Retail Building in Malverne, NY

8 Broadway Malverne, NY 11565

Malverne
FOR SALE
Property Type:
Street Retail
Amount:
$1,925,000
Cap Rate:
6.00%
Last Verified:
Nov 11, 2024

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• For Sale: Retail & Office Building in Malverne, NY • Located off of Franklin Ave which has High Traffic Counts • Within Walking Distance to the Malverne LIRR Train Station • Located a Half Mile from Several Shops and Restaurants in Malverne such as the Malverne Deli, Connolly Station Pub, Malverne Cinema, & More • *Please Do Not Speak with the Tenants*

Map of 8 Broadway , Malverne, NY, 11565

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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.