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23-03 40Th Ave Long Island City, NY 11101

For Sale
$2,300,000

COMMERCIAL - Long Island City, NY

Lot size:
0.08 Acres
Days on Market:
30
Last Refresh:
Dec 6 at 7:06 am

Property Features for 23-03 40Th Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.08 Acres

Utilities

Sewer type
Public Sewer

E REALTY INTERNATIONAL CORP. (718) 886-8110 [email protected]

Listing agent Xuxin Chen (929) 615-2828

Listing date Nov 7, 2025

MLS# 932887 Listing URL

Copyright © 2025 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.


Overview

Long Island City Commercial Land

The property at 23-03 40th Ave in Long Island City, NY, offers an opportunity for investors and developers. Zoned M1-2 and R5D, the sizable lot is suited for redevelopment into multifamily housing or a mixed-use concept. The property's location near major transit lines and local amenities enhances its appeal for future residents and tenants. The property is currently tenant-occupied, with the tenant paying $8,000 monthly. The current lease ends on 09/30/2026. The property is located in Queens.
Location Intelligence

Current Use by Public Records

Neka Auto Repair Mechanic

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Long Island City
County
Queens
State
New York
Longitude
-73.939186
Latitude
40.754311

FAQs

What type of property is this?
Commercial land - Commercial land in a rapidly evolving Queens submarket.
Where is this commercial land located?
The property is located at 23-03 40Th Ave Long Island City, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: - M1-2, R5D zoning allows for multifamily housing or mixed-use redevelopment.; - Sizable lot footprint provides ample space for development.; - Strategic location in a high-demand, low-supply Queens submarket.
More about this property
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