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

$2,300,000

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LOT SIZE 0.080 acres MLS#932887

STATUSActive PROPERTY TYPELand - Commercial SCHOOLQueens 30

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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.

23-03 40th Ave | MLS# 932887

This land located at 23-03 40th Ave, Long Island City, NY 11101 is currently listed for sale with an asking price of $2,300,000. The property has approximately 0.08 Acres. 23-03 40th Ave is located within the Queens 30 school district. Search Long Island City real estate on www.laffey.com today.

Property Features

Property Type: Land - Commercial

Lot Size: 0.08 Acres

Taxes: $26,800

Feature Descriptions

Current Use: Industrial

Days on Site: 123

On Market Date: 2025-11-06

Rental Term: Monthly

Seller Concession: Yes

Sewer: Public Sewer

Local Schools

High School: Long Island City High School

Middle School: Is 204 Oliver W Holmes

Elementary School: Ps 112 Dutch Kills

School District: Queens 30

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55 Northern Blvd
Greenvale, NY 11548

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

Property Description

23-03 40th Ave | MLS# 932887

Property Features

Feature Descriptions

Local Schools

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

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

Property Description

23-03 40th Ave | MLS# 932887

Property Features

Feature Descriptions

Local Schools

TOUR THIS HOME

Estimate Your Payment

Change Payment Information

Listed By / Shown By

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

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