12-07 40th Avenue, Unit MULTI

Long Island City

$1,500,000
Price
4
Beds
5
Baths
2,736 Sq. Ft.
$548 / Sq. Ft.
2,736
Sq. Ft.
$548
per Sq. Ft.

Description

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
...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.

Listing Agent

  1. Joshua Sloyer

    Joshua Sloyer

    Listing Agent

    Compass

    jrs@compass.com

    P: 516.449.9891

Amenities

  • Private Yard
  • Walk Up
  • Street Parking
  • Renovated Bath
  • Renovated Kitchen
  • Renovated Kitchen and Bath
  • Video Security
  • Semi-Detached

Location

Add your commute
LISTING UPDATED: 04/17/2024 11:38 AM

Property Details for 12-07 40th Avenue, Unit MULTI

StatusActive
MLS IDH6277267
Days on Market220
Taxes$607 / month
Maintenance-
Min. Down Pymt10%
Total Rooms10.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1901
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

12-07 40th Ave

4 Units2 StoriesBuilt in 1901

Location

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Building Information for 12-07 40th Avenue, Unit MULTI

Stories2Residences4Year Built1901Building Size24' x 38'Building Sq. Ft1,824 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$9,816 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,209

Property Taxes

$607

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 12-07 40th Avenue, Unit MULTI

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12-07 40th Avenue, Unit MULTI

Taxable ValueLand-Additions-Total-
Home Facts
APN4004720626

Schools near 12-07 40th Avenue, Unit MULTI

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 111 Jacob Blackwell
PublicPK to 8

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

Newcomers High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12-07 40th Avenue, Unit MULTI is a townhouse for sale in Long Island City. This property was listed for sale on September 20, 2023 by Compass, it's currently listed at $1,500,000. It has been on the market for a total of 220 days and was last sold on August 10, 2016. This listing's school district is New York City Geographic District #30. Nearby schools include P.S. 111 Jacob Blackwell, Is 204 Oliver W Holmes and Long Island City High School. 12-07 40th Avenue, Unit MULTI is a 4-bed, 5-bath, 2,736 sqft townhouse built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.