94-01 40th Drive, New York, NY, 11373
$1,599,000
activeBedrooms
10
Bathrooms
4
Lot Size
4,000 sqft
Year Built
1920
Garage
2 car
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Rare Find — First Time on the Market in 65 Years! Charming Multi-Unit Investment Opportunity on Double City Lot. A true once-in-a-generation opportunity — this multi-family property is being offered for the first time in 65 years! Spanning two city lots, the home offers four residential units plus a versatile basement level, perfect for investors or an owner-occupant seeking rental income. Step inside through the original oak entry door with stunning stained-glass sidelights into a grand, ornate foyer accented with rich wood trim. The original solid oak staircase leads to the upper-level units, preserving the home's timeless character throughout. The first-floor unit offers 3 bedrooms, a formal dining room, and a spacious living room with a bonus porch/sunroom. The eat-in kitchen features a beautiful 4-panel bow window overlooking the backyard, and the bath includes a double-sink vanity with convenient in-wall laundry hookup. Two built in AC units for added comfort. Upstairs, the second floor offers two separate units: a generously sized 3-bedroom unit with a full bath, large living room, and eat-in kitchen with bonus pantry, plus a cozy 2-bedroom unit with its own full bath and efficient kitchen/living layout. The third floor rounds out the residential units with a 2-bedroom layout featuring an eat-in kitchen, large living room, and its own bonus porch. The expansive basement adds even more flexibility with four additional rooms, a kitchen area, and washer hookup — ideal for storage or extra living space. Outside, enjoy a private backyard with a rear deck off the first-floor entrance, a detached two-car garage, and newly installed, city-code-compliant security mailboxes. With 100-amp electrical service and set on two full city lots, this property is full of potential. Properties like this rarely come to market — schedule your showing today before this legacy opportunity is gone!
Listed by Maria Borea Puccella, Keller Williams NY Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Sep 28, 2026, 2:27 PM UTC (date and time MLS GRID Data was obtained). 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.
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