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    45-10 23Rd St Queens, NY 11101

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    For Sale
    $3,300,000

    Residential building in prime LIC near transportation and amenities.

    Lot size:
    0.05 Acres

    Property Features for 45-10 23Rd St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1901

    Source: Modern Spaces Agent Troy Allen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime LIC Residential Building

    This residential building is located in Long Island City, Queens, near the 7, E, M, and G subway lines, as well as Trader Joe's, PS1, and Target. The building has 'great bones' and currently contains two apartments: one with two bedrooms and one with three bedrooms. A ground floor apartment is also available. The building measures 25x47 feet and sits on a 25x90 foot lot. The property is zoned M1-4/R6B with a FAR of 2 and an as-built FAR of 1.52. Real estate taxes are $7964.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.912144
    Latitude
    40.782418

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    FAQs

    What type of property is this?
    Duplex - Residential building in prime LIC near transportation and amenities.
    Where is this duplex located?
    The property is located at 45-10 23Rd St Queens, NY.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Prime LIC location with easy access to 7, E, M, and G trains.; - Development potential: FAR 2, as built 1.52, Zoning M1-4/R6B.; - Close to amenities like Trader Joe's, PS1, and Target.
    (718) 551-2404
    Request Owner's contact information
    45-10 23Rd St Queens, NY 11101
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    Queens, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45-10 23Rd St Queens, NY 11101
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