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Merrick Rd Retail Storefront

4205 Merrick Rd Massapequa, NY 11758

4205 Merrick Rd, Massapequa, NY, 11758
4205 Merrick Rd, Massapequa, NY, 11758 4205 Merrick Rd, Massapequa, NY, 11758
Property Type:
Street Retail
Cap Rate:
Last Verified:
Dec 03, 2021

> Tenant is Successful Dance School Over 15 Years in Business > Over 37,000+ Vehicles Per Day Traffic Count > Ample Parking & Near Highways, Buses, & Train Station > Recently Renovated Electrical, Plumbing, HVAC and Interior > Tenant Responsible For Taxes Over 2018/19 Year

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Map of 4205 Merrick Rd, Massapequa, NY, 11758

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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.