26 Linden Place, Great Neck Plaza, NY 11021

Nassau County, North Shore, New York 11021

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Listing ID Number

25356

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 26 Linden Place / 15 Barstow Road in Great Neck Plaza, Long Island. 26 Linden Place is an assemblage of four tax lots equating to approximately 33,388 combined lot square footage. Currently on site is a two-story commercial building with on-site parking.

Existing tenants include New York Sports Club (NYSC) and several other o􀀁ce and medical tenants with two vacancies. All tenants are currently operating under month to month leases, and NYSC has a lease in place with a 90 day demolition clause making for an easy transition to a fully vacant building.

According to the current Business - B District zoning, the site allows approximately 104,102 buildable square feet. Conceptual plans include a five-story mixed-use building with ~8,700 square feet of retail, underground parking, and 81 residential units.

26 Linden Place is located directly adjacent to the Great Neck LIRR station making it the most convenient location in all of Great Neck. Additionally it is in walking distance to an abundance of retail on Grace Avenue and Middle Neck Road in the Great Neck Plaza Downtown Shopping District which offers over 250 fine shops and restaurants. Great Neck is a high demand location for new construction residential space and is an attractive neighborhood for new residents.

Overview

Building Type:Commercial Buildings, Development/Conversion Sites
Location:Great Neck Plaza
Lot Dimensions: 109' x 236.81'
approx.
Lot Sq Ft:33,388
approx.
Buildable Sq. Ft:104,102
per conceptual plans
Stories:2
Zoning:Business - B
Building Sq Ft:33,000

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.