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$2,300,000
125 Days On Site
23-03 40th AveLong Island City, NY 11101
For Sale|Land|Active
County:
Queens
Listing courtesy of E Realty International Corp sunriseglobalrealty88@gmail.com
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Monthly Payment (Est.)
$10,494Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
23-03 40th Ave presents a compelling opportunity for investors and developers to unlock value in a rapidly evolving Queens submarket. With M1-2, R5D zoning and a sizable lot footprint, the property is well-suited for redevelopment into multifamily housing or a mixed-use concept that aligns with the neighborhood's growth trajectory. Its proximity to major transit lines and local amenities enhances its appeal for future residents and tenants. This is a strategic acquisition for those seeking to build or reposition in a high-demand, low-supply corridor. The property with tenant pay for $8000/monthly, the lease end on 09/30/2026.
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Listing Snapshot
Price
$2,300,000
Days On Site
125 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
N/A
MLS® Number
932887
Status
Active
Property Tax
$26,800
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 months ago | Listing first seen on site | |
| 4 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.08
Additional Property Use
Industrial
Sewer
Public Sewer
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Community Features
School District
Queens 30
Schools
School District
Queens 30
Elementary School
Ps 112 Dutch Kills
Middle School
Is 204 Oliver W Holmes
High School
Long Island City High School
Listing courtesy of E Realty International Corp sunriseglobalrealty88@gmail.com
Based on information submitted to the MLS GRID as of 2026-03-12 03:44 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of 2026-03-12 03:44 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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