This offering presents a rare opportunity to acquire a package deal that includes the adjacent property at 40-39 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 and without tenants. 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. Submit your offer today.

Listing courtesy of E Realty International Corp edwardkong1388@gmail.com


Based on information submitted to the MLS GRID as of 2025-08-07 12:15 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.