Mixed-Use Building in Corona

37-56 103rd St Corona , NY 11368

37-56 103rd St, Corona , NY, 11368
37-56 103rd St, Corona , NY, 11368 37-56 103rd St, Corona , NY, 11368 37-56 103rd St, Corona , NY, 11368 37-56 103rd St, Corona , NY, 11368 37-56 103rd St, Corona , NY, 11368
FOR SALE
Property Type:
Mixed Use
Amount:
$6,500,000
Cap Rate:
0.00%
Last Verified:
Jul 26, 2023

• Retail & Multi-Family Building For Sale in Corona, NY • (6) 2-Bed, 1 Bath with Balcony & (2) Retail Spaces • (1) Retail Space on the Ground Floor & (1) Retail Space in the Basement • 35 ft of Frontage on 103rd St • Newly Constructed (2019) • Surrounded by Various Other Neighborhood Retail • Close Proximity to the 103 St-Corona Plaza Subway Station

Map of 37-56 103rd St, Corona , NY, 11368

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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.