Harbor Square Mall

134 Main St Port Jefferson, NY 11777

134 Main St, Port Jefferson, NY, 11777
134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777 134 Main St, Port Jefferson, NY, 11777
FOR SALE
Property Type:
Neighborhood Center
Amount:
$5,095,000
Cap Rate:
6.53%
Last Verified:
Nov 29, 2022

• Located in the center of The Village of Port Jefferson Harbor District and Across From Starbucks • Recent Capital Improvements Include Roof, HVAC, & Sprinkler System • Port Jefferson Lobster House is One of Port Jefferson's Most Successful Restaurants For The Last 28 Years • Sea Creations Tenant Has Been in Business For Around 47 Years • 366 New Apartments In Various Stages of Construction Within The Village - Spurring Greater Market Activity • RE Taxes were Recently Grieved (Tax Certiorari) • The Village Pays a Percentage of Income Generated From Parking • Tenants Pay a Proportionate Share Toward Taxes (Already Included in Rent) • New Electrical Bank & Gas Bank Installed in 2017

Additional URLs

Map of 134 Main St, Port Jefferson, NY, 11777

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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.