2023 Office Space Rent & Sales
- $38.96 2023 Avg. Asking Rent
- 3.91% 2023 Office Vacancy Rate
Great Neck office price per square foot in 2023 was $38.96 on average. The local office market recorded an average vacancy rate of 3.91% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- New York Class A & A+ Office Space$64.56
- New York Class B Office Space$36.62
- New York Class C Office Space$45.97
Great Neck, NY Office Asking Rents by Class
Office Spaces for Rent in New York
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2023 Office Construction in Great Neck, NY
| Office building | Address | SF | Completed |
|---|---|---|---|
| 825 Northern Blvd | 825 Northern Blvd, 11021 | 35,000 | 1996 |
| 111 E Shore Rd | 111 E Shore Rd, 11030 | 58,137 | 1982 |
| 111 Great Neck Road | 111 Great Neck Rd, 11021 | 200,000 | 1980 |
| The Towers at 111 Great Neck Road | 111 Great Neck Road, 11021 | 160,262 | 1980 |
| Lake Success Plaza | 1 Hollow Lane, 11020 | 110,000 | 1980 |
| 60 Cutter Mill Rd | 60 Cutter Mill Rd, 11021 | 125,000 | 1978 |
| 29 Barstow Rd | 29 Barstow Rd, 11021 | 23,118 | 1973 |
| 277 Northern Blvd | 277 Northern Blvd, 11021 | 18,872 | 1971 |
| 320 Northern Blvd | 320 Northern Blvd, 11021 | 15,818 | 1961 |
| 45 N Station Plz | 45 N Station Plz, 11021 | 31,000 | 1957 |
Worth noting among recent office completions on the Great Neck market is 825 Northern Blvd, which is currently the largest new office development in the city, at 35,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Great Neck commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.