NY > Long Island City
Long Island City, NY 11101,23-03 40th Ave
Long Island City, NY 11101,23-03 40th Ave
Long Island City, NY 11101,23-03 40th Ave
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Haniff Baksh

Haniff Baksh

+1(718) 324-6060
$2,300,000
Est. payment /mo
3,484 Sqft Lot
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UPDATED:

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

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Listed by E Realty International Corp • Xuxin Chen

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Haniff Baksh
Haniff Baksh

Broker | License ID: 10311202741

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY, 10470-1612, USA

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23-03 40th Ave

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