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40-29 23rd Street Long Island City, NY 11101
$3,900,000
  • Commercial
  • 6020 SqFt
  • Year Built 1940
  • Misc
  • ML# 3516491

Property Details

Overview

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., Building Size:6020

Key Facts

  • SqFt: 6020.00
  • Lot Sq Ft: 2146
  • Taxes: $19,382
  • Sale or Rent: Sale
  • Zoning: M1-2/R5B
  • Block: 408
  • Lot: 13

Additional Features

  • Stories: 4

Financial

  • Taxes: $19,382
Listing Information provided courtesy of NY Space Finders Inc  718-440-8162
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