Medical Office Building in Patchogue, NY

485 N Ocean Ave Patchogue, NY 11772

485 N Ocean Ave , Patchogue, NY, 11772
485 N Ocean Ave , Patchogue, NY, 11772
FOR SALE
Property Type:
Medical/Healthcare
Amount:
$2,385,000
Cap Rate:
0.00%
Last Verified:
Jul 11, 2024

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• For Sale: Medical Office in Patchogue, NY • Seller Would Consider Leasing the Building • Ample On-Site Parking with 45 Spaces • Located Just North of Sunrise Hwy

Map of 485 N Ocean Ave , Patchogue, NY, 11772

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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.