40-29 23rd Street, Long Island City, NY

$3,900,000

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0.05

Acres

About 40-29 23rd Street

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.

Features of 40-29 23rd Street

MLS® # 3516491
Price $3,900,000
Bathrooms 0.00
Acres 0.05
Year Built 1940
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 40-29 23rd Street
City Long Island City
County Queens
State NY
Zip Code 11101

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 4

Additional Information

Zoning M1-2/R5B
Short Sale No
RE / Bank Owned No
Taxes (total) $19,382

Listing Details

OfficeNY Space Finders Inc
Office Contact718-440-8162

Listing Map

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