This listing is under contract.

Jericho Tpke Retail Building

3021 Jericho Tpke East Northport, NY 11731

3021 Jericho Tpke , East Northport, NY, 11731
3021 Jericho Tpke , East Northport, NY, 11731 3021 Jericho Tpke , East Northport, NY, 11731 3021 Jericho Tpke , East Northport, NY, 11731 3021 Jericho Tpke , East Northport, NY, 11731 3021 Jericho Tpke , East Northport, NY, 11731
UNDER CONTRACT FOR SALE
Property Type:
Free Standing Building
Amount:
$1,899,000
Cap Rate:
6.47%
Last Verified:
Oct 13, 2022

• Consists of 7,300 SF Retail Space & 2,200 SF Storage Space • Located on The Busy Jericho Turnpike • Strong Traffic Counts: 37,000 VPD • Surrounded by Other Retail Amenities • Available 1,300 SF of Retail Space • 6,980 SF is Owner-Occupied (Storage, Mezzanine & Ground Space) • 1/4 Mile From Huntington Mall & Home Depot

Additional URLs

Map of 3021 Jericho Tpke , East Northport, NY, 11731

Presented by:
American Investment Properties

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Ron Koenigsberg


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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.