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Listed price in listed location currency (USD).
$2,300,000

000

MLS® 932887

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $26,800
Days Active 30
Lot Size 0.08 acres
Approx. Age 
MLS® Number 932887

Property Address: 23 40th Ave, Long Island City, NY, 11101-3905

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number932887
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 6, 2025List Date
$2,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
23 40 Th Ave, Long Island City, NY

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