Mixed-Use Building in Port Jefferson

402 Main St Port Jefferson , NY 11777

402 Main St , Port Jefferson , NY, 11777
402 Main St , Port Jefferson , NY, 11777 402 Main St , Port Jefferson , NY, 11777 402 Main St , Port Jefferson , NY, 11777
FOR SALE
Property Type:
Mixed Use
Amount:
$1,150,000
Cap Rate:
5.00%
Last Verified:
Jan 31, 2023

• Fully-Occupied Retail & Apartment Building • Consists of 1 Retail Unit on the Ground Floor • Consists of 2 Apartment Units on the Second Floor • Tenants are Individually Metered for Utilities • Property Has On-Site Parking Behind Building • Walking Distance to the Harbor Square Mall & Port Jefferson Ferry • Surrounded by Retail Tenants such as Dime Community Bank, CVS, Dunkin' Donuts, Chase Bank, & More • Located 1 Mile from the Port Jefferson Train Station

Additional URLs

Map of 402 Main St , Port Jefferson , NY, 11777

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.