Free Standing Building for sale Latham NY

285 Old Niskayuna Road Latham, NY 12211

Latham
FOR SALE NNN Property
Property Type:
Mixed Use
Amount:
$230,000
Cap Rate:
0.00%
Last Verified:
Sep 26, 2023

+/- 3000 sf plus parking. Mixed Use building former bakery and storage first floor with 3 bedroom apartment on second floor

Map of 285 Old Niskayuna Road, Latham, NY, 12211

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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.