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Office

3 Grace Avenue

3 Grace Ave, Great Neck, NY 11021

Listing Price: $7,499,000

Cap Rate
6.01%
Gross SF
22,500
Rentable SF
22,500
Price/Gross SF
$333.29
Lot Size
0.23 acres
Year Built
1973

Investment Overview

Numerous Demand Drivers in the Area: Gardens At Great Neck, North Shore Univ. Hospital, & Fresh Meadow Country Club. Prime Location: One Block from the Great Neck LIRR Station. Numerous National Tenants in the Area including CVS Pharmacy, Public Storage, Rite Aid, & Chipotle. Strong Demographics with 127,000 Residents & an Average Household Income of $171,000 within 3 Mile Radius.

Investment Highlights

  • Two-story, Elevator Office Building in the Heart of Great Neck.
  • Renovated Roof in 2021.
  • Approximately 22,500 SQFT Building Resting on a 0.23 Acre Parcel

Exclusively Listed By

Office

3 Grace Avenue

Listing Price: $7,499,000

Cap Rate
6.01%
Gross SF
22,500
Rentable SF
22,500
Price/Gross SF
$333.29
Lot Size
0.23 acres
Year Built
1973

Investment Highlights

  • Two-story, Elevator Office Building in the Heart of Great Neck.
  • Renovated Roof in 2021.
  • Approximately 22,500 SQFT Building Resting on a 0.23 Acre Parcel

Investment Overview

Numerous Demand Drivers in the Area: Gardens At Great Neck, North Shore Univ. Hospital, & Fresh Meadow Country Club. Prime Location: One Block from the Great Neck LIRR Station. Numerous National Tenants in the Area including CVS Pharmacy, Public Storage, Rite Aid, & Chipotle. Strong Demographics with 127,000 Residents & an Average Household Income of $171,000 within 3 Mile Radius.

Exclusively Listed By

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