$1,399,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 2,736
12-07 40th Ave, Long Island City, NY 11101
12-07 40th Ave
New York City, NY 11101
- 7 days on market
<p> </p> <p>Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment.</p> <p>Property Overview:</p> <p>Building Size: 25 38</p> <p>Lot Size: 25 100</p> <p>Total of three Apartments (as currently configured potential to make 4)</p> <p>Ground FloorCommercial Space/office</p> <p>Large Private Garden</p> <p>Updated Kitchens and Bathrooms (needs to be finished but looking good)</p> <p>A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o)</p> <p>Located in an up-and-coming neighborhood that's on the path of progress.</p> <p>Long Island City is a dynamic neighborhood with easy access to Manhattan.</p> <p>This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.</p> <p> </p>
Details
Property type
Townhouse
Lot size
Unknown
Price per sq ft
$512
Year built
1901
Annual property taxes
$7,284
Price History
02/25/2025

REBNY #RLS20005251
Listed
$1,399,000
-6.73%
01/17/2025

REBNY #OLRS-00010092592
Removed
$1,500,000
09/15/2023

REBNY #OLRS-00010092592
Listed
$1,500,000
Schools & Community
Neighborhood:
Astoria
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 03/04/2025 at 12:40 AM
Listing updated: 02/25/2025 at 7:13 PM
Listed by: Joshua R Sloyer, Sloyer Real Estate Corp Phone #: (516) 449-9891
MLS: REBNY #RLS20005251

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