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40-29 23rd Street

Long Island City, NY 11101
  • $3,900,000
  • STATUS: Active
  • ON SITE: 253 Days
  • MLS #: 3516491
$3,900,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
www.selectyournexthome.com/homes/145258867
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40-29 23rd Street Long Island City, NY 11101

  • Price: $3,900,000
  • Status: Active
  • On Site: 253 Days
  • MLS #: 3516491
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1940
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
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.
Exterior Features

Cross Street 41st Ave Overhead Door 0 Stories Total 4

Property Features

Building Size 6020 Business Type Other Current Use Other MLSArea Minor 11 Property Sub Type Mixed Use Tax Annual Amount 19382 Tax Annual Amount1 19382 Zoning Description M1-2/R5B

Listing courtesy of Luca Diciero of NY Space Finders Inc: 718-440-8162
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
 
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