Updated 2 years ago
Off Market
12-07 40th Ave
Astoria, Queens | 12th Street & 13th Street
10 Rooms4 Beds5 Baths2,736 Square FeetMulti-Family
$1,500,000
floors / apts3 / 3
Lot Size25'x100'
Built Size25'x38'
ZoneR6
Building TypeHouse
RE Taxes$7,284
Price Per SF
$548
Outdoor space and views
- Garden
Building Amenities
- Voice Intercom
- Garden
Property Description for 12-07 40th Ave
Prime Investment Opportunity in Long Island City
Welcome to 12-07 40th Ave, a fantastic property offering a blend of residential and commercial spaces in the vibrant Long Island City neighborhood.
Property Overview:
- Building Size: 25 x 38
- Lot Size: 25 x 100
- Total of 4 Studio Apartments
- Ground Floor Commercial Space
- Private Garden
- Renovated Interiors
- Updated Kitchens and Bathrooms
- Modern amenities for the comfort of your residents
- Versatile Commercial Space
- A spacious and versatile commercial area on the ground floor.
- Perfect for various business ventures, restaurant, retail, cosmetologists etc. offering excellent visibility and foot traffic.
- Private Garden:
- A serene private garden space, providing a peaceful retreat for potential tenants.
- Great Location:
- Nestled in an up-and-coming neighborhood that's on the path of progress.
- Long Island City, NY offers a thriving community and easy access to Manhattan.
This property presents a unique opportunity for investors seeking both residential and commercial income streams. With updated interiors, a private garden, and a prime location, 12-07 40th Ave is a promising investment in an exciting neighborhood.
Don't miss out on the chance to be a part of the dynamic Long Island City real estate market. Contact us today to schedule a viewing and explore the potential of this property.
This co-exclusive listing with Greiner-Maltz boasts numerous features that make it an exceptional investment.
Building Details for 12-07 40th Ave
OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Transit and Citi Bike
Subway
21 St-Queensbridge
0.11 miles
Queensboro Plaza
0.38 miles
Citi Bike
40 Ave & 9 St
0.18 miles
21 St & Queens Plaza N
0.18 miles
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: 92592TH
Find home. Discover happiness.