This listing is under contract.

North Bellmore Street Retail

1497 Bellmore Ave North Bellmore, NY 11710

1497 Bellmore Ave, North Bellmore, NY, 11710
1497 Bellmore Ave, North Bellmore, NY, 11710 1497 Bellmore Ave, North Bellmore, NY, 11710
UNDER CONTRACT FOR SALE
Property Type:
Street Retail
Amount:
$1,094,500
Cap Rate:
6.00%
Last Verified:
Apr 16, 2021

> Ample On-Site Parking & Street Parking Available > Minutes From Four Major Highways > Near Bellmore Commons Shopping Center & Chase Bank

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Map of 1497 Bellmore Ave, North Bellmore, NY, 11710

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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.