+/- 6300 sf block building available for sale in Albany, NY

204 2nd Street Albany, NY 12210

204 2nd Street, Albany, NY, 12210
For Sale Albany, NY
204 2nd Street, Albany, NY, 12210
FOR SALE
Property Type:
Schools/Education
Amount:
$625,000
Last Verified:
Mar 31, 2021

Albany NY building for sale office medical dental clinic conversion

Map of 204 2nd Street, Albany, NY, 12210

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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.