This listing is under contract.

Office Building in Syosset, NY

20 Miller Pl Syosset, NY 11791

20 Miller Pl , Syosset, NY, 11791
20 Miller Pl , Syosset, NY, 11791 20 Miller Pl , Syosset, NY, 11791 20 Miller Pl , Syosset, NY, 11791 20 Miller Pl , Syosset, NY, 11791
UNDER CONTRACT FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,899,000
Cap Rate:
5.00%
Last Verified:
Oct 25, 2024

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• For Sale: Fully-Occupied Office Building • Second Floor is Owner-Occupied • Located Off of the Long Island Expressway • 18 On-Site Parking Spaces • Frontage on Miller Pl, Facing the Long Island Expy • 2,214 SF Basement Space

Map of 20 Miller Pl , Syosset, NY, 11791

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.