Warehouse & Office Building in College Point

129-06 18th Ave College Point , NY 11356

129-06 18th Ave , College Point , NY, 11356
129-06 18th Ave , College Point , NY, 11356 129-06 18th Ave , College Point , NY, 11356 129-06 18th Ave , College Point , NY, 11356
FOR SALE
Property Type:
Warehouse
Amount:
$3,100,000
Cap Rate:
0.00%
Last Verified:
Jul 18, 2024

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• For Sale: Flex Building with Warehouse & Office Space • Fully-Occupied with Two Warehouse Tenants - One of the Tenants is Owner-Occupied • Warehouse Tenants Have Been There for 10 Years - Both On a Month-to-Month Lease • Each Warehouse Tenant Has 1,000 SF of Office Space on the Second Floor • 14 ft Ceilings, 2 Drive-In Doors • Property is Located in Close Proximity to the Whitestone Expy, the Cross Island Pkwy, and the Whitestone Bridge • Located 3 Blocks Away From the College Point Plaza Shopping Mall

Map of 129-06 18th Ave , College Point , NY, 11356

Presented by:
American Investment Properties

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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.