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$1,385,010
List Price: $1,399,000
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12-07 40th Avenue
Townhouse in Long Island City •  building info
3bd • 2ba • 2,736ft² $511 per ft²
Buy with Yoreevo

$1,385,010

List Price

$1,399,000

Key Details
Days on market
18
Last price change
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Estimated payment
$8,565/mo
Taxes
$607/mo
Maintenance
N/A
Description
Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment. Property Overview: Building Size: 25 38 Lot Size: 25 100 Total of three Apartments (as currently configured potential to make 4) Ground FloorCommercial Space/office Large Private Garden Updated Kitchens and Bathrooms (needs to be finished but looking good) A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o) Located in an up-and-coming neighborhood that's on the path of progress. Long Island City is a dynamic neighborhood with easy access to Manhattan. This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Building info

History
What it'll cost
Purchase price
$1,399,000
Asking Price: $1,399,000
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.5 %
Mortgage Amount
$1,259,100
Mortgage Payment
$7,958
Taxes
$607
Estimated Yoreevo rebate
$13,990
Estimated closing cost
$50,000
Total monthly cost $8,565
Buy your dream home with us and get an estimated $13,990 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sloyer Corp

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