23-03 40th Ave new Save Request In-Person Tour Request Virtual Tour
Long Island City,NY 11101
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 932887
Rental Info No
Annual Tax Amount $26,800
Lot Size 3,484 Sqft
Acres 0.08
Source onekey2
Property Description
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.
Location
State NY
County Queens
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Ps 112 Dutch Kills
Middle Schools Is 204 Oliver W Holmes
High Schools Queens 30
School District Queens 30
Others
Senior Community No
Special Listing Condition None