Mixed-Use Building in Oceanside

52 Nassau Pkwy Oceanside , NY 11572

52 Nassau Pkwy, Oceanside , NY, 11572
52 Nassau Pkwy, Oceanside , NY, 11572 52 Nassau Pkwy, Oceanside , NY, 11572 52 Nassau Pkwy, Oceanside , NY, 11572 52 Nassau Pkwy, Oceanside , NY, 11572 52 Nassau Pkwy, Oceanside , NY, 11572
FOR SALE
Property Type:
Mixed Use
Amount:
$575,000
Cap Rate:
6.64%
Last Verified:
Jun 28, 2022

• Converted Residence to Mixed-Use • (1) Retail Unit With Basement & (1) 2 Bedroom Apartment • Retail Store is Currently Vacant & Apartment Rent is Below Market • Prime Location Convenient for a Restaurant or Coffee Shop • Close Walking Distance to Mt Sinai South Nassau Hospital • Ample Street Parking • Tenants Pay for Other Utilities • Great Value-Add or Owner-User Opportunity

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Map of 52 Nassau Pkwy, Oceanside , NY, 11572

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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.