Flushing Office Building

12909 26th Ave Flushing , NY 11354

12909 26th Ave , Flushing , NY, 11354
12909 26th Ave , Flushing , NY, 11354 12909 26th Ave , Flushing , NY, 11354 12909 26th Ave , Flushing , NY, 11354 12909 26th Ave , Flushing , NY, 11354 12909 26th Ave , Flushing , NY, 11354 12909 26th Ave , Flushing , NY, 11354
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$21,999,999
Cap Rate:
4.65%
Last Verified:
Aug 05, 2022

• 35 Unit Office & Industrial Building • Features 5 Industrial Units & 30 Office Units • Has On-Site Parking & Near Public Parking Lots • Value-Add Opportunity to Lease-Up Spaces to Market Rents • Contains 2 Loading Bays & Elevator Access to Floors • New Roof with Solar Panels - 10% Deduction on Electricity • Solar Panels Entitle Building to Yearly Tax Rebate • Close Proximity to The Whitestone Expressway and Northern Blvd

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Map of 12909 26th Ave , Flushing , NY, 11354

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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.