Proudly to presenting this exceptionalmultifamily, 18-unit garden apartment building in the highly desirable Village ofThomaston in Great Neck. Located in the prestigious Gold Coast of Long Island andbenefiting from the Great Neck UFSD and Option Zone (ranked 6th out of 596school districts in New York), this property offers a rare combination of location,convenience, and immediate rental growth.The property itself consists of four tax lots, each containing a two story brickmultifamily building. Combined, there are 18 units, over 20 parking spots, 5 drive ingarages and 2 driveways. The buildings have been well maintained, the unitsupdated modestly and the landscaping provides very attractive curb appeal. Thereare four different mechanical rooms, one per building and one more meticulousthan the next. The apartments feel roomy and the bedrooms are all decently sizedwith closets.The property is ideally situated just minutes from Northern Boulevard and LongIsland Medical Center, with convenient access to shopping, dining,transportation, major centers, and a quick commute to New York City.The surrounding Great Neck community provides an attractive suburban setting.with an upscale community park right across the street. The additional parking andpark setting further enhance the property's appeal and convenience for residents.With its prime Gold Coast location, strong surrounding neighborhood, convenientNYC access, substantial parking, flexible parcel structure, and potential for rentaland operational upside, this 18-unit garden apartment property presents anattractive opportunity for an investor seeking both current income and long-termappreciation in one of Long Island's most desirable markets.
| MLS # | 1052240 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1943 |
| Days On Site | 57 |
| Listing Provided By | BERKSHIRE HATHAWAY | Fatima Smith |
| Story(s) | 2 |
|---|---|
| Units | 18 |
| Acreage | 0.46 |
| Cooling | Electric |
|---|---|
| Heating | Electric, Natural Gas |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Parking Features | Driveway, Garage, Parking Lot |
|---|
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 0 |
|---|---|
| Tax Annual Amount | 93437690000 |
| State | NY |
|---|---|
| County | Nassau County |
| City | Great Neck |
| Zip Code | 11021 |
| Listing VS Median (in 11021) | |
Price: $11,800,000 low | high Med: $488,888 On site: 57 low | high Med: 201 | |
| State | NY |
|---|---|
| County | Nassau County |
| City | Great Neck |
| Zip Code | 11021 |
| Listing VS Median (in 11021) | |
Price: $11,800,000 low | high Med: $488,888 On site: 57 low | high Med: 201 | |