Retail Building in West Hempstead

156 Hempstead Turnpike West Hempstead, NY 11552

156 Hempstead Turnpike , West Hempstead, NY, 11552
156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552 156 Hempstead Turnpike , West Hempstead, NY, 11552
FOR SALE
Property Type:
Street Retail
Amount:
$1,300,000
Cap Rate:
0.00%
Last Verified:
Jan 05, 2024

• Fully-Occupied Retail Building with 6 Tenants • Below Market Rents with Potential to Increase Income Immediately • Tenants Pay for Their Utilities • Property Has a Basement • High Traffic Counts on Hempstead Tpke • Located Within Walking Distance to the West Hempstead Train Station (0.3 Mile Away) • n6 Bus Stop is Located in Front of the Property • Surrounded by Various Other Retail Such as 7-Eleven, Wendy's, KFC, BP Service Station, Cherry Valley Deli, Auto Repair Shops, & More

Map of 156 Hempstead Turnpike , West Hempstead, NY, 11552

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.