1207 40th Ave, Long Island City,NY11101SaleMulti Family

Description

1207 40th Ave,
Long Island City, NY 11101

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. Property Overview: - Building Size: 25 x 38 - Lot Size: 25 x 100 - Total of three Apartments (as currently configured potential to make 4) - Ground FloorCommercial Space/office - Large Private Garden - Updated Kitchens and Bathrooms (needs to be finished but looking good) - A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o) - Located in an up-and-coming neighborhood that's on the path of progress. - Long Island City is a dynamic neighborhood with easy access to Manhattan. 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.

This is an Active listing.

Broker Office Phone Number: 212-960-3437

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Amenities

Central Air Conditioning
Heat Pump
Garage

Located at 1207 40th Ave, Long Island City, New York 11101, this Multi Family is for Sale with a price of $1,399,000 USD. The property was built in 1901, includes 5 bedrooms, has 4 full baths and 1 partial baths. This listing encompasses a lot of .06 Acres. See all Homes for Sale in Long Island City.

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Size

Bedrooms

Full Baths

Partial Bath

0.06 Acres

Exterior

Financial

$1,399,000

price

$7,500

Annual taxes

Listing Details

Multi Family

Property type

1901

Year Built

New York City Department Of Education

School District

New York City Department Of Education

School District

new-york-city-department-of-education-new-york-ny

Schools

14227084

Web Id

11416931

MLS ID

Days Posted

date	price	variance	type
1/28/2025	$1,399,000	-	Listed

Description