MLS#959080
STATUSActive
PROPERTY TYPECommercial -
Property Description
Ultra-prime 1031 exchange investment opportunity in the heart of Great Neck Plaza's busiest commercial corridor. Fully occupied mixed-use commercial building featuring 10 tenants (5 retail + 5 office) with strong, in-place cash flow. Current annual income exceeds $800,000, delivering a rare close to 7% cap rate in a core, transit-oriented downtown location.The property offers long-term stability with significant upside potential. Located in the Business 'B District, which is undergoing zoning modernization encouraging mixed-use redevelopment, allowing for future value enhancement through reconfiguration or repositioning. Steps from LIRR, surrounded by national and local retailers, restaurants, and essential services.Ideal for investors seeking immediate yield, capital preservation, and future redevelopment or income growth potential in one of Long Island's most established downtown markets.
Property Features
Property Type: Commercial -
Basement: Common, Partially Finished
Basement: Yes
Cooling: Central Air, Electric, Multi Units
Heating: Electric, Hot Water
Lot Size: 0.23 Acres
Taxes: $154,101
Year Built: 1971
Feature Descriptions
Building Area Total: 29808
Business Type: Commercial, Professional/Office, Retail
Days on Site: 119
Exterior: Brick
On Market Date: 2026-02-05
Parcel Number: 2213-02-212-00-0162-0
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other, Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 917-547-4288
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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17 Maple Drive | MLS# 959080
This commercial property located at 17 Maple Drive, Great Neck, NY 11021 is currently listed for sale with an asking price of $8,990,000. Search Great Neck real estate on www.coldwellbankerchoice.com today.