Prime Development Opportunity in Long Island City. Currently a single-family detached home on a 25x90 lot with R6A/M1-2 zoning, offering significant redevelopment potential, over 9,000 buildable square feet (please verify with own architect). First floor features a living room, dining area, kitchen, 1 bedroom, and 1 full bath. Upstairs offers another bedroom and full bath, while the fully finished basement includes a separate entrance. A spacious fenced backyard adds to the appeal. Located minutes from Manhattan and just half of block to the N/W subway and Q102 bus, as well as the shops and restaurants of 36th Ave. Ideal for end-users, investors, or developers.
Sold for $1,480,000
$1,480,000
38-12 31st Street, Long Island City, NY 11101
3beds
2,000sqft
Single Family Residence, Residential
Built in 1920
2,250 Square Feet Lot
$1,525,000 Zestimate®
$740/sqft
$6,438 Estimated rent
Home value
$1,525,000
$1.45M - $1.60M
$6,438/mo
Zestimate® history
Owner options
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$8,955/mo
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List your homeWhat's special
Fully finished basementDining areaSpacious fenced backyardSingle-family detached home
Zillow last checked:
Listing updated:
Listed by:
Jing X. Gao 917-622-5823,
Keller Williams Landmark II 347-846-1200
Bought with:
Jing X. Gao, 10301212243
Keller Williams Landmark II
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 898716
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop
Features
- First Floor Bedroom
- Basement: Walk-Out Access
- Attic: None
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Lot
- Size: 2,250 Square Feet
- Dimensions: 25 x 95
- Features: Back Yard, City Lot
Details
- Parcel number: 003830017
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence, Residential
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Long Island City
Financial & listing details
- Price per square foot: $740/sqft
- Tax assessed value: $1,241,000
- Annual tax amount: $6,461
- Date on market: 8/7/2025
- Cumulative days on market: 111 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $1,480,000-7.5%$740/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #898716 Report a problem | ||
| 11/26/2025 | Pending sale | $1,600,000$800/sqft |
Source: OneKey® MLS as distributed by MLS GRID #898716 Report a problem | ||
| 8/7/2025 | Price change | $1,600,000+3.2%$800/sqft |
Source: OneKey® MLS as distributed by MLS GRID #898716 Report a problem | ||
| 12/11/2024 | Price change | $1,550,000-3.1%$775/sqft |
Source: OneKey® MLS as distributed by MLS GRID #804823 Report a problem | ||
| 4/30/2024 | Price change | $1,600,000+3.2%$800/sqft |
Source:  BNYMLS #477221 Report a problem | ||
| 11/18/2023 | Price change | $1,550,000-1.9%$775/sqft |
Source: BNYMLS #477221 Report a problem | ||
| 10/18/2023 | Price change | $1,580,000-4.2%$790/sqft |
Source: BNYMLS #477221 Report a problem | ||
| 10/17/2023 | Price change | $1,650,000+4.4%$825/sqft |
Source: StreetEasy Report a problem | ||
| 10/16/2023 | Price change | $1,580,000-4.2%$790/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3509156 Report a problem | ||
| 10/1/2023 | Listed for sale | $1,650,000-10.8%$825/sqft |
Source: BNYMLS #477221 Report a problem | ||
| 6/1/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/27/2020 | Listed for sale | $1,850,000-2%$925/sqft |
Source: RE/MAX Team #3236918 Report a problem | ||
| 2/12/2019 | Listing removed | $1,888,000$944/sqft |
Source: East Coast REALTORS Inc #3032168 Report a problem | ||
| 10/9/2018 | Price change | $1,888,000+3.3%$944/sqft |
Source: East Coast REALTORS Inc #3032168 Report a problem | ||
| 5/21/2018 | Price change | $1,828,000-1.1%$914/sqft |
Source: East Coast REALTORS Inc #3032168 Report a problem | ||
| 5/9/2018 | Price change | $1,849,000+3.3%$925/sqft |
Source: Owner Report a problem | ||
| 3/14/2018 | Price change | $1,790,000-8.6%$895/sqft |
Source: AA Realty First Inc #2996361 Report a problem | ||
| 1/13/2018 | Listed for sale | $1,958,000+0.4%$979/sqft |
Source: AA Realty First Inc #2996361 Report a problem | ||
| 11/3/2017 | Listing removed | $1,950,000$975/sqft |
Source: RE/MAX Team #2960326 Report a problem | ||
| 8/2/2017 | Price change | $1,950,000-10.9%$975/sqft |
Source: RE MAX Team #2960326 Report a problem | ||
| 6/11/2016 | Listed for sale | $2,189,000+82.6%$1,095/sqft |
Source: RE/MAX Team #2860408 Report a problem | ||
| 3/28/2015 | Listing removed | $1,199,000$600/sqft |
Source: Progressive Rlty Grp USA Inc #10189874 Report a problem | ||
| 12/18/2014 | Listed for sale | $1,199,000+59.9%$600/sqft |
Source: Progressive Realty Group USA, Inc. #2727076 Report a problem | ||
| 6/13/2014 | Listing removed | $750,000$375/sqft |
Source: Oxford Property Group Report a problem | ||
| 6/11/2014 | Listed for sale | $750,000$375/sqft |
Source: Oxford Property Group #54716TH Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $74,460 -0.8% |
| 2024 | -- | $75,060 +0.4% |
| 2023 | -- | $74,760 -4.8% |
| 2022 | -- | $78,540 +9.1% |
| 2021 | -- | $72,000 +16.3% |
| 2020 | $6,263 +5.9% | $61,920 +3.8% |
| 2019 | $5,915 +6.7% | $59,640 +125% |
| 2018 | $5,546 +8.5% | $26,512 +5.7% |
| 2017 | $5,113 +3.7% | $25,081 +1.7% |
| 2016 | $4,930 | $24,661 +0% |
| 2015 | $4,930 +87.2% | $24,657 +5.9% |
| 2014 | $2,634 | $23,288 +5.4% |
| 2013 | -- | $22,094 +5.7% |
| 2012 | -- | $20,901 +1.7% |
| 2011 | -- | $20,551 +0% |
| 2010 | -- | $20,548 +5.9% |
| 2009 | -- | $19,407 +5.4% |
| 2008 | -- | $18,412 +5.7% |
| 2007 | -- | $17,418 +1.7% |
| 2006 | -- | $17,126 +0% |
| 2005 | -- | $17,124 +5.9% |
| 2004 | -- | $16,173 +5.4% |
| 2003 | -- | $15,344 +5.7% |
| 2002 | -- | $14,515 +1.7% |
| 2001 | -- | $14,272 +0% |
| 2000 | -- | $14,270 |
Find assessor info on the county website
Neighborhood: Long Island City
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Nearby schools
GreatSchools rating
- 9/10Ps 166 Henry GradsteinGrades: PK-5Distance: 0.4 mi
- 8/10Is 204 Oliver W HolmesGrades: 6-8Distance: 0.2 mi
- 3/10Long Island City High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Ps 166 Henry Gradstein
- Middle: Is 204 Oliver W Holmes
- High: Long Island City High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Queens County
- New York
- 11101
- Queens
- Long Island City
- 38-12 31st Street
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