Mary Drennen - John J Lease Realtors Logo
$8,990,000
( $301.60Per Sq Foot )
 $48,260 est/mo Sourced by Back At You

17 Maple Drive,Great Neck, NY 11021

Great Neck, NY 11021

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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.

Details

MLS #959080
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1971
Days On Site206
Listing Provided ByB Square Realty | Wenting Wang

Features

SQ Feet29,808
BasementY
Acreage0.23

Interior

CoolingCentral Air, Electric, Multi Units
HeatingElectric, Hot Water

Exterior

Construction MaterialsBrick

Utilities

UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Water Connected
SewerOther, Public Sewer

Taxes

Tax Year2024
Tax Assessed Value28691
Tax Annual Amount154101.07

Area Information

StateNY
CountyNassau County
CityGreat Neck
Zip Code11021
Listing VS Median (in 11021)
Price:
$8,990,000
low | high
Med:
$512,994
100% of Average
sqft:
29,808
low | high
Med:
1,050
100% of Average
$ / sqft:
$302
low | high
Med:
$509
18.84097674645% of Average
On site:
206
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 11021

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Learn More About This Property

Mary Drennen

Mary Drennen

John J Lease REALTORS

 (914) 456-1749marydrennen1@gmail.com
StateNY
CountyNassau County
CityGreat Neck
Zip Code11021
Listing VS Median (in 11021)
Price:
$8,990,000
low | high
Med:
$512,994
100% of Average
sqft:
29,808
low | high
Med:
1,050
100% of Average
$ / sqft:
$302
low | high
Med:
$509
18.84097674645% of Average
On site:
206
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $6.742M - $11.237M
sqft: 22,000 - 37,000
Nearby Listings Property ImageNearby Listings Details
1 Maple Drive 3H Property Photo 1
$318,000
1 Maple Drive 3h
Great Neck, NY 11021
Listing Updated: July 9, 2026 at 3:20:18 PM PDT

Mary Drennen - John J Lease Realtors