Ownership
Multi-Family
Lot Size
25'x100'
Floors/Apts
3/3
Status
Active
Real Estate Taxes
[Per Annum]
$ 7,284
Building Type
House
Building Size
25'x38'
Year Built
1901
ASF/ASM
2,736/254
Jason Bauer
License
Manager, Licensed Associate Real Estate Broker
Jason Bauer
License
Manager, Licensed Associate Real Estate Broker
Jason Bauer
License
Manager, Licensed Associate Real Estate Broker
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.
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.
Listing Courtesy of Sloyer Real Estate Corp
Jason Bauer
License
Manager, Licensed Associate Real Estate Broker
Care to take a look at this property?
Apartment Features
A/C
Building Details [12-07 40th Avenue]
Ownership
Multi-Family
Service Level
Voice Intercom
Access
Walk-up
Block/Lot
472/626
Building Size
25'x38'
Zoning
R6
Building Type
House
Year Built
1901
Floors/Apts
3/3
Lot Size
25'x100'
Building Amenities
Garden
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2025 REBNY Listing Service, Inc. All rights reserved.
Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Fair Housing