Mixed-Use Building in Hempstead

682 Fulton Ave Fulton Avenue Hempstead, NY 11550

682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550
682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550 682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550 682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550 682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550
FOR SALE
Property Type:
Mixed Use
Amount:
$1,149,000
Cap Rate:
0.00%
Last Verified:
Oct 26, 2023

• Mixed-Use Building with Commercial & Residential Units • There are (2) Commercial Units and (4) Residential Units • The Residential Units are Considered to be Section 8 Housing • The Commercial Tenants Have 5% Annual Increases in Rent • High Traffic Counts on Fulton Ave: 54,333 Cars Per Day • Located Close to the Meadowbrook State Pkwy • 1 Mile From the Hempstead Train Station • Within Walking Distance to Several Neighborhood Retail & Amenities • Down the Block from Hofstra University

Additional URLs

Map of 682 Fulton Ave Fulton Avenue , Hempstead, NY, 11550

Presented by:
American Investment Properties

Request additional information
Ron Koenigsberg


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.