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12-07 40TH Avenue

$1,399,000
Astoria, New York City, NY 11101 | 5 Rooms | 5 Beds | 5 Baths | 2736 sqft
For Sale 1 of 10
 

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

12-07 40TH Avenue, New York City, NY 11101
Listing courtesy of Joshua Sloyer
 
 

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Status
Active
Property Type
Multi Family
Listing Date
2/25/2025
Total Rooms
5
Bedrooms
5
Bathrooms
5
Year Built
Neighborhood
Astoria
Postal Code
11101
 

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