*Attention Investors: Incredible Investment Opportunity!*
37-05 27th Street in Long Island City is a diamond in the rough, awaiting a visionary investor to transform it into a remarkable urban oasis. This property is in need of a complete gut renovation, making it an ideal project for those with a keen eye for design and a passion for real estate development.
Situated in the heart of Long Island City, this property offers immense potential for revitalization and value appreciation. The spacious layout provides a blank canvas for customization, allowing you to create a truly one-of-a-kind living space tailored to the demands of modern living.
With its prime location, this property is in close proximity to an array of amenities, including trendy restaurants, boutiques, and art galleries. Additionally, the nearby transportation options make commuting a breeze, providing easy access to Manhattan and other parts of New York City.
Investors, seize this rare opportunity to bring your creative vision to life and capitalize on the thriving Long Island City market. Don't miss out on the chance to make your mark on this property and unlock its true potential. Schedule a viewing today and envision the endless possibilities that await you at 37-05 27th Street.
*Please Do Not Disturb the Neighbors!!!*
*Exclusively Marketed by
NextHome Empire
Contact Parry for more Information*
Sold for $1,250,000
$1,250,000
3705 27th St, Long Island City, NY 11101
4beds
1,405sqft
MultiFamily
Built in 1930
-- sqft lot
$1,531,100 Zestimate®
$890/sqft
$4,452 Estimated rent
Home value
$1,531,100
$1.39M - $1.68M
$4,452/mo
Zestimate® history
Owner options
List your home for rent
$4,452/mo
Rent Zestimate®
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$4,452/mo
Rent Zestimate®
Refinance and save
$7,572/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,572/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total interior livable area: 1,405 sqft
Property
Lot
- Size: 1,406 Square Feet
Details
- Parcel number: 003690112
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & HOA
Location
- Region: Long Island City
Financial & listing details
- Price per square foot: $890/sqft
- Tax assessed value: $1,345,000
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2024 | Sold | $1,250,000-3.8%$890/sqft |
Source: Public Record Report a problem | ||
| 11/7/2023 | Pending sale | $1,300,000$925/sqft |
Source: StreetEasy Report a problem | ||
| 11/7/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/17/2023 | Pending sale | $1,300,000$925/sqft |
Source: StreetEasy Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 8/23/2023 | Pending sale | $1,300,000$925/sqft |
Source: StreetEasy Report a problem | ||
| 7/20/2023 | Listed for sale | $1,300,000$925/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $80,700 +5.7% |
| 2024 | -- | $76,380 -11.4% |
| 2023 | -- | $86,220 +12.8% |
| 2022 | -- | $76,440 +13.3% |
| 2021 | -- | $67,440 +9.9% |
| 2020 | $6,709 +5.5% | $61,380 -0.2% |
| 2019 | $6,358 -12.8% | $61,500 +76.5% |
| 2018 | $7,287 +4.6% | $34,836 +1.9% |
| 2017 | $6,966 +18.8% | $34,170 +6% |
| 2016 | $5,861 | $32,236 +6% |
| 2015 | $5,861 +76.2% | $30,412 +4.8% |
| 2014 | $3,326 | $29,030 |
| 2013 | -- | $29,030 +1.9% |
| 2012 | -- | $28,475 +6% |
| 2011 | -- | $26,864 +6% |
| 2010 | -- | $25,344 +4.8% |
| 2009 | -- | $24,192 |
| 2008 | -- | $24,192 +1.9% |
| 2007 | -- | $23,730 +6% |
| 2006 | -- | $22,387 +6% |
| 2005 | -- | $21,120 +4.8% |
| 2004 | -- | $20,160 |
| 2003 | -- | $20,160 +1.9% |
| 2002 | -- | $19,775 +6% |
| 2001 | -- | $18,656 +6% |
| 2000 | -- | $17,600 |
Find assessor info on the county website
Neighborhood: Long Island City
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Nearby schools
GreatSchools rating
- 7/10Ps 112 Dutch KillsGrades: PK-5Distance: 0.1 mi
- 8/10Is 204 Oliver W HolmesGrades: 6-8Distance: 0.1 mi
- 3/10Long Island City High SchoolGrades: 9-12Distance: 0.6 mi