901 40 Ave Long Island City, NY 11101

$5,000,000
901 40 Ave, Long Island City, NY 11101
3011281

Commercial Property for sale in Long Island City, NY

for $5,000,000. This 7,100 square foot building was built in 1916 on a lot size of 25 X 100.

Property Information

  • $5,000,000
  • Commercial
  • 7,100 Square Feet
  • Taxes are $19,000
  • Mixed Use
  • Active
  • 4 Floors
  • Lot size of 25 X 100
  • Built in 1916
  • Long Island City, NY
  • Queens County
  • MLS/Web ID is 3011281

Description

12 Family Building, Including 2 Stores And 10 Residential Apartments. All Rented With Huge Upside Potential. Gross Income : 250, 000. Net Income: 217, 000 Walk To F Train, 10 Minutes Ride To Pen Station Manhattan,

Miscellaneous 1

Other

  • Short Sale - No

† Excluded Feature

Neighborhood & Schools

School District: Community District 30

 See complete school information

Listed By

Listing Agent: Mahgerefteh, Rita
Broker: PRIME REALTY

901 40 Ave, Long Island City, NY, 11101 is a Commercial Property for sale at $5,000,000 with 7,100 sqft and a lot size of 25 X 100. 901 40 Ave has 0.0 baths and was built in 1916. The property's zip code is 11101 which is in Long Island City, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Long Island City $2,150,907 57 % below $1,600,000 68 % below
Commerical listings in Long Island City $3,186,188 36 % below $2,493,000 50 % below

Get the facts about Long Island City, NY!

Population 29,424
Population Growth (since 2000) 18 %
Median Income $51,714
Median Age 33.24
Households w/ Children 28 %

Residential Dwellings

  • Owned 1849
  • Vacant 1950
  • Rented 10770

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