Park Avenue Plaza

220 East Park Avenue Long Beach, NY 11561

220 East Park Avenue, Long Beach, NY, 11561
220 East Park Avenue, Long Beach, NY, 11561
Property Type:
Street Retail
Please Call Broker for Price

Last Verified:
Sep 14, 2021

  • Park Avenue Plaza is located at the intersection of East Park Avenue and Long Beach Road, city of Long Beach (Nassau County), Long Island, N.Y.
  • Commumity Shopping Center
  • Parking available for over 50 cars on site, and additional parking on the street.
  • The city of Long Beach is a year round residential community on Long Island’s south shore, fronting on the Atlantic Ocean, on 5 square miles of sandy beach front.
  • The shopping center is easily accessible by Long Island Railroad, public transportation and Meadowbrook Parkway (a major north-south artery) within 2 miles east of the center’s location.
  • The rapid growth of the area has been encouraged by the upscale remodeling of existing homes, apartment buildings, beachfront hotels, and new condominium construction, underway and completed, that has brought outstanding disposable income into the market area.

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Map of 220 East Park Avenue, Long Beach, NY, 11561

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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.