Retail Strip in Freeport, NY

88 Broadway Freeport, NY 11520

88 Broadway , Freeport, NY, 11520
88 Broadway , Freeport, NY, 11520 88 Broadway , Freeport, NY, 11520 88 Broadway , Freeport, NY, 11520
FOR SALE
Property Type:
Strip Center
Amount:
$3,299,000
Cap Rate:
0.00%
Last Verified:
Dec 02, 2024

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• For Sale: Retail Strip in Freeport • Fully-Occupied - New Tenant in Place in Unit 92 • Tenants Pay For Utilities • Property is Located Within Walking Distance to the Freeport LIRR Station • Close to Sunrise Hwy which has Several Retail Amenities & High Traffic Counts

Map of 88 Broadway , Freeport, NY, 11520

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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.