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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

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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.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $781,872 $39.09
Other Income - -
Vacancy Loss - -
Effective Gross Income $781,872 $39.09
Taxes - -
Operating Expenses - -
Total Expenses $198,311 $9.92
Net Operating Income $583,561 $29.18

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $781,872
Annual Per SF $39.09
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $781,872
Annual Per SF $39.09
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $198,311
Annual Per SF $9.92
Net Operating Income
Annual $583,561
Annual Per SF $29.18

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
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
Zoning
C1 - Commercial district predominantly residential in character
Frontage
9’ on Maple Dr

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Allen Fried MD
  • -
  • -
  • -
  • -
  • Babak Bina DMD
  • -
  • -
  • -
  • -
  • City Wide Eye Csre
  • -
  • -
  • -
  • -
  • Daruma Of Tokyo
  • Accommodation and Food Services
  • -
  • -
  • Jan 2019
  • Services
  • -
  • -
  • -

Brothers Dean and Al Melchiorre had an entrepreneurial spirit that they turned into a reality opening their doors to the public in 1979. dé-al reported success and promise for growth in the years to come. With the main location in Great Neck, NY dé-al provides the perfect setting between New York City and Eastern Long Island for patrons to experience the serenity of salon-style hair, nail and make-up. In 2006, Dean’s daughter, Olivia, came on board as a top stylist, adding fresh inspiration and ideas to the team’s experienced knowledge base. dé-al continues to promote innovation, all while staying firmly rooted in its philosophy of supreme customer service. Come in and enjoy a truly unique experience of class, style and comfort embodied in a chic modern decor.

  • Great Neck Dental Center
  • -
  • -
  • -
  • -
  • Wholesaler
  • -
  • -
  • Jan 2015

JSO is an international industrial food supplier with over 40 years of experience in getting the most value for all your commodity acquisitions. Utilizing their national and international contacts they will be able to guarantee that their quotes are the best attainable in the marketplace. You can also rest assured in the knowledge that if you underestimated your requirements or simply need an alternate source of product in a hurry they have on hand close to 10 million pounds of product in their inventory available for immediate shipment through their Traffic Department. In all these ways they believe they can become a valuable partner on all your companies requirements for today, tomorrow and beyond.

  • Judaica Of Great Neck
  • Retailer
  • -
  • -
  • -
  • Maxine Fried MD
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • Jan 2015

They have a family oriented general practice with an accent on cosmetic dentistry, implants, Invisalign braces and tooth whitening. Bonding, bleaching and porcelain laminates are just a few of the procedures performed daily. They have a new state-of-the-art facilities where the most modern equipment and sterilization techniques are found.

Tenant Industry SF Occupied Rent/SF Lease End
Allen Fried MD - - - -
Babak Bina DMD - - - -
City Wide Eye Csre - - - -
Daruma Of Tokyo Accommodation and Food Services - - Jan 2019
Services - - -
Great Neck Dental Center - - - -
Wholesaler - - Jan 2015
Judaica Of Great Neck Retailer - - -
Maxine Fried MD - - - -
Health Care and Social Assistance - - Jan 2015
Walk Score®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

F45 Training, Inc.
Webster Bank
Bank of America
Santander
Citi
Citizens Bank
Chase Bank
Capital One
Starbucks
Planet Fitness

Property Taxes

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)
  • Listing ID: 34691344

  • Date on Market: 2/1/2025

  • Last Updated:

  • Address: 95-107 Middle Neck Rd, Great Neck, NY 11021

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