Description
This offering presents a rare opportunity to acquire a package deal that includes the adjacent property at 40-37 24th Street, resulting in a combined lot size of approximately 4,432 sq ft. Zoned M1-2/R5B/R6A, the site offers significant potential for residential or mixed-use development, with a possible buildable area of up to 13,296 sq ft. The asking price for both properties (40-37 & 40-39) is $3.7 million, and they are being sold as-is. Ideally located just minutes from multiple subway lines, the site provides quick and convenient access to Manhattan and other major hubs. Situated in one of Queens' fastest-growing neighborhoods, this is a compelling opportunity for developers and investors.
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School Ratings & Info
Description
This offering presents a rare opportunity to acquire a package deal that includes the adjacent property at 40-37 24th Street, resulting in a combined lot size of approximately 4,432 sq ft. Zoned M1-2/R5B/R6A, the site offers significant potential for residential or mixed-use development, with a possible buildable area of up to 13,296 sq ft. The asking price for both properties (40-37 & 40-39) is $3.7 million, and they are being sold as-is. Ideally located just minutes from multiple subway lines, the site provides quick and convenient access to Manhattan and other major hubs. Situated in one of Queens' fastest-growing neighborhoods, this is a compelling opportunity for developers and investors.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated: 2025-11-12T00:17:37.527.