Mixed-Use Development
For Sale
$1,499,000
12-09 40th Avenue, Queens, NY 11101
Mixed-use development site zoned R6 and C1-3, currently improved and occupied by two stores.
Days on Market125
Property Features for 12-09 40th Avenue
General Information
Standard status
Active
Property subtype
Land
Building Details
Year Built
1910
Listing Agency:
RE/MAX Team
(718) 429-4400
Listed By:
Victor Weinberger · License #40WE0641759
(718) 429-4400
Source:
Compass
Added: Mar 30
Changed: Jul 22
Last Checked: Jul 31 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Team
Investment Insights
Based on property information with market context.
For sale mixed-use development site with an existing building and two currently occupied storefronts. The lot size is 25 x 99.33, and the building size is 25 x 55. Zoning is listed as R6 and C1-3, with the ability to build a minimum of 5,500 SF.
The property is located in an Opportunity Zone area. Public remarks note it is about two blocks to the F train and approximately three blocks to the Queensborough Bridge.
This is a redevelopment opportunity for buyers seeking a mixed-use project at a site that is already improved and producing current retail income.
The property is located in an Opportunity Zone area. Public remarks note it is about two blocks to the F train and approximately three blocks to the Queensborough Bridge.
This is a redevelopment opportunity for buyers seeking a mixed-use project at a site that is already improved and producing current retail income.
Key Highlights
- Mixed‑use development site improved and currently occupied by 2 stores
- Lot size 25 x 99.33 with existing building size 25 x 55
- Zoned R6 and C1‑3; can build a minimum 5,500 SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,505
Businesses Nearby
80k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Hotels & Casinos 39%
Dining 15%
Electronics 2%
Shell
Shops & Services
11,847 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,306 visits/mo
0.1 miles
BP
Shops & Services
9,305 visits/mo
0.3 miles
Courtyard Long Island City/New York Manhattan View
Hotels & Casinos
8,598 visits/mo
0.4 miles
Citgo
Shops & Services
5,057 visits/mo
0.4 miles
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use development site zoned R6 and C1-3, currently improved and occupied by two stores.
Where is this commercial land located?
The property is located at 12-09 40th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Mixed‑use development site improved and currently occupied by 2 stores; Lot size 25 x 99.33 with existing building size 25 x 55; Zoned R6 and C1‑3; can build a minimum 5,500 SF
