Jamaica Ave Mixed-Use Building

208-15 Jamaica Ave Queens Village , NY 11428

208-15 Jamaica Ave , Queens Village , NY, 11428
208-15 Jamaica Ave , Queens Village , NY, 11428 208-15 Jamaica Ave , Queens Village , NY, 11428 208-15 Jamaica Ave , Queens Village , NY, 11428 208-15 Jamaica Ave , Queens Village , NY, 11428
FOR SALE
Property Type:
Mixed Use
Amount:
$825,000
Cap Rate:
6.91%
Last Verified:
Oct 04, 2022

• Fully Occupied Retail Unit & 3 Bedroom Residential Unit Above • High Traffic Counts • Close Proximity to Highways, Train Stations, and Bus Lines • Surrounded by Other Neighborhood Retail & Religious Institutions • Prime Location on Jamaica Ave • Apartment Tenants are Currently Paying an Under Market Rent

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Map of 208-15 Jamaica Ave , Queens Village , NY, 11428

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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.