This listing is under contract.

Vacant Land in Bayshore

1474 Sunrise Highway Bay Shore, NY 11706

UNDER CONTRACT FOR SALE
Property Type:
Commercial Land Development
Amount:
$630,000
Last Verified:
Jan 17, 2023

Approved for a 7,000 SF building & one buildable lot Great Opportunity for any Retail or Office Space Other Potential Uses Include: Car or Truck Lot Located on Busy Sunrise Highway Traffic Counts: 95,000+ Vehicles Per Day Real Estate Taxes Are Approximately $23,695

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Map of 1474 Sunrise Highway, Bay Shore, NY, 11706

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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.