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95-107 Middle Neck Rd 20,000 SF 100% Leased Retail Building Great Neck, NY 11021 $8,999,999 ($450.00/SF) 6.84% Cap Rate



INVESTMENT HIGHLIGHTS
- Rare & Irreplaceable Location
- Strong & Stable Cash Flow
- Turnkey 1031 Exchange Asset
- Sought-after and high-traffic commercial hub
EXECUTIVE SUMMARY
Ultra-Prime 1031 Exchange Investment – 17 Maple Dr, Great Neck
Extremely Rare Trophy Asset – close to 7% Cap Rate in the Heart of Great Neck’s Busiest Commercial District
An unparalleled investment opportunity, 17 Maple Dr is located in Great Neck’s most sought-after and high-traffic commercial hub, making it a true gem for investors and 1031 exchange buyers. This high-yield, mixed-use property features stable, long-term tenants across retail and office spaces, ensuring consistent cash flow and future appreciation.
Investment Highlights:
Irreplaceable Location – Situated in Great Neck’s busiest commercial corridor, benefiting from exceptional foot traffic, visibility, and demand.
High-Performance Asset – Fully leased with a strong tenant mix, securing stable, long-term passive income.
Turnkey 1031 Exchange Opportunity – Close to 7% cap rate in a supply-constrained market, offering an ideal tax-advantaged investment.
Unmatched Market Demand – Retail and office space in this district is highly coveted, making this an extremely rare opportunity to own a prime asset.
Excellent Connectivity – Steps from LIRR, major highways, and luxury residential neighborhoods, attracting affluent customers and businesses.
Long-Term Growth Potential – Great Neck’s booming economy and limited commercial inventory make this an appreciating trophy asset.
Once-in-a-lifetime opportunity! Contact us today for financials and a private tour.
Extremely Rare Trophy Asset – close to 7% Cap Rate in the Heart of Great Neck’s Busiest Commercial District
An unparalleled investment opportunity, 17 Maple Dr is located in Great Neck’s most sought-after and high-traffic commercial hub, making it a true gem for investors and 1031 exchange buyers. This high-yield, mixed-use property features stable, long-term tenants across retail and office spaces, ensuring consistent cash flow and future appreciation.
Investment Highlights:
Irreplaceable Location – Situated in Great Neck’s busiest commercial corridor, benefiting from exceptional foot traffic, visibility, and demand.
High-Performance Asset – Fully leased with a strong tenant mix, securing stable, long-term passive income.
Turnkey 1031 Exchange Opportunity – Close to 7% cap rate in a supply-constrained market, offering an ideal tax-advantaged investment.
Unmatched Market Demand – Retail and office space in this district is highly coveted, making this an extremely rare opportunity to own a prime asset.
Excellent Connectivity – Steps from LIRR, major highways, and luxury residential neighborhoods, attracting affluent customers and businesses.
Long-Term Growth Potential – Great Neck’s booming economy and limited commercial inventory make this an appreciating trophy asset.
Once-in-a-lifetime opportunity! Contact us today for financials and a private tour.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1971
Price
$8,999,999
Price Per SF
$450.00
Cap Rate
6.84%
NOI
$615,577
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.23 AC
Frontage
9’ on Maple Dr
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2213-02-212-00-0162-0 | Improvements Assessment | $23,723 (2025) |
| Land Assessment | $4,968 (2025) | Total Assessment | $28,691 (2025) |
PROPERTY TAXES
Parcel Number
2213-02-212-00-0162-0
Land Assessment
$4,968 (2025)
Improvements Assessment
$23,723 (2025)
Total Assessment
$28,691 (2025)
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95-107 Middle Neck Rd
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