Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment.

Property Overview:

Building Size: 25 38

Lot Size: 25 100

Total of three Apartments (as currently configured potential to make 4)

Ground FloorCommercial Space/office

Large Private Garden

Updated Kitchens and Bathrooms (needs to be finished but looking good)

A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o)

Located in an up-and-coming neighborhood that's on the path of progress.

Long Island City is a dynamic neighborhood with easy access to Manhattan.

This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.

Property Details of 12-07 40th Avenue

Property Details

Interior Features

Map Location

Listed by Sloyer Real Estate Corp / Joshua R Sloyer

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. RLS Data display by Christie's International Real Estate Group.

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