State Street Plaza in Huntington, NY

1200 E Jericho Turnpike Commack, NY 11725

1200 E Jericho Turnpike , Commack, NY, 11725
1200 E Jericho Turnpike , Commack, NY, 11725 1200 E Jericho Turnpike , Commack, NY, 11725 1200 E Jericho Turnpike , Commack, NY, 11725
FOR SALE
Property Type:
Strip Center
Amount:
$5,200,000
Cap Rate:
0.00%
Last Verified:
Jan 13, 2025

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• Fully-Occupied 10 Unit Retail Neighborhood Center • Handful of Long Term Tenants & 5+ Year Leases • Ample Parking to Accommodate Customers • High Traffic Counts: Over 33,800 VPD • Close Proximity From The Northern State Parkway • Near Other Bustling Neighborhood Amenities

Map of 1200 E Jericho Turnpike , Commack, NY, 11725

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.