Various commercial leases available Albany County NY

1 Rapp Rd Rapp Road Albany, NY 12203

Property Type:
Multi Tenant Office
Please Call Broker for Price

Cap Rate:
Last Verified:
Dec 21, 2023

1 Rapp Road +/- 6000 sf 111 State Street Albany +/- 1100 sf at $800/month 301 S Allen Albany approx +/- 900 sf at $900/month 160 Delaware Ave Delmar +/- 1000 sf at $850/month

Map of 1 Rapp Rd Rapp Road , Albany, NY, 12203

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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.