320 Powers Street, Brooklyn, NY, 11211

320 Powers Street Brooklyn, NY 11211

320 Powers Street, Brooklyn, NY, 11211
320 Powers Street, Brooklyn, NY, 11211
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,500,000
Last Verified:
Jun 06, 2019


Description

4 Story, 8 Unit Rental building on Powers Street.
A short walk from the L train.
Existing Building - Cash flowing Multifamily Building with Upside in East Williamsburg.

East Williamsburg - between Catherine Street and Olive Street

Building Size: 5004.0sq ft
Lot Size: 0.0 acres

Map of 320 Powers Street, Brooklyn, NY, 11211

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.