This listing is under contract.

East Northport Mixed-Use Property

2-20 Larkfield Rd East Northport, NY 11731

2-20 Larkfield Rd, East Northport, NY, 11731
2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731 2-20 Larkfield Rd, East Northport, NY, 11731
UNDER CONTRACT FOR SALE
Property Type:
Mixed Use
Amount:
$2,099,500
Cap Rate:
6.91%
Last Verified:
Jul 21, 2022

• Roofing was Replaced in 2021 and Have 10-Year Warranty/Guarantee • Tenants Pay Utilities & Have a Tax, Insurance & Cost of Living Escalation Clause • Property is Surrounded by Various Neighborhood Retail • Long Standing Tenants at Location for Decades (20+ Years) • Conveniently Located Next to the Train Station and Close to Bus Lines

Additional URLs

Map of 2-20 Larkfield Rd, East Northport, NY, 11731

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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.