$4,000,000
Updated 10 years ago
Off Market

9-11 40th Ave

Astoria, Queens | 9th Ave & 10th Ave

5,000 Square FeetDevelopment Site

$4,000,000
Lot Size100'x100'
ZoneM1-3
Building TypeDevelopment Site
RE Taxes$19,731
Price Per SF
$800

Building Amenities

  • Elevator

Property Description for 9-11 40th Ave

Recent price adjustment and Seller will consider all offers. Douglas Elliman Commercial, as exclusive agent for ownership, is offering for sale the development site located at 9-11 40th Avenue which is situated on the northern block of 40th Avenue between 9th Street and 10th Street. The property is located within the Long Island City sub-market of Queens.The parcel, which is zoned M1-3, is comprised of a total area of approximately 10,000 square feet (100' x 100'). The site contains a one-story warehouse building containing 5,000 square feet above grade, with an additional 5,000 square feet of gated parking.The offering presents an opportunity to develop and improve the existing lot with up to 50,000 buildable square feet as per public record. Uses may vary. Special zoning consideration may be available for a community-use development.

Listing History for 9-11 40th Ave

Now
04/05/2016
POM by Louis Puopolo
Douglas Elliman
01/06/2016
Exclusive Expired by Louis Puopolo
Douglas Elliman

Building Details for 9-11 40th Ave

OwnershipDevelopment Site
Building TypeDevelopment Site
Learn More About the Building

Transit and Citi Bike

Railroad

DouglastonLong Island Rail Road
0.13 miles

Contact Agents

Contact Agents

Louis Puopolo
Douglas Elliman
Alexander Furst
Douglas Elliman

Astoria | Queens

Quick Profile

Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline. 

The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.

Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats. 

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.
OLR ID: 59263TH