Active
40-29 23rd Street
Long Island City NY, 11101
$3,900,000
$647.84 per sqft
Active
6,020 sqft
Commercial
Built in 1940
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., Building Size:6020
L3516491
MLSⓇ ID
November 14, 2023
Listed
December 9, 2024
Updated
Map
40-29 23rd Street
Long Island City NY, 11101
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Other Property Details
Taxes
$19,382
Tax Frequency
Annually
Days on Market
386
Garage
No
View
No
County
Queens
Pool
No
Zoning
M1-2/R5B
Listed by Luca DiCiero Faisal Gilani with NY Space Finders Inc
Listing Contact: 718-440-8162
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Metani Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 OneKey MLS. All rights reserved.
Data last updated 5:32 PM UTC, 12/9/2024