12-07 40th Avenue

Long Island City

$1,399,000
Price
1
Bed
2,736 Sq. Ft.
$511 / Sq. Ft.
2,736
Sq. Ft.
$511
per Sq. Ft.

Description

Prime Investment Opportunity in Long Island City 12-07 40th Ave, is a multifamily property offering a blend of residential and commercial space. Building will be delivered vacant. - Building Size: 25 x 38 - Lot Size: 25 x 100 - Total of 3 Apartments (2 bed, 1 bed, studio configurations all possible) - Ground Floor Commercial Space - Private Garden - Renovated Interiors - Updated Kitchens and Bathrooms - Versatile Commercial Space - A spacious and versatile commercial area on the ground floor perfect...Prime Investment Opportunity in Long Island City 12-07 40th Ave, is a multifamily property offering a blend of residential and commercial space. Building will be delivered vacant. - Building Size: 25 x 38 - Lot Size: 25 x 100 - Total of 3 Apartments (2 bed, 1 bed, studio configurations all possible) - Ground Floor Commercial Space - Private Garden - Renovated Interiors - Updated Kitchens and Bathrooms - Versatile Commercial Space - A spacious and versatile commercial area on the ground floor perfect for various business ventures, restaurant, retail, cosmetologists etc. - Located in Long Island City, NY offers a dynamic community and easy access to Manhattan. 12-07 40th Ave presents a unique opportunity for investors seeking both residential and commercial income streams featuring updated interiors, a private garden, and a prime location. Contact us today to schedule a viewing.

Property Details for 12-07 40th Avenue

Architectural Style
Prewar

Open Houses

Sunday, Feb 16th

10:00 AM - 6:30 PM

By Appointment Only

Monday, Feb 17th

10:00 AM - 6:30 PM

By Appointment Only

Tuesday, Feb 18th

10:00 AM - 6:30 PM

By Appointment Only

LISTING UPDATED: 02/16/2025 12:39 AM

Property Details for 12-07 40th Avenue

StatusActive
MLS IDRLS11012972
Days on Market73
Taxes$607 / month
Maintenance-
Min. Down Pymt-
Total Rooms5.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1901
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

12-07 40th Ave

4 Units2 StoriesBuilt in 1901

Building Information for 12-07 40th Avenue

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

Property Information for 12-07 40th Avenue

Summary
Location and General Information
  • Subdivision Name: Long Island City
  • Cross Street: 12th Street/13th Street
  • Stories Total: 3
Taxes and HOA
  • Tax Lot: 626
  • Tax Block: 472
  • Building Tax Lot: 626
  • Tax Abatement YN: false
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 2736.0
  • Building Area Total: 2736.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 25.00 x 100.00
  • Living Area Units: SquareFeet
  • Foundation Area: 0.0
Building Information
  • Building Laundry Features: SeeRemarks
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Certificate Of Occupancy: No
  • New Construction: No
  • Structure Type: WalkUp
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden
  • Patio And Porch Features: Patio
Interior Features
  • Other Equipment: Intercom
  • ElevatorsTotal: 0
  • Size Dimensions: 25.00 x 38.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: No
  • Attendance Type: None

Property History for 12-07 40th Avenue

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

Taxable ValueLand-Additions-Total-
Home Facts
APN4004720626

Schools near 12-07 40th Avenue

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 is a townhouse for sale in Long Island City. This property was listed for sale on December 4, 2024 by Sloyer Real Estate Corp, it's currently listed at $1,399,000. 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 is a 1-bed, 4-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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sloyer Real Estate Corp

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 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 2025, 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.