State Street Mansion B&B for Sale Albany, NY

281 State Street Albany, NY 12207

281 State Street, Albany, NY, 12207
281 State Street, Albany, NY, 12207
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$800,000 to $1,000,000
Last Verified:
Jan 03, 2018

B&B

Conversion to sngle family home, 10 rental units or operate as B&B.

Ask $950k


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Map of 281 State Street, Albany, NY, 12207

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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.