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.
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.