Baldwin Retail Strip

851-861 Merrick Rd Baldwin , NY 11510

851-861 Merrick Rd, Baldwin , NY, 11510
851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510 851-861 Merrick Rd, Baldwin , NY, 11510
FOR SALE
Property Type:
Strip Center
Amount:
$1,999,000
Cap Rate:
8.47%
Last Verified:
Sep 15, 2023

• 5 Unit Retail Strip in Baldwin • Great Lease-Up Opportunity • On-Site Parking in the Back • 102' Frontage on Merrick Rd • High Traffic Counts: 23,728 VPD • Surrounded by Various Other Retail Stores • Tenants Reimburse for Taxes & Responsible For Other Expenses

Additional URLs

Map of 851-861 Merrick Rd, Baldwin , NY, 11510

Presented by:
American Investment Properties

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Ron Koenigsberg


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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.