Citibank - 51 Middle Neck Road | 51 Middle Neck Rd
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Citibank - 51 Middle Neck Road 51 Middle Neck Rd
9,414 SF 59% Leased Office Building Great Neck, NY 11021 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
Number of Floors
2
Typical Floor Size
4,707 SF
Slab to Slab
11 ft
Building FAR
1.13
Lot Size
0.19 AC
Amenities
- Banking
- Security System
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Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
Parcel Number | 2213-02-196-00-0001-0 | Improvements Assessment | £13,235 |
Land Assessment | £3,375 | Total Assessment | £16,610 |
PROPERTY TAXES
Parcel Number
2213-02-196-00-0001-0
Land Assessment
£3,375
Improvements Assessment
£13,235
Total Assessment
£16,610
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Citibank - 51 Middle Neck Road | 51 Middle Neck Rd
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