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23-03 40th Ave
Long Island City NY 11101 US

$2,300,000

Active Listing ID 932887
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Lot: 0.08 Acres
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Other

$2,300,000

Active Listing ID 932887
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23-03 40th Ave 23-03 40th Ave presents a compelling opportunity for investors and developers to unlock value in a rapidly evolving Queens submarket. With M1-2, R5D zoning and a sizable lot footprint, the property is well-suited for redevelopment into multifamily housing or a mixed-use concept that aligns with the neighborhood's growth trajectory. Its proximity to major transit lines and local amenities enhances its appeal for future residents and tenants. This is a strategic acquisition for those seeking to build or reposition in a high-demand, low-supply corridor. The property with tenant pay for $8000/monthly, the lease end on 09/30/2026.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

School Information

  • School
  • Ps 112 Dutch Kills(Elementary)
  • Is 204 Oliver W Holmes(MiddleSchool)
  • Long Island City High School(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2300000
  • unparsedaddress: 23-03 40th Ave
  • postalcity: Long Island City
  • stateorprovince: NY
  • country: US
  • postalcode: 11101
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.754311
  • longitude: -73.939186
  • listagentfullname: Xuxin Chen
  • listagentemail: sunriseglobalrealty88@gmail.com
  • listagentkey: 3yd-MLSLINY-160192
  • listagentmlsid: 160192
  • listagentpreferredphone: 9296152828
  • listagentofficephone: 9296152828
  • listofficekey: 3yd-MLSLINY-ERLT01
  • listofficemlsid: ERLT01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • listingcontractdate: 2025-11-06
  • listagentfax: 7188868220
  • countyorparish: Queens
  • elementaryschool: Ps 112 Dutch Kills
  • highschool: Long Island City High School
  • elementaryschooldistrict: Queens 30
  • middleorjuniorschooldistrict: Queens 30
  • highschooldistrict: Queens 30
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.939186, 40.75431
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"E REALTY INTERNATIONAL CORP.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sunriseglobalrealty88@gmail.com", "ListBrokerageCity":"Flushing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"shirleyyang888999@hotmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"E REALTY INTERNATIONAL CORP.", "ListBrokeragePhone":"(718) 886-8110", "ListBrokeragePostalCode":"11354", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"39-07 Prince St, Suite 4D", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3907 Prince St Ste 4D ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ERLT01", "ListOfficeCity":"Flushing", "ListOfficeCountry":"USA", "ListOfficeEmail":"shirleyyang888999@hotmail.com", "ListOfficePostalCode":"11354", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Long Island City, NY", "ListingURL":null, "MLSModificationTimestamp":"2025-11-07 07:14:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":26800, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/8/2026 6:50:20 PM GMT
Source Updated Date: 1/12/2026 6:48:09 PM GMT

Courtesy of: Xuxin Chen, E Realty International Corp, sunriseglobalrealty88@gmail.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.