REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of Sloyer Real Estate Corp
$ 1,399,000
Est. payment | /mo
5 Beds
5 Baths
2,736 SqFt
$ 1,399,000
Est. payment | /mo
5 Beds
5 Baths
2,736 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
HOA Y/N No
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
Rooms
Basement Other
Interior
Fireplace No
Laundry Building Other
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $620
Special Listing Condition Standard
Pets Allowed Building Yes, No

RLS Data display by Real Broker, LLC
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!