This listing is under contract.

For Sale: Franklin Square Retail Building

167-179 Franklin Ave Franklin Square, NY 11010

167-179 Franklin Ave, Franklin Square, NY, 11010
167-179 Franklin Ave, Franklin Square, NY, 11010 167-179 Franklin Ave, Franklin Square, NY, 11010 167-179 Franklin Ave, Franklin Square, NY, 11010 167-179 Franklin Ave, Franklin Square, NY, 11010 167-179 Franklin Ave, Franklin Square, NY, 11010
UNDER CONTRACT FOR SALE
Property Type:
Street Retail
Amount:
$1,450,000
Cap Rate:
5.94%
Last Verified:
Oct 22, 2020

American Investment Properties is exclusively retained to sell 167-179 Franklin Ave in Franklin Square, New York. At this location you'll find a retail storefront property. The tenants at this location pay for heat and other utilities. The property is on the corner of a signalized intersection on the busy Franklin Ave. The tenants all have retail signage to increase property visibility. The building consists of 6,619 SF of leasable space and a full size basement.


Additional URLs

Map of 167-179 Franklin Ave, Franklin Square, NY, 11010

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.