2024 Office Space Rent & Sales
- $36.06 2024 Avg. Asking Rent
- 7.69% 2024 Office Vacancy Rate
Great Neck office price per square foot in 2024 was $36.06 on average. The local office market recorded an average vacancy rate of 7.69% 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
2024 Average Office Rent per Square Foot
- New York Class A & A+ Office Space$59.04
- New York Class B Office Space$43.55
- New York Class C Office Space$35.67
Great Neck, NY Office Asking Rents by Class
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2024 Office Construction in Great Neck, NY
| Office building | Address | SF | Completed |
|---|---|---|---|
| 825 Northern Blvd | 825 Northern Blvd, 11021 | 35,000 | 1996 |
| 233 East Shore Road | 233 East Shore Road, 11023 | 35,400 | 1987 |
| 233 East Shore Road | 233 East Shore Road, 11023 | 35,400 | 1987 |
| Manhasset Medical Condominiums | 111 East Shore Road, 11030 | 58,137 | 1982 |
| 83 Watermill Rd | 83 Watermill Rd, 11021 | 2,856 | 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 |
| 60 Cutter Mill Rd | 60 Cutter Mill Rd, 11021 | 125,000 | 1978 |
| 29 Barstow Rd | 29 Barstow Rd, 11021 | 23,118 | 1973 |
| 107 Northern Blvd | 107 Northern Blvd, 11021 | 36,000 | 1971 |
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.
See reports for other markets
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.