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.