40-29 23rd ST Active

Long Island City,NY 11101

$ 3900000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3516491

Originating Board onekey

Rental Info No

Year Built 1940

Annual Tax Amount $19,382

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 25x85.83

Property Description

Welcome to a gem in the heart of Long Island City! This turnkey, 90% free market, investment property offers a unique opportunity to own a fully leased, recently renovated 8-unit multi-family building. With tenants already in place, you can start generating income from day one. All eight units are currently leased, providing a stable and consistent income stream for savvy investors. Benefit from the immediate returns of a property that is not only well-maintained but also in high demand in the thriving Long Island City rental market. Seize this opportunity to own a prime piece of Long Island City real estate. HIGHLIGHTS: Modern interior appliances and equipment All units are free market except for unit #6 (rent controlled). Located near Ed Koch Bridge and Queens & Queensboro Plaza station Close to retail corridor of Long Island City ? Easy access to N/W/R/E/7/M/F. Protected Tax Class (2B). Significant upside value. Featured Commercial Sales.

Location

State NY

County Queens

Zoning M1-2/R5B

Interior

Fireplace No

Building

Story 4

Others

Special Listing Condition None

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