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!
Features
10 bedrooms
4 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
4219 sq. ft. floor area
crop_free4000 sq. ft. lot size
cottageDuplex
Property history for 94 40th Drive
2025
Sold
$1,280,000
17 Apr 2025 by Claudia Echeverri, of Coldwell Banker American Homes
Happy sellers in New York
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Local market activity for 10 bedroom duplexes in New York
Sold
For Sale
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