Yangzi Realty LLC has been retained on an exclusive basis to arrange for the Sale of 172 Middle Neck Road, Great Neck, N.Y. 11021.
The subject property is a Free Standing Commercial Building with the Parking Lot. The property is located on a busy Middle Neck Road, in a Beautiful Town of Great Neck, NY. The property is divided into 3 (Three) retail units (stores), and has 40 car parking spots. The first retail store is occupied by the NU-CLEAR CLEANERS, they have been in existence for more than 45 Years and their current rent is : $8,853 Per Month. The space is approximately 4,311 SF plus cellar. The second retail store is occupied by the Bagel Mensch, they have been in existence for more than 30 Years and their current rent is: $ 6,300 Per Month.
The space is approximately 2,406 SF plus cellar. The third retail store was occupied by Chinese Restaurant for more than 20 Years, however it is vacant now and available for lease, asking rent: $4,000 Per Month, Projected $3,700 Per Month. The space is approximately 1,453 SF plus cellar. The whole site is irregular, approximately 100 x 130 x 180, total lot is over 16,000 SF. Long Term tenancy and an excellent location, the property pose a rare and special opportunity for investors, for users and for 1031 exchange buyer.