Retail Building in Lynbrook

201-203 Sunrise Highway Lynbrook, NY 11563

201-203 Sunrise Highway, Lynbrook, NY, 11563
201-203 Sunrise Highway, Lynbrook, NY, 11563 201-203 Sunrise Highway, Lynbrook, NY, 11563 201-203 Sunrise Highway, Lynbrook, NY, 11563
FOR SALE
Property Type:
Street Retail
Amount:
$895,000
Cap Rate:
0.00%
Last Verified:
Aug 21, 2023

Fully-Occupied Retail Building with 2 Current Tenants • Tenants Pay for All Other Expenses for the Property • Tenants have 3% Annual Increases in Rent • Great Visibility on Sunrise Hwy - 231 ft of Frontage • High Traffic Counts: 45,756 Cars Per Day • Surrounded by Other Neighborhood Retail Spaces • Close to Various Ways of Transportation

Additional URLs

Map of 201-203 Sunrise Highway, Lynbrook, NY, 11563

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.