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Listing Courtesy of Compass
$ 1,850,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
$ 1,850,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $1,681
Subdivision Long Island City
MLS Listing ID RLS20074400
Bedrooms 3
HOA Y/N Yes
Year Built 1901
Annual Tax Amount $8,124
Property Sub-Type Multi Family
Property Description
Prime M1-1 Zoned Opportunity in the Heart of Long Island City
Located in the vibrant and rapidly evolving neighborhood of Long Island City, 34-09 37th Avenue presents a rare opportunity to acquire a 25-foot-wide property with flexible M1-1 zoning in one of Queens' most dynamic corridors.
Set on a 25 ft x 98.08 ft lot (2,452 SF), this property offers significant potential for investors, developers, or end-users seeking a well-positioned asset with long-term upside.
The existing structure is a 1-story building (built in 1901) currently classified as a Two-Family converted from One-Family (B3), measuring approximately 1,100 square feet (22 ft x 50ft). The building is notably underbuilt relative to the lot size, creating compelling possibilities for repositioning or redevelopment.
Property Highlights:
• Lot Size: 2,452 SF
• Lot Dimensions: 25 ft x 98.08 ft
• Zoning: M1-1 (Manufacturing District – Zoning Map 9b)
• Building Size: 1,100 SF
• Stories: 1
• Roof Height: 16 ft
• Regular lot configuration
• Built in 1901
M1-1 zoning allows for a range of uses including light manufacturing, warehouse, commercial, office, and certain community facility uses. Buyers are encouraged to consult with their architect to explore development potential.
Positioned near major transportation, thriving residential developments, and expanding commercial activity, Long Island City continues to attract strong demand from businesses and investors alike.
Whether you are looking to develop, occupy, or hold for long-term appreciation, 34-09 37th Avenue offers flexibility, scale, and strategic location in one of New York City's most active submarkets.
For additional information or to schedule a viewing, please reach out directly.
Located in the vibrant and rapidly evolving neighborhood of Long Island City, 34-09 37th Avenue presents a rare opportunity to acquire a 25-foot-wide property with flexible M1-1 zoning in one of Queens' most dynamic corridors.
Set on a 25 ft x 98.08 ft lot (2,452 SF), this property offers significant potential for investors, developers, or end-users seeking a well-positioned asset with long-term upside.
The existing structure is a 1-story building (built in 1901) currently classified as a Two-Family converted from One-Family (B3), measuring approximately 1,100 square feet (22 ft x 50ft). The building is notably underbuilt relative to the lot size, creating compelling possibilities for repositioning or redevelopment.
Property Highlights:
• Lot Size: 2,452 SF
• Lot Dimensions: 25 ft x 98.08 ft
• Zoning: M1-1 (Manufacturing District – Zoning Map 9b)
• Building Size: 1,100 SF
• Stories: 1
• Roof Height: 16 ft
• Regular lot configuration
• Built in 1901
M1-1 zoning allows for a range of uses including light manufacturing, warehouse, commercial, office, and certain community facility uses. Buyers are encouraged to consult with their architect to explore development potential.
Positioned near major transportation, thriving residential developments, and expanding commercial activity, Long Island City continues to attract strong demand from businesses and investors alike.
Whether you are looking to develop, occupy, or hold for long-term appreciation, 34-09 37th Avenue offers flexibility, scale, and strategic location in one of New York City's most active submarkets.
For additional information or to schedule a viewing, please reach out directly.
Location
State NY
County Queens
Interior
Interior Features Built-in Features, Crown Molding
Furnishings Unfurnished
Fireplace No
Laundry Common On Floor, Common Area
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type House
Story 1
New Construction No
Others
Ownership None
Monthly Total Fees $677
Pets Allowed Building No, No
RLS Data display by WJFNY