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$1,499,000 Just Listed
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Property Description
For Sale an excellent location Mixed Used Development Site: Lot Size: 25 x 99.33...Building size: 25 x 55. Zoning: R6, C1-3...Can Build minimum 5,500 SF... Currently occupied by 2 stores. Opportunity zone area. 2 Blocks to the F train. 3 blocks to Queensborough bridge. Ideal to build a mixed used property.
Full Property Details
Full Property Details for 12-09 40th Ave
General
- Price: $1,499,000
- Taxes: $16,069
- Status: Active
- Type: Lots/Land
- Source: Long_Island
- MLS ID: 978062
- Updated: 3/30/2026
- Added to Site: 5 day(s) ago
Location
- County: Queens
- Cross Streets: 12th Strreet & 13th Street
- Driving Directions: GPS 12-09 40th Ave LIC, NY, 11101
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Water Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Retail
Lot Features
- Lot Size (Acres): 0.057
- Lot Size (Sq. Ft.): 2,483
- Lot Dimensions: 25 x 99.33
- Zoning: R6, C1-3
Financial Considerations
- Tax Amount: $16,069.72
Disclosures and Reports
- Special Conditions: None
- Property ID: 00472-0625
- Block: 472
- Lot Number: 625
Listed by RE/MAX Team
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Schools
Schools serving 12-09 40th Ave
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 111 Jacob Blackwell 37-15 13th St, Queens, NY 11101 | PK-8 | 0.2 mi |
Is 204 Oliver W Holmes 36-41 28th St, Queens, NY 11106 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12-09 40th Ave
Date
Details
Price
Change
Source
3/30/2026
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12-09 40th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,817
4%
$146,970
-6%
2024
$15,195
3%
$156,150
12%
2023
$14,767
—
$139,417
-1%
2022
$14,737
11%
$140,850
14%
2021
$13,234
-5%
$123,750
-16%
2020
$13,969
6%
$148,050
14%
2019
$13,172
11%
$129,600
-1%
2017
$11,885
8%
$130,500
5%
2016
$11,011
6%
$124,200
13%
2015
$10,348
4%
$110,250
8%
2015
$9,981
14%
$102,150
4%
2013
$8,726
—
$98,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12-09 40th Ave
12-09 40th Avenue, Long Island City, NY 11101 (MLS# 978062) is a Lots/Land property with a lot size of 0.057 acres. 12-09 40th Avenue is currently listed for $1,499,000 and was received on March 30, 2026. Want to learn more about 12-09 40th Avenue? Do you have questions about finding other Lots/Land real estate for sale in Long Island City? You can browse all Long Island City real estate or contact a Coldwell Banker agent to request more information.

