51 Middle Neck Rd | Great Neck, NY 11021
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51 Middle Neck Rd
Great Neck, NY 11021
Citibank - 51 Middle Neck Road · Office Property For Sale
Investment Highlights
- Trophy Retail Opportunity - Prominent two-building assemblage at signalized intersection in downtown Great Neck’s established business district
- Stable Cash-Flowing Asset - Citibank holds a 16-year tenancy since 2007, occupying 60% of the property
- Owner User Potential - Opportunity to occupy a portion of the building with ~4,000 SF of connected space available for immediate occupancy
- High-Traffic Location - Strategic position at the Middle Neck Rd and Grace Ave intersection (25,639 AADT), neighboring Citizens & Santander Bank
- Maximum Visibility - 175 feet of wrap-around frontage along two major thoroughfares, providing exceptional street presence
- Strong Demographics - Serving an affluent trade area with an average household income of $197,316
Executive Summary
Citibank Anchored Trophy Asset in the Heart of Downtown Great Neck
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
9,414 SF
Building Class
B
Year Built
1925
Percent Leased
59%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,707 SF
Slab To Slab
11’
Building FAR
1.13
Lot Size
0.19 AC
Amenities
- Banking
- Security System
PROPERTY TAXES
| Parcel Number | 2213-02-196-00-0001-0 | Improvements Assessment | $16,278 |
| Land Assessment | $4,151 | Total Assessment | $20,429 |
PROPERTY TAXES
Parcel Number
2213-02-196-00-0001-0
Land Assessment
$4,151
Improvements Assessment
$16,278
Total Assessment
$20,429
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