Mixed-Use Building in College Point

123-18 18th Ave College Point , NY 11356

123-18 18th Ave , College Point , NY, 11356
123-18 18th Ave , College Point , NY, 11356 123-18 18th Ave , College Point , NY, 11356 123-18 18th Ave , College Point , NY, 11356 123-18 18th Ave , College Point , NY, 11356 123-18 18th Ave , College Point , NY, 11356
FOR SALE
Property Type:
Mixed Use
Amount:
$1,880,000
Cap Rate:
0.00%
Last Verified:
Apr 26, 2024

• Retail & Multi-Family Building in College Point, NY • (2) Retail Spaces & (2) Multi-Family Spaces • (2) 4-Bed, 2-Bath • All Utilities are Separately Metered • Fully-Renovated • Great Location on a Corner Property • Close Proximity to College Point Center Shopping Mall • Surrounded by Various Other Neighborhood Retail • One Block Away from the Poppenhusen Playground

Map of 123-18 18th Ave , College Point , NY, 11356

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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.