New - 5 days on Rocket
$10,000 Closing Credit¹
#820704, Listing Office: Horowitz Real Estate
#RLS11012972·
Listing Office: Sloyer Real Estate Corp·
Listing Agent: Joshua Sloyer·
Listing Agent Phone: (516) 449-9891·
Listing Office Phone: (516) 449-9891
$10,000
closing credit¹
12-07 40th Ave New York City, NY 11101
$1,399,000 List price
$10,000
Closing credit¹
1 bed
4 full
2,736 sqft
$511 / sqft
Multi-Family
Property details
About 12-07 40th Ave
Prime Investment Opportunity in Long Island City<br><br>12-07 40th Ave, is a multifamily property offering a blend of residential and commercial space.<br><br>Building will be delivered vacant.<br>- Building Size: 25 x 38<br>- Lot Size: 25 x 100<br>- Total of 3 Apartments (2 bed, 1 bed, studio configurations all possible)<br>- Ground Floor Commercial Space<br>- Private Garden<br>- Renovated Interiors<br>- Updated Kitchens and Bathrooms<br>- Versatile Commercial Space<br>- A spacious and versatile commercial area on the ground floor perfect for various business ventures, restaurant, retail, cosmetologists etc. <br><br>- Located in Long Island City, NY offers a dynamic community and easy access to Manhattan.<br><br>12-07 40th Ave presents a unique opportunity for investors seeking both residential and commercial income streams featuring updated interiors, a private garden, and a prime location. Contact us today to schedule a viewing.
Highlights
Home typeMulti Family
StatusActive
Size2,736 sqft
Year built1901
MLS #RLS11012972
Summary
- MLS Number: RLS11012972
- MLS Name: RLS
- Office Name: Sloyer Real Estate Corp
- Office Phone: (516) 449-9891
- Office Email: sloyerrealestate@gmail.com
- Listing Agent: Joshua Sloyer
- Agent Phone: (516) 449-9891
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/10/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,399,000
12-07 40th Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
7
PS 384
Public District KG-2
0.4 mi
•2735 Jackson Ave
3
P.S. 112 Dutch Kills School
Public District PK-5
0.4 mi
•2505 37th Ave
8
P.S. 166 Henry Gradstein School
Public District KG-5
0.6 mi
•3309 35th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,366. The majority of New York City, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
73%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
10%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
35%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 12-07 40th Ave in New York City, NY and zip code 11101 in the Northwestern Queens neighborhood. This 2,736 square foot home was built in 1901. Features: 1 bedroom, 4 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $1,399,000.
In January 2025 more than 208 listings in New York City, NY were sold above the asking price. During the same period more than 890 listings were sold at asking price, while more than 759 were sold below. The number of listings in New York City, NY decreased by 3.4% between December and January 2025. The median list price of listings available in January 2025 was $862,270, while the average time on the real estate market was 79 days.
From Rocket Homes Real Estate and based on county public records data.