Great Neck

Market Intelligence

Great Neck

High-Traffic Retail & Office Hub

5.8%
Avg Cap Rate
4.2%
Vacancy Rate
$38/SF
Avg Rent PSF
2
Active Listings

Overview

Great Neck's Northern Boulevard corridor is one of Nassau County's premier retail and commercial destinations. High vehicle counts (40K+ VPD), affluent demographics, and proximity to Manhattan via LIRR make it a magnet for national and regional tenants. The office market is anchored by financial services, legal, and medical practices.

Rozita's Take

Great Neck is where I've done some of my most significant commercial deals. The demographics are outstanding — high-income households with strong spending power. Retail vacancy along Northern Boulevard is consistently among the lowest in Nassau County. For investors, the combination of credit tenancy and rent growth potential is compelling.

Market Data

Demographics

Affluent, highly educated. Strong spending power. Diverse professional and business community.

Population~41,000 (Greater Great Neck)
Median Household Income$128,000
Traffic Counts40,000+ VPD on Northern Blvd

Major Employers & Tenants

Northwell Health, financial services, legal, retail

Key tenant types: National retail, professional services, medical

Zoning Information

GBR (General Business Retail) along Northern Blvd. PO (Professional Office) on side streets.

Transportation Access

Great Neck LIRR Station — 35 min to Penn Station. Northern Blvd (25A), LIE access.

Commute to NYC: 35 min LIRR

Recent Transactions

AddressTypePrice
100 Northern BlvdRetail Lease$180,000/yr
150 Glen Cove RoadShopping Center$7,200,000
22 Kings Point RoadSingle Family$3,750,000

Interested in Great Neck?

Schedule a consultation to discuss opportunities in this neighborhood.

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