Retail Storefront in Baldwin, NY

1883 Grand Ave Baldwin, NY 11510

1883 Grand Ave, Baldwin, NY, 11510
1883 Grand Ave, Baldwin, NY, 11510 1883 Grand Ave, Baldwin, NY, 11510 1883 Grand Ave, Baldwin, NY, 11510
FOR SALE
Property Type:
Street Retail
Amount:
$800,000
Cap Rate:
0.00%
Last Verified:
Mar 28, 2024

• For Sale: Fully-Occupied Retail Storefront with Two Tenants • Both Spaces have High Quality Interior Finishes • Nail Salon Tenant Reimburses for RE Taxes • Tenants have 3% Annual Increases in Rent • Property has a Basement - Partially Finished under the Nail Salon • Potential for Rental Growth • Municipal Parking Lot Located Across the Street • Surrounded by Various Other Retail such as Beauty Salons, Nail Salons, Auto Repair Shops, Checkers Fast Food, CVS Pharmacy, Baldwin Pizza, & More

Map of 1883 Grand Ave, Baldwin, NY, 11510

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.