9
See all 9 photos
$3,000,000
Est. payment /mo
0.46 Acres Lot
New
37 Spruce ST Great Neck, NY 11021
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1072836
Rental Info No
Year Built 1943
Annual Tax Amount $23,937
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Multi Family
Source onekey2
Property Description
Berkshire Hathaway Commercial Services is proud to present this exceptional 18-unit
multifamily garden apartment building in the highly desirable Village of Thomaston in Great
Neck. Located in the prestigious Gold Coast of Long Island and benefiting from the Great Neck
UFSD and Option Zone (ranked 6th out of 596 school 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 brick multifamily
building. The offering today presents an opportunity for an investor to purchase one, two,
three or all four buildings. Two of the buildings offer 5 units per and the other two buildings
offer 4 units per building. Combined, there are 18 units, over 20 parking spots, 5 drive in garages
and 2 driveways.
The buildings have been well maintained, the units updated modestly and the landscaping
provides very attractive curb appeal. Each building is self-sufficient, featuring four different
mechanical rooms, four laundry rooms and tenant storage areas in each building. The
apartments feel roomy and the bedrooms are all decently sized with closets.
The property is ideally situated just minutes from Northern Boulevard and Long Island
Medical Center, with convenient access to shopping, dining, transportation, 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 and park setting further enhance the property's
appeal and convenience for residents.
With its prime Gold Coast location, strong surrounding neighborhood, convenient NYC access,
substantial parking, flexible parcel structure, and potential for rental and operational upside,
these 18 units spread over four brick garden style buildings present an attractive opportunity
for an investor seeking both current income and long-term appreciation in one of Long Island's
most desirable markets.
multifamily garden apartment building in the highly desirable Village of Thomaston in Great
Neck. Located in the prestigious Gold Coast of Long Island and benefiting from the Great Neck
UFSD and Option Zone (ranked 6th out of 596 school 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 brick multifamily
building. The offering today presents an opportunity for an investor to purchase one, two,
three or all four buildings. Two of the buildings offer 5 units per and the other two buildings
offer 4 units per building. Combined, there are 18 units, over 20 parking spots, 5 drive in garages
and 2 driveways.
The buildings have been well maintained, the units updated modestly and the landscaping
provides very attractive curb appeal. Each building is self-sufficient, featuring four different
mechanical rooms, four laundry rooms and tenant storage areas in each building. The
apartments feel roomy and the bedrooms are all decently sized with closets.
The property is ideally situated just minutes from Northern Boulevard and Long Island
Medical Center, with convenient access to shopping, dining, transportation, 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 and park setting further enhance the property's
appeal and convenience for residents.
With its prime Gold Coast location, strong surrounding neighborhood, convenient NYC access,
substantial parking, flexible parcel structure, and potential for rental and operational upside,
these 18 units spread over four brick garden style buildings present an attractive opportunity
for an investor seeking both current income and long-term appreciation in one of Long Island's
most desirable markets.
Location
State NY
County Nassau County
Interior
Heating Electric, Natural Gas
Cooling Electric
Flooring Brick
Fireplace No
Exterior
Parking Features Driveway, Garage, Parking Lot
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Water Available
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Great Neck
School District Great Neck
Others
Special Listing Condition None
Listed by BERKSHIRE HATHAWAY • John Schoonmaker
NEARBY SCHOOL & BUSINESS
Kevin Smith
Licensed Real Estate Associate Broker License ID: 10301223551
+1(845) 250-3438 | kev.smith@exprealty.com