$ 2,300,000
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$2,300,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing ERLT01 - 160192
23-03 40th Ave presents a compelling opportunity for investors and developers to unlock value in a rapidly evolving Queens submarket. With M1-2, R5D zoning and a sizable lot footprint, the property is well-suited for redevelopment into multifamily housing or a mixed-use concept that aligns with the neighborhood's growth trajectory. Its proximity to major transit lines and local amenities enhances its appeal for future residents and tenants. This is a strategic acquisition for those seeking to build or reposition in a high-demand, low-supply corridor. The property with tenant pay for $8000/monthly, the lease end on 09/30/2026.
Listing Highlights for 23-03 40th Ave
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $26,800
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
23-03 40th Ave Long Island City, NY 11101
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