MOTEL FOR SALE ALBANY, NYOR REDEVELOP SITE CENTRAL AVE NEAR WOLF ROAD

1384 CENTRAL AVE ALBANY, NY 12205

1384 CENTRAL AVE, ALBANY, NY, 12205
CENTRAL AVE EAST OF WOLF ROAD, ALBANY, NY
1384 CENTRAL AVE, ALBANY, NY, 12205
FOR SALE
Property Type:
Motel
Amount:
$1,000,000 to $2,050,000
Last Verified:
Mar 15, 2019

Map of 1384 CENTRAL AVE, ALBANY, NY, 12205

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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.