Valley Stream Retail Building

242-252 N Central Ave Valley Stream, NY 11580

242-252 N Central Ave, Valley Stream, NY, 11580
242-252 N Central Ave, Valley Stream, NY, 11580 242-252 N Central Ave, Valley Stream, NY, 11580 242-252 N Central Ave, Valley Stream, NY, 11580 242-252 N Central Ave, Valley Stream, NY, 11580
FOR SALE
Property Type:
Street Retail
Amount:
$1,999,999
Cap Rate:
6.50%
Last Verified:
Apr 19, 2021

> Fully Occupied Retail Building > Right Next to Chase Bank and Gas Stations > Close to Various Transportation Options > Tenants Pay Own Water & Electric Expense

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Map of 242-252 N Central Ave, 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.