Retail Building in Freeport

197 N Main St North Main Street Freeport, NY 11520

197 N Main St North Main Street , Freeport, NY, 11520
197 N Main St North Main Street , Freeport, NY, 11520 197 N Main St North Main Street , Freeport, NY, 11520 197 N Main St North Main Street , Freeport, NY, 11520
FOR SALE
Property Type:
Street Retail
Amount:
$549,000
Cap Rate:
0.00%
Last Verified:
Jan 09, 2024

• Fully-Occupied Retail Building in Freeport, NY • Bakery Just Signed a New 10-Year Lease • Restaurant Just Recently Signed a New 5-Year Lease • Located in Close Proximity to Sunrise Hwy and the Freeport LIRR Train Station • Surrounded by Other Neighborhood Retail & Amenities

Map of 197 N Main St North Main Street , Freeport, NY, 11520

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.