2912 40th Ave | Long Island City, NY 11101
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- LoopNet Team
2912 40th Ave
Long Island City, NY 11101
Microtel Inn by Wyndham Long Island City · Hospitality Property For Sale
·
27,899 SF
INVESTMENT HIGHLIGHTS
- 25-Year ICAP Tax Abatement commenced 2019 (presently $0 taxes)
- • Mixed zoning designation including R7X allows for residential use as well.
- Property finishes and building specs far exceed its present flag, making it ideal for repositioning
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 27,899 SF |
| Property Subtype | No. Stories | 11 | |
| Building Class | B | Year Built | 2014 |
| Lot Size | 0.13 AC | Corridor | Interior |
| Zoning | M13R7X | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 27,899 SF |
| No. Stories | 11 |
| Year Built | 2014 |
| Corridor | Interior |
| Zoning | M13R7X |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 00402-0028 | Improvements Assessment | $2,572,190 |
| Land Assessment | $360,000 | Total Assessment | $2,932,190 |
PROPERTY TAXES
Parcel Number
00402-0028
Land Assessment
$360,000
Improvements Assessment
$2,572,190
Total Assessment
$2,932,190
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