This listing is under contract.

Retail & Office Building in West Hempstead

444 Hempstead Tpke West Hempstead, NY 11552

444 Hempstead Tpke, West Hempstead, NY, 11552
444 Hempstead Tpke, West Hempstead, NY, 11552 444 Hempstead Tpke, West Hempstead, NY, 11552 444 Hempstead Tpke, West Hempstead, NY, 11552 444 Hempstead Tpke, West Hempstead, NY, 11552
UNDER CONTRACT FOR SALE
Property Type:
Street Retail
Amount:
$1,650,000
Cap Rate:
0.00%
Last Verified:
Jul 18, 2024

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• For Sale: Retail/Office Building in West Hempstead, NY • Tenants Have 3% Annual Rent Increases • Close to Shopping Centers & Neighborhood Retail • Prime Location & Strong Traffic Counts • Building has 5,000 SF of Space on the Ground Level and 5,000 SF in the Basement

Map of 444 Hempstead Tpke, West Hempstead, NY, 11552

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.