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

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.