Retail Storefront in East Meadow

2550 Hempstead Tpke East Meadow, NY 11554

2550 Hempstead Tpke, East Meadow, NY, 11554
2550 Hempstead Tpke, East Meadow, NY, 11554 2550 Hempstead Tpke, East Meadow, NY, 11554 2550 Hempstead Tpke, East Meadow, NY, 11554 2550 Hempstead Tpke, East Meadow, NY, 11554
FOR SALE
Property Type:
Street Retail
Amount:
$1,300,000
Cap Rate:
0.00%
Last Verified:
Jul 07, 2023

• Owner-Occupied Retail Storefront • Owner Would Vacate at Sale • High Traffic Counts: 53,949 Cars Per Day • Property Has Some On-Site Parking in the Back • Surrounded by Several Other Neighborhood Retail

Map of 2550 Hempstead Tpke, East Meadow, NY, 11554

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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.