Marcus & Millichap - Tri Borough Multi-Family

2708 39th Avenue

NY
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Price: $11,250,000
Building Size: 25,125 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Zachary Golub
Tel: 212-430-5134
Zachary.Golub@marcusmillichap.com
Description:

Marcus & Millichap is pleased to offer 2708 39th Avenue, located between 27th Street and 28th Street in the Long Island City section of Queens, New York.

The subject property, 2708 39th Avenue, is a five-story multifamily building that consists of 5 small one bedrooms, 32 one bedrooms and 3 two-bedroom apartments. The property is built 75 feet by 80 feet and sits on a 75 foot by 100.83 foot lot with approximately 25,125 gross square feet. The property is zoned M1-2/R5D. (Block: 397, Lot: 14)

This property offers investors the rare opportunity to purchase an 80% Free Market 40 Unit multifamily building made up of primarily 1 bedrooms in the Long Island City section of Queens, NY.