40-29 23rd Street Long Island City, NY $ 3,900,000
40-29 23rd Street
$ 3,900,000
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40-29 23rd Street

Long Island City, NY, 11101
$ 3,900,000
Baths0.0 Sq 2,146

Monthly Estimate*

$ 25,921

40-29 23rd Street, Long Island City, NY 11101 - Image 1
Studio

Commercial Property for sale in Long Island City, NY

for $3,900,000. This 2,146 square foot building was built in 1940 on a lot size of 0.05.

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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Commercial Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,382

Style

Lot Size

0.05

Year Built

1940

Town/City

Long Island City

County/Region

Queens

MLS | Web ID

3516491

List By
Luca DiCiero

Listing Agent

Ny Space Finders Inc

Broker

luca@nyspacefinders.com

Email

Affordability Calculator

$27,536
Per Month
94%
6%
0%
Monthly Principal & Interest
$25,921
Monthly Property Taxes
$1,615
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2023$3,900,000 Listed Price

Map


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40-29 23rd Street, Long Island City, NY, 11101 is a Commercial Property for sale at $3,900,000 with 2,146 sqft and a lot size of 0.05. 40-29 23rd Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 11101 which is in Long Island City, NY