901 40 Ave Long Island City, NY 11101

$5,000,000
901 40 Ave, Long Island City, NY 11101
3011299

Multi-Family Home for sale in Long Island City, NY

for $5,000,000 with 16 bedrooms and 6 full baths, 1 half bath. This home was built in 1916 on a lot size of 20 X 100.

Property Information

  • $5,000,000
  • 16 Bedrooms
  • 6 Full Baths, 1 Half Bath
  • Multi-Family
  • Taxes are $19,000
  • Contemporary
  • Active
  • Lot size of 20 X 100
  • Built in 1916
  • Long Island City, NY
  • Queens County
  • MLS/Web ID is 3011299

Description

Corner Property. Sale Includes 2 Buildings Located On 901 40 Ave And 38-65 9 St I.The Buildings Are Located Next To Each Other. 901 40 Ave Includes One Store And Seven (3) Bedroom Apartments. 3865 9 St Includes One Office And Three (2) Bedroom Apartments. Building Is Rent Stabilized All Rented With Leases Gross Income $250, 000..Walk To F Train.10 Minutes Ride To Pen Station Manhattan, Huge Upside Potential

Room Information

  • Dining Room
  • Kitchen (Eat-In)
  • Office

Interior 3

Basement

  • Full Basement

Heating Source

  • Oil

Heating System

  • Steam

Exterior 1

Lot Description

  • Corner

Miscellaneous 1

Other

  • Short Sale - No

† Excluded Feature

Neighborhood & Schools

School District: Community District 30

Listed By

Listing Agent: Mahgerefteh, Rita
Broker: PRIME REALTY

901 40 Ave, Long Island City, NY, 11101 is a Multi-Family Home for sale at $5,000,000 with a lot size of 20 X 100. 901 40 Ave has 16 bedrooms, 6.1 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 $1,809,028 64 % below $1,348,000 73 % below
Multi-family listings in Long Island City $2,246,125 55 % below $1,799,500 64 % 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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