40-37 24 Street, Long Island City, NY 11101
Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
40-37 24 Street,Long Island City, NY 11101
$1,900,000
- 6 Beds
- 4 Baths
- 1,610 sq. ft.
- Multi-family
- Active
Listed by: edward v. kong
Office: e realty international corp
MLS#:884437
Source:OneKey MLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$1,180.12
About this home
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.
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Home facts
- Year built:1910
- Listing ID #:884437
- Added:136 day(s) ago
- Updated:November 15, 2025 at 11:45 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,610 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1910
- Building area:1,610 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:Long Island City High School
- Middle school:Is 204 Oliver W Holmes
- Elementary school:Ps 112 Dutch Kills
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$1,180.12
- Tax amount:$6,596 (2025)
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