Jamaica Mixed-Use Building

109-41 Francis Lewis Blvd Jamaica, NY 11429

109-41 Francis Lewis Blvd, Jamaica, NY, 11429
109-41 Francis Lewis Blvd, Jamaica, NY, 11429 109-41 Francis Lewis Blvd, Jamaica, NY, 11429
FOR SALE
Property Type:
Mixed Use
Amount:
$925,000
Cap Rate:
5.43%
Last Verified:
Jun 24, 2022

• 100% Leased Mixed-Use Building • Features Hair Salon on Ground Floor & Apartment Above • Hair Salon Has Been At Location For 10+ Years • Great Location Near Retail Amenities • Close to Walgreens, Domino's Pizza, Various Supermarkets & Other Retail • Right Next to 2 Bus Lines That Connect to Jamaica Transportation Hub

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Map of 109-41 Francis Lewis Blvd, Jamaica, NY, 11429

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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.