40-29 23rd ST Active Save Request In-Person Tour Request Virtual Tour
Long Island City,NY 11101
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3516491
Year Built 1940
Annual Tax Amount $19,382
Lot Size 2,178 Sqft
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
Building
Story 4
Others
Special Listing Condition None