Mixed-Use Building in College Point

18-01 120th St , NY 11356

18-01 120th St , NY, 11356
18-01 120th St , NY, 11356 18-01 120th St , NY, 11356 18-01 120th St , NY, 11356
FOR SALE
Property Type:
Mixed Use
Amount:
$1,749,000
Cap Rate:
0.00%
Last Verified:
Dec 01, 2023

• Mixed-Use Building Consisting of (2) Office Spaces and (2) MultiFamily Units • Fully-Occupied Building with Residential Tenants Paying Under Market Rents • There is 3,000 SF for 8 Truck/Van Parking Spaces Behind the Building & 2 Garage Spaces Available for Rent • Surrounded by Local Retail & Amenities • Walking Distance to the College Point Shopping Plaza • Close Proximity to LaGuardia Airport, the Whitestone Expy, the Grand Central Pkwy, & More

Map of 18-01 120th St , NY, 11356

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.