2 Freestanding Retail Strips in Nesconset, NY

409 Lake Ave Nesconset, NY 11767

409 Lake Ave , Nesconset, NY, 11767
409 Lake Ave , Nesconset, NY, 11767 409 Lake Ave , Nesconset, NY, 11767 409 Lake Ave , Nesconset, NY, 11767 409 Lake Ave , Nesconset, NY, 11767
FOR SALE
Property Type:
Strip Center
Amount:
$1,925,000
Cap Rate:
5.00%
Last Verified:
Jan 13, 2025

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• For Sale: 2 Retail Buildings in Nesconset, NY • Located on the Corner of Smithtown Blvd and Lake Ave • The Property has Approximately 38 On-Site Parking Spaces • Located Near Other Neighborhood Retail & Amenities • Close to the Smithtown Bypass & the Long Island Expy

Map of 409 Lake Ave , Nesconset, NY, 11767

Presented by:
American Investment Properties

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Ron Koenigsberg


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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.