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40-37 24 Street, Long Island City, NY 11101

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For Sale

$1,900,000

6 beds • 4 baths • 1,610 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,180.12
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 884437

Courtesy Of E REALTY INTERNATIONAL CORP.

(718) 886-8110

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.06 Acres
  • Rooms
    Basement

Map and Directions

Directions to 40-37 24 Street, Long Island City, NY 11101

Home seller CENTURY 21 Scope Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scope Realty

(888) 919-2508
Learn More About Us

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Monthly Payment Breakdown

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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.