12-07 40th Avenue, #MULTI

Multi-Family Townhouse For Sale  • 
Long Island City
Web ID # 1230374 RLS

$ 1,500,000

4 Families • 4 Beds • 5 Baths • 2,736 ft2  
Tax (Monthly): $607
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.
Stories: 2
Total Rooms: 10

Courtesy Of Compass

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Estimated Monthly Costs


$8,533
Est. Mortgage
$607
Real Estate Tax
$9,140
Monthly Total*
* The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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Nearby Subways

  • F 21st St & 41st Ave (~0.11 mile)
  • N Q 7 Queens Plaza North & 27th St (~0.38 mile)


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 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Jade Stone Real Estate Consulting. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.