This listing is under contract.

Warehouse in Valley Stream

803 W Merrick Rd Valley Stream, NY 11580

803 W Merrick Rd, Valley Stream, NY, 11580
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UNDER CONTRACT FOR SALE
Property Type:
Warehouse
Amount:
$2,999,000
Cap Rate:
0.00%
Last Verified:
Apr 05, 2023

• Warehouse Consisting of a Carpet Retailer • Tenant On Location For Over 30 Years - Currently Month-to-Month • Can be Delivered Vacant, Great For an Owner-User • 20 On-Site Parking Spaces • Close to Highways, Train Stations, & Bus Lines • Located on Busy W Merrick Rd - 20,381 Cars Per Day • Features 1 Drive-In Door • Landlord is Responsible For Taxes & Insurance • Tenant is Responsible For Maintenance, Utilities, & Other Expenses

Additional URLs

Map of 803 W Merrick Rd, Valley Stream, NY, 11580

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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.