Storefront Retail in Valley Stream

104 E Merrick Rd Valley Stream, NY 11580

104 E Merrick Rd, Valley Stream, NY, 11580
104 E Merrick Rd, Valley Stream, NY, 11580 104 E Merrick Rd, Valley Stream, NY, 11580 104 E Merrick Rd, Valley Stream, NY, 11580 104 E Merrick Rd, Valley Stream, NY, 11580
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,300,000
Cap Rate:
0.00%
Last Verified:
Sep 05, 2023

• 3-Unit Retail Building in Valley Stream, NY • One Vacancy - Provides for a Great Lease-Up Opportunity • High Traffic Counts on Merrick Rd - 26,690 Cars Per Day • On-Site Parking with 7 Spaces • Close Proximity to Bus Lines, Sunrise Hwy, and the Valley Stream LIRR Train Station • Surrounded by Other Neighborhood Retail • Tenants Have Their Own Meters

Map of 104 E Merrick Rd, Valley Stream, NY, 11580

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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.