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7 Bond St
Great Neck, NY 11021
Unit 1D · Multifamily Property For Sale · 20 Units

INVESTMENT HIGHLIGHTS

  • Electric Phase: Three Phase; Amps:200; Sewer Desc: Municipal, Sewer; Heating Fuel: Natural Gas; Heating Type: Other

EXECUTIVE SUMMARY

Currently, it is a legal professional office suite as per the Village of Great Neck Plaza tax records. It is occupied by psychiatrists and clinical psychologists. There are 2 small and 1 large office space. Rental Income from 1st & 2nd office: $2119 per month. Office #3 income $995 per month: total: $3114 per month. Leases are up 5/31/24 and tenants must be given 90 days' notice to vacate. This Condo office space can be converted back to become a 1BR/1bath residence. Heat, HW, Water, and daily maintenance are included in the common charges of $299 per month/Taxes $358 per month/ Utilities $66 per month. Flip tax paid by the seller. Mixed-use property 1 block from LIRR and buses, restaurants on the block, and in and around the Great Neck Plaza. Near Ielpi Park on Grace Ave, where you can have your breakfast, lunch, or dinner as there are "FREE" Tuesday night concerts @ 8 PM as well as "FREE" Steppingstone Park access and concerts on the water on the weekends @ 8 PM through Labor Day with your Park card. There is also the Parkwood Pool Complex where you can enjoy our Olympic-sized pool, Water park, Lazy River, diving boards, and 2 food concession stands. There is also a recreation center with varied activities for children and adults, ping pong, pool, basketball, rock climbing, etc. (Indoor Ice skating during the winter months) Great Neck is like a staycation as there are so many things to do. We have a really technologically advanced Great Library that was completely renovated several years ago with the use of 3-D printers to create all sorts of gifts, etc., and computers for the public's use. Great Neck House on Arrandale Ave has "FREE" first-run movies on the weekends, cultural activities, card games, etc.

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Office Medical
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 22,122 SF
No. Stories 1
Year Built 1928
APN / Parcel ID
2213-02-197-00-0129-UCA009000103
  • 2213-02-197-00-0129-UCA009000104
  • 2213-02-197-00-0129-UCA009000105
  • 2213-02-197-00-0129-UCA009000207
  • 2213-02-197-00-0129-UCA009000400
Zoning C - Commercial Office space

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Listing ID: 29097622

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 7 Bond St, Great Neck, NY 11021

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