Bayville Mixed-Use Building

78-88 Bayville Ave Bayville , NY 11709

78-88 Bayville Ave , Bayville , NY, 11709
78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709 78-88 Bayville Ave , Bayville , NY, 11709
FOR SALE
Property Type:
Mixed Use
Amount:
$2,650,000
Cap Rate:
6.02%
Last Verified:
Jun 29, 2022

• 100% Leased Mixed-Use Building Built in 1887 • Renovated With Updated Features & Facelift • Consists of 5 Commercial Units and 5 Apartment Units Above • Features Approximately 21 On-Site Parking Spaces • Great Visibility - Sits on the Corner of a Signalized Intersection

Additional URLs

Map of 78-88 Bayville Ave , Bayville , NY, 11709

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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.