improvements Assessment | $20,734 |
| Land Assessment | $2,087 | Total Assessment | $22,821 |
PROPERTY TAXES
Parcel Number
2209-01-053-00-0009-0
Land Assessment
$2,087
Improvements Assessment
$20,734
Total Assessment
$22,821
CONTACTS
-
Stephen Preuss -
Kevin Louie -
Kevin Schmitz -
Andreas Efthymiou -
Ripco Real Estate
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The One at Great Neck | 523-531 Middle Neck Rd
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