Price Reduced 16.20%

$1,500,000 ($548.25 per sqft)

Est. Mortgage $8,085/mo *

Quick Pre-Approval

Listing courtesy of Compass Phone: (212) 913-9058


Price History

$1,790,000
9/15/2023

$1,600,000
2/8/2024

$1,500,000
3/14/2024


12-07 40th Avenue, #MULTI, Queens, (Long Island City), NY, 11101

12-07 40th Avenue, #MULTI, Queens, (Long Island City), NY, 11101

10 rooms

4 beds

5 Full baths

1901

2,736 sqft

Prime Investment Opportunity in Long Island City Welcome to 12-07 40th Ave, a fantastic property offering a blend of residential and commercial spaces in the vibrant Long Island City neighborhood. Property Overview: - Building Size: 25 x 38 - Lot Size: 25 x 100 - Total of 4 Studio Apartments - Ground Floor Commercial Space - Private Garden - Renovated Interiors - Updated Kitchens and Bathrooms - Modern amenities for the comfort of your residents - Versatile Commercial Space - A spacious and versatile commercial area on the ground floor. - Perfect for various business ventures, restaurant, retail, cosmetologists etc. offering excellent visibility and foot traffic. - Private Garden: - A serene private garden space, providing a peaceful retreat for potential tenants. - Great Location: - Nestled in an up-and-coming neighborhood that's on the path of progress. - Long Island City, NY offers a thriving community and easy access to Manhattan. This property presents a unique opportunity for investors seeking both residential and commercial income streams. With updated interiors, a private garden, and a prime location, 12-07 40th Ave is a promising investment in an exciting neighborhood. Don't miss out on the chance to be a part of the dynamic Long Island City real estate market. Contact us today to schedule a viewing and explore the potential of this property. This co-exclusive listing with Greiner-Maltz boasts numerous features that make it an exceptional investment.


Status:

Active

Town:

Queens

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

See Remarks

Units:

4

Garage:

On Street

Levels:

2

Lot Size:

25.000000x100.000000

Est. Taxes:

$7,284

Pet Policy:

Building No, Cats OK, Dogs OK

MLS #:

COMP-140429766854374


Community Info

School Info

Walk Score

Mass Transit

Yelp


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