Retail/Office Building in Amityville, NY

148 Merrick Rd Amityville, NY 11701

148 Merrick Rd , Amityville, NY, 11701
148 Merrick Rd , Amityville, NY, 11701 148 Merrick Rd , Amityville, NY, 11701 148 Merrick Rd , Amityville, NY, 11701
FOR SALE
Property Type:
Street Retail
Amount:
$2,400,000
Cap Rate:
0.00%
Last Verified:
Jul 18, 2024

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• For Sale: Retail & Office Building in Amityville, NY • One Vacancy - Provides for a Great Lease-Up Opportunity • 2 Municipal Parking Lots Located in Walking Distance • High Traffic Counts on Merrick Rd: 25,762 Cars Per Day • Near Various Bus Stops such as the NYS 110/Merrick Rd Bus Stop and the Montauk Hwy/Riverside Ave Bus Stop • Surrounded by Various Retail & Amenities

Map of 148 Merrick Rd , Amityville, NY, 11701

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.