This listing is under contract.

Sunrise Hwy Mixed-Use Property

315-321 Sunrise Hwy Lynbrook, NY 11563

315-321 Sunrise Hwy, Lynbrook, NY, 11563
315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563 315-321 Sunrise Hwy, Lynbrook, NY, 11563
UNDER CONTRACT FOR SALE
Property Type:
Mixed Use
Amount:
$1,699,000
Cap Rate:
0.00%
Last Verified:
Jul 18, 2024

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• Adjacent Retail Storefront Building & Mixed-Use Building • Ground Floor Retail Unit is Vacant (Formerly Auto Barn Auto Parts Store) • Both Second Floor Apartment Units Are Occupied • (1) 2-Bedroom and (1) 3-Bedroom Apartments • Strong Traffic Counts on Sunrise Highway - 49,000 Cars Per Day • 100' of Frontage on Sunrise Hwy • Surrounded by Neighborhood Retail Amenities • 1 Attached Garage Behind 315-321 Sunrise Hwy • Gas Heat for 321 Sunrise Hwy

Additional URLs

Map of 315-321 Sunrise Hwy, Lynbrook, NY, 11563

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.