6 months on rocket

12-07 40th Avenue Multi, New York City, NY, 11101

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
5 Full Baths
2,736 SqFt
$548/SqFt
House
Schools Nearby

Location

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12-07 40th Avenue Multi, New York$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1901
MLS #COMP-1404297668543746529
StatusActive

About 12-07 40th Avenue Multi

Prime Investment Opportunity in Long Island City Welcome to 12-07 40th Ave, a fantastic property offering a blend of residential and commercial spaces in the vibrant Long Island City neighborhood. Property Overview: - Building Size: 25 x 38 - Lot Size: 25 x 100 - Total of 4 Studio Apartments - Ground Floor Commercial Space - Private Garden - Renovated Interiors - Updated Kitchens and Bathrooms - Modern amenities for the comfort of your residents - Versatile Commercial Space - A spacious and versatile commercial area on the ground floor. - Perfect for various business ventures, restaurant, retail, cosmetologists etc. offering excellent visibility and foot traffic. - Private Garden: - A serene private garden space, providing a peaceful retreat for potential tenants. - Great Location: - Nestled in an up-and-coming neighborhood that's on the path of progress. - Long Island City, NY offers a thriving community and easy access to Manhattan. This property presents a unique opportunity for investors seeking both residential and commercial income streams. With updated interiors, a private garden, and a prime location, 12-07 40th Ave is a promising investment in an exciting neighborhood. Don't miss out on the chance to be a part of the dynamic Long Island City real estate market. Contact us today to schedule a viewing and explore the potential of this property. This co-exclusive listing with Greiner-Maltz boasts numerous features that make it an exceptional investment.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 2,736 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Joshua Sloyer
  • Agent Phone: (212) 960-3437

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $548/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

12-07 40th Avenue Multi vs New York

181 DAYS ON ROCKET

+85 Days

$1,500,000

+$654.5K More

$548/SqFt

-$89 Less

KEY TAKEAWAY

This property is $654.5K more than the Median Sold Price and $89/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1404297668543746529

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Joshua Sloyer
  • Agent Phone: (212) 960-3437

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 4/27/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1021968
5
/10

  • Growing Up Green Charter School

  • 3927 28th St

  • 0.12 miles

  • Public Charter Grades KG-5

school-card-donut-1021969
6
/10

  • PS 112 Dutch Kills

  • 2505 37th Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-1021970
7
/10

  • Voice Charter School of New York

  • 3624 12th St

  • 0.52 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,366. The most common annual income of people living in New York, NY is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12-07 40th Avenue Multi

What is the listing price of this property?

The listing price of 12-07 40th Avenue Multi property is $1,500,000.

What type of property is this?

The property 12-07 40th Avenue Multi is a house located in New York City, New York, 11101.

Is this property for sale now?

Active Listing: 12-07 40th Avenue Multi is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 12-07 40th Avenue Multi has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 12-07 40th Avenue Multi is 2,736 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12-07 40th Avenue Multi is 1901.

Rocket Homes›New York›Queens County›New York›11101›12-07 40th Avenue Multi

This home is located at 12-07 40th Avenue Multi 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: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 28, 2023 and is currently priced at $1,500,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. The number of listings in New York, NY increased by 3.7% between February 2024 and March 2024. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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