Local Realty Service Provided By: Coldwell Banker Warburg
12-07 40th Avenue, Queens, NY 11101
$1,399,000
5
Beds
5
Baths
2,736
Sq Ft
Multi-Family
Pending
Listed by
Joshua R Sloyer
Sloyer Real Estate Corp
Last updated:
September 19, 2026, 01:44 AM
MLS#
RLS20005251
Source:
NY REBNY
About This Home
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.
Home Facts
Multi-Family
5 Baths
5 Bedrooms
Built in 1901
Subdivision & Development:
Long Island City
Price Summary
1,399,000
$511 per Sq. Ft.
MLS #:
RLS20005251
Last Updated:
September 19, 2026, 01:44 AM
Added:
1 year(s) ago
Rooms & Interior
Bedrooms
Total Bedrooms:
5
Bathrooms
Total Bathrooms:
5
Full Bathrooms:
5
Interior
Living Area:
2,736 Sq. Ft.
Structure
Structure
Building Area:
2,736 Sq. Ft.
Year Built:
1901
Finances & Disclosures
Price:
$1,399,000
Price per Sq. Ft:
$511 per Sq. Ft.
Contact an Agent
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Contact an Agent
Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.
If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.