Nassau County  »  51-55 Water Mill Ln

51-55 Water Mill Lane, Great Neck, NY 11021 Property Information

51-55 Water Mill Lane, Great Neck, NY 11021 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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51-55 Water Mill Lane, Great Neck, NY 11021
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Address

Primary address 51-55 Water Mill Lane, Great Neck
Zip code 11021
County Nassau
Town/City North Hempstead
Village (swiss code) None (unincorporated town)
Parcel ID 2-42-305

Sales & Tax Overview for 51-55 Water Mill Lane, Great Neck

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 04/08/2009
Sale price $1,812,000
Arm's length
Current property tax $116,212

Lot & Building Information for 51-55 Water Mill Lane, Great Neck

Building sqft 19,151
Building class Office Building (464.14)
Land Primary site
Topography Level
Acreage 0.807
Buildings on lot 1
Year built 1951
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district (See more on map)
Capitalization rate
Street Paved
Traffic Medium
Area type Commercial/Industrial park
School district Great Neck UFSD

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Commercial Buildings

Square footage Structure Grade Year built Stories
19,151 Office 10k-20k sf C+ 1951 1

Floor Distribution

Floors Square footage Use Construction Condition Exterior wall Heating Air conditioning Plumbing
01-01 240 Support area
01-01 19,151 Offices 10,000 - 20K sf Central

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Income and Expenses

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Other Property Data for 51-55 Water Mill Lane, Great Neck

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  • • Improvements for 51-55 Water Mill Lane, Great Neck , including their type, square footage, grade and when they were built.
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About 51-55 Water Mill Lane, Great Neck

How many sq. ft. does 51-55 Water Mill Lane, Great Neck, NY 11021 have & what is the price per sq. ft?

This Office Building (464.14) located at 51-55 Water Mill Lane, Great Neck, NY 11021 has a total of 19,151 square feet and a current price per square foot of $94.

What is the year built & the current market value of 51-55 Water Mill Lane, Great Neck, NY 11021?

51-55 Water Mill Lane, Great Neck, NY 11021 was built in 1951 and has a current tax assessor's market value of $1,821,700.

Ownership Information

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Past Sales & Property History for 51-55 Water Mill Lane, Great Neck

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Purchase date Purchase price Buyer name Seller name
04/08/2009 $1,812,000
02/22/2008 $1,529,000
05/16/2007 $2,780,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 51-55 Water Mill Lane, Great Neck

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Date Type Amount Party 1 Party 2
04/14/2026 - R Other
(Mortgage satisfaction)
04/21/2009 - R
04/08/2009 - D
Deed
03/11/2008 - R
02/22/2008 - D
Deed
05/29/2007 - R
05/16/2007 - D
Deed
05/03/2005 - R
04/07/2005 - D
Deed
01/09/1998 - R
12/31/1997 - D
Deed
08/15/1995 - R
08/03/1995 - D
Deed
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R: Recorded date
D: Document date

Property Taxes for 51-55 Water Mill Lane, Great Neck

Access detailed property tax data for 51-55 Water Mill Lane, Great Neck, NY 11021. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2026
Base tax $109,562
Current property tax $116,213
Tax class
Market value $1,821,700
Assessed value $18,217
Transitional assessed value

Assessment History for 51-55 Water Mill Lane, Great Neck

Here's the assessment & property tax history for 51-55 Water Mill Lane, Great Neck, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2026 $1,821,700 $18,217 601.427 $109,562 +4.06%
2025 $1,821,700 $18,217 577.977 $105,290 -2.89%
2024 $2,496,230 $19,969 551.278 $108,425 -13.41%
2023 $2,125,300 $21,253 599.007 $125,210 -19.58%
2022 $2,496,200 $24,962 623.724 $155,694 -10.07%

Permits for 51-55 Water Mill Lane, Great Neck

The complete history of permits filed for 51-55 Water Mill Lane, Great Neck, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
12/23/2014
07/12/2013
       
       
       
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Great Neck residential market stats

Median Sale Price
$1,337,500
4.1% YoY
Median Price/Sqft
$723
28% YoY
Nassau County Median Sale Price
$800,000
5.3% YoY

Access a detailed real estate market overview of Great Neck so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Great Neck and compare it to other neighborhoods in Nassau County.

Check out recently sold homes in Great-Neck and see how their prices compare.

Demographics by Zip Code

Total population 19,783
Median age 46.1
Average household income $201,354
Family households 62.9%
Occupied housing units 8,165
Owner occupied units 70.5%
People per household (average) 2.38
Median year structure built 1955
Median value for units with a mortgage $731,000
Median value for units without a mortgage $593,900

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

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Neighbors for 51-55 Water Mill Lane, Great Neck

Here are the neighbors for 51-55 Water Mill Lane, Great Neck.

Address Square feet Purchase date Purchase price
305 Great Neck Rd, Great Neck
65 Watermill Ln, Great Neck 5,000 12/02/2016
17 Water Mill Ln, Great Neck 3,230 03/04/2021 $3,075,000
85 Watermill Ln, Great Neck 2,424 01/21/2004 $360,000
81 Watermill Ln, Great Neck 2,304 11/10/2005
57 Water Mill Ln, Great Neck 5,932 10/07/1998 $390,000
49 Water Mill Ln, Great Neck 4,156 08/08/2013 $1,615,000
31 Watermill Ln, Great Neck 12/23/2005 $3,500
45 Watermill Rd, Great Neck 4,998 09/29/2003 $158,333
75 Water Mill Ln, Great Neck 1,546 03/05/2026 $1,000,000
363 Great Neck Rd, Great Neck 4,725 02/16/2000 $1,150,000
79 Water Mill Rd, Great Neck 2,686 04/27/2011
83 Watermill Rd, Great Neck 2,856 08/17/2004 $450,000
37-39 Watermill Ln, Great Neck 5,264 03/19/2002 $500,000
25 Watermill Ln, Great Neck 03/04/2021 $3,075,000
87 Watermill Ln, Great Neck 2,424 07/23/2021 $982,000
300 Great Neck Rd, Great Neck 7,572 05/14/2013 $1,708,000
71 Water Mill Rd, Great Neck
31 Water Mill Ln, Great Neck 29,326 01/30/2002 $1,000,000
77 Watermill Ln, Great Neck 2,998 09/16/2011

Nearby ZIP Codes for 51-55 Water Mill Lane, Great Neck

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