BEDS5
BATHS5 full
SQUARE FEET2,736
MLS#RLS20005251
STATUSPending
PROPERTY TYPEResidential -
SUBDIVISIONLong Island City
Property Description
Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment.
Property Overview:
Building Size: 25 38
Lot Size: 25 100
Total of three Apartments (as currently configured potential to make 4)
Ground FloorCommercial Space/office
Large Private Garden
Updated Kitchens and Bathrooms (needs to be finished but looking good)
A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o)
Located in an up-and-coming neighborhood that's on the path of progress.
Long Island City is a dynamic neighborhood with easy access to Manhattan.
This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.
Property Features
Property Type: Residential -
Basement: Other
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $7,440
Year Built: 1901
Amenities
Smoke Free
Private Outdoor Space Over 60 Sqft
Feature Descriptions
Building Features: Green Building
Days on Site: 488
Laundry: Building Other
Lot Dimensions: 100.00x25.00
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 4
Listed By / Shown By
Listed By
Agency Name: Sloyer Real Estate Corp
Agency Phone: (516) 449-9891
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR THIS HOME
Request a date and time to see 12-07 40th Avenue, Queens, NY 11101.
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Estimate Your Payment
Estimated Payment
$ 4,141.61 per month $3,113.57 Principal & Interest $620.00 Property Tax $408.04 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 12:00:14 AM EST) or NJMLS/ IDX (last updated Sun 06/28/2026 11:23:28 PM EST) or OneKey MLS (last updated Sun 06/28/2026 11:53:22 PM EST) or REBNY MLS (last updated Sun 06/28/2026 9:22:23 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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12-07 40th Avenue | MLS# RLS20005251
This home located at 12-07 40th Avenue, Queens, NY 11101 is currently listed for sale with an asking price of $1,399,000. This property was built in 1901 and has 5 bedrooms and 5 full baths with 2736 sq. ft. 12-07 40th Avenue is located in the Long Island City subdivision. Search Long Island City real estate on www.joycerealty.com today.