Mixed-Use Building in Flushing

43-51 Byrd St Flushing , NY 11355

43-51 Byrd St, Flushing , NY, 11355
43-51 Byrd St, Flushing , NY, 11355 43-51 Byrd St, Flushing , NY, 11355 43-51 Byrd St, Flushing , NY, 11355 43-51 Byrd St, Flushing , NY, 11355 43-51 Byrd St, Flushing , NY, 11355
FOR SALE
Property Type:
Mixed Use
Amount:
$3,100,000
Cap Rate:
0.00%
Last Verified:
Jan 12, 2024

• Fully-Occupied Office & Apartment Building in Flushing, NY • Situated in a Prime Location in Flushing - Located One Block from Main St, Queens Botanical Gardens, & Kissena Park • Utilities are Separately Metered • Surrounded by Various Bus Lines & Major Highways such as the Van Wyck Expy & Long Island Expy • Tenants are Paying Below Market Rents - Potential for Rental Growth • *Please Do Not Disturb the Tenants*

Map of 43-51 Byrd St, Flushing , NY, 11355

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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.