40-29 23rd ST Active

Long Island City,NY 11101

$ 3900000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3516491

Originating Board onekey2

Rental Info No

Year Built 1940

Annual Tax Amount $19,382

Lot Dimensions 25x85.83

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., Building Size:6020

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Private Pool No

Building

Story 4

Others

Special Listing Condition None

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