40-37 24 ST Active Save Request In-Person Tour Request Virtual Tour
Long Island City,NY 11101
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 884437
Bedrooms 6
Full Baths 4
Rental Info No
Year Built 1910
Annual Tax Amount $6,596
Lot Size 2,426 Sqft
Acres 0.0557
Property Sub-Type Duplex
Source onekey2
Property Description
Prime Development & Investment Opportunity – 40-37 & 40-39 24th Street, Queens, NY
Welcome to 40-37 24th Street, a well-maintained multi-family property that blends residential comfort with excellent connectivity. Each floor features three oversized bedrooms and two full bathrooms, highlighted by high ceilings on the second level, hardwood floors, and modern stainless-steel appliances. Separate electric and gas meters for each unit provide clear utility tracking and lower operating complexity. The property is move-in ready and located just minutes from multiple subway lines—only a 10-minute ride to Manhattan.
This asset can also be acquired as a package with the adjoining parcel at 40-39 24th Street, creating a combined lot of approximately 4,432 square feet. With M1-2/R5B/R6A zoning, the site offers significant residential or mixed-use redevelopment potential, supporting a buildable area of up to 13,296 square feet (subject to verification).
The combined asking price for both properties is $3.7 million, offered as-is. Positioned in one of Queens' fastest-growing neighborhoods, the location provides rapid access to Manhattan and key transit hubs, making it an exceptional opportunity for developers, value-add investors, or long-term holders seeking strong appreciation potential.
Contact us today to discuss this offering or to arrange a private tour.
Location
State NY
County Queens
Rooms
Basement Bilco Door(s)
Interior
Interior Features First Floor Bedroom,First Floor Full Bath,Quartz/Quartzite Counters,Recessed Lighting
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Trash Collection Public
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ps 112 Dutch Kills
Middle Schools Is 204 Oliver W Holmes
High Schools Queens 30
School District Queens 30
Others
Senior Community No
Special Listing Condition None