Retail/Office Building in Long Beach, NY

46 E Park Ave Long Beach, NY 11561

46 E Park Ave, Long Beach, NY, 11561
46 E Park Ave, Long Beach, NY, 11561 46 E Park Ave, Long Beach, NY, 11561 46 E Park Ave, Long Beach, NY, 11561
FOR SALE
Property Type:
Street Retail
Amount:
$1,099,000
Cap Rate:
0.00%
Last Verified:
Jul 18, 2024

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• For Sale: Fully Occupied Retail/Office Building • Located on Park Ave which Has High Traffic Counts • Surrounded by National Credit Tenants such as Starbucks, Dunkin' Donuts, Burger King, & More • Located Across From the Long Beach LIRR Train Station • Property has a 1,405 SF Basement • Most Tenants Have a 3% Annual Increases in Rent • Tenants Each Have Separate Electric Meters • Brand New Roof Installed About 5 Years Ago

Map of 46 E Park Ave, Long Beach, NY, 11561

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.