Sterling Plaza, 171 Great Neck Road, Great Neck NY

Nassau County, Great Neck, New York 11021

$37,000,000  

Listing ID Number

24772

Property Description

Cushman & Wakefield has been retained on an exclusive basis
for the sale of Sterling Plaza, a 40-unit package of unsold condominiums.

The package is a part of a 53-unit luxury condominium building in Great Neck on the North Shore of Long Island. The condos are currently fully-leased through 2017. Unit features include high-end finishes, hardwood flooring, individual washer/dryer, stainless steel appliances including a dishwasher, granite countertops, fireplace, patio garden, and terrace. The building offers a large lobby with high ceilings and modern design as well as a camera surveillance system, separated meters, garage parking, and a 24-hour doorman.

Sterling Plaza is located in the heart of Great Neck offering easy access to the Great Neck LIRR station on Middle Neck Road. It is in proximity to neighborhood shopping in the Great Neck Plaza downtown shopping district.

This is a rare opportunity to capitalize on a high-demand residential market in the heart of Great Neck.

Overview

Building Type:Apartment Buildings
Location:Sterling Plaza, Great Neck
Unit Sq Ft:72,166
package square footage
Residential Units:40
40 (2-bedroom), 1 (one-bedroom)
Building Sq Ft:105,000

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com

Benjamin Efraimov
Director
(718) 512 2608
benjamin.efraimov@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.