12-07 40TH Avenue Active

Queens,NY 11101

$ 1399000

5 Beds

5 Baths

2736 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $511

Subdivision Long Island City

MLS Listing ID RLS20005251

Bedrooms 5

Year Built 1901

Annual Tax Amount $7,440

Property Sub-Type Multi Family

Property Description

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 38 Lot Size: 25 100 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.

Location

State NY

County Queens

Interior

Laundry Building Other

Exterior

View Y/N No

View Other

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Monthly Total Fees $620

Special Listing Condition Standard

Pets Allowed Building Yes,No

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