Retail strip for lease on busy throughfare in Albany County, NY

1995 Central Ave Albany, NY 12205

1995 Central Ave, Albany, NY, 12205
Rendering Central Ave Albany
1995 Central Ave, Albany, NY, 12205
Property Type:
Strip Center
Cap Rate:
Last Verified:
May 31, 2022
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For Lease up to 15,000 sf $14 psf NNN Can be demised

Map of 1995 Central Ave, Albany, NY, 12205

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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.