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  • $1,850,000

    3409 37th Ave, Long Island City, NY 11101

    3beds
    --sqft
    Loading
    Multi Family
    Built in 1901
    -- sqft lot
    $1,770,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Regular lot configuration
    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.
    161 days
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    232
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 917-597-5736,

    Erion Ahmetaj,

    Ergin Ahmetaj

    Source: StreetEasy,MLS#: S1813270

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Has fireplace: No

      Property

      Features
      • Patio & porch: Other, Deck
      • Exterior features: Courtyard, Garden, Private Roof Deck
      • Has view: Yes
      • View description: Park/Greenbelt
      Details
      • Parcel number: 006340005
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Roof Rights
      Condition
      • Year built: 1901

      Community & HOA

      Community
      • Subdivision: Long Island City
      Location
      • Region: Long Island City

      Financial & listing details

      • Tax assessed value: $1,193,000
      • Annual tax amount: $8,124
      • Date on market: 3/2/2026

        Estimated market value

        $1,770,400

        $1.68M - $1.86M

        $4,605/mo

        Price history

        DateEventPrice
        3/2/2026Listed for sale$1,850,000-18.1%
        Source: StreetEasy #S1813270 Report a problem
        9/29/2025Listing removed$2,258,000
        Source: OneKey® MLS as distributed by MLS GRID #838715 Report a problem
        3/21/2025Listed for sale$2,258,000+32.9%
        Source: OneKey® MLS as distributed by MLS GRID #838715 Report a problem
        3/8/2024Listing removed$1,699,000
        Source: StreetEasy Report a problem
        1/21/2024Listed for sale$1,699,000-5.6%
        Source: StreetEasy Report a problem
        11/10/2023Listing removed--
        Source: StreetEasy Report a problem
        8/17/2023Listed for sale$1,799,000+227.1%
        Source: StreetEasy Report a problem
        12/11/2014Sold$550,000-14.1%
        Source: Public Record Report a problem
        4/13/2014Listing removed$640,000
        Source: Hillel Realty Group #48217 Report a problem
        12/1/2013Listed for sale$640,000+326.7%
        Source: Hillel Realty Group #47601 Report a problem
        4/8/1999Sold$150,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $71,580 +14.6%
        2024-- $62,460 -8.5%
        2023-- $68,280 -4.8%
        2022-- $71,760 -0.2%
        2021-- $71,880 +11.6%
        2020$7,231 +6%$64,380 +16.8%
        2019$6,822 +7.3%$55,140 +81.4%
        2018$6,360 +6.9%$30,405 +4.1%
        2017$5,952 +2%$29,196
        2016$5,837 $29,196 +2.6%
        2015$5,837 +75.7%$28,467 +6%
        2014$3,322 $26,857 +6%
        2013-- $25,338 +4.1%
        2012-- $24,330
        2011-- $24,330 +2.6%
        2010-- $23,723 +6%
        2009-- $22,381 +6%
        2008-- $21,115 +4.1%
        2007-- $20,275
        2006-- $20,275 +2.6%
        2005-- $19,770 +6%
        2004-- $18,651 +6%
        2003-- $17,596 +4.1%
        2002-- $16,896
        2001-- $16,896 +2.6%
        2000-- $16,475
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Long Island City

        Getting around

        97 / 100
        Walker's Paradise
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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