See Home Value
$6,000,000
Commercial - Off Market

3016 &3018 37th Avenue

Long Island City, NY 11101
bedrooms
Studio
bathrooms
0 Bath
$32,212
Estimated Monthly
$0
HOA / Fees
-0.17%
Cap Rate

About This Property

We are pleased to present this Package Deal Investment opportunity. The package includes A corner property located at 30-18 37th Ave, lot size 23.25' x 99.75' and consists of 4 commercial units, A mechanics shop, 2 Auto repair shops, and an office on 2nd floor. Also 30-16 37th Ave, Lot size 22.5' x 104.87' which is 2 story vacant 2 family that needs total renovation. Total frontage 146.5' Both lots Zoned MI-2, R6A, LIC. Monthly Rents are as follows: Mechanic shop-$6,000, Auto Repair Shop # 1-$3,000 Auto repair shop #2 $3,500, Office-$4,000.  FAR: 3  BSF: 16,341 Combined lot size: 5,447 s/f Approx. yearly taxes: $33,000.00
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,750
HOA Dues
-
Year Built
1915
Last updated: 19 days ago (OneKey MLS #ONE3509535)

Price History

Date / Event Date Event Price
Apr 11, 2024 No longer available -
No longer available
Dec 13, 2023 Price Decreased $6,000,000
↓ $500K (7.7%)
Price Decreased
Oct 10, 2023 Listed by Crifasi Real Estate Inc $6,500,000
Listed by Crifasi Real Estate Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,663
  • Lot Size Depth Feet: 105
  • Lot Size Frontage Feet: 23
  • Building Depth: 38
  • Building Frontage: 19
  • Gross Building Area: 2,097

    Building Floor Area

  • Residential Building Floor Area: 1,476
  • Commercial Building Floor Area: 621
  • Garage Building Floor Area: 400
  • Storage Building Floor Area: 221

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 3
  • Commercial Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: S1
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: E

Neighborhood

  • Community District: 401
  • City Council District: 26
  • Police Precinct: 114
  • Fire Company: E260
  • Health Area: 710
  • Sanitation District Borough: 4
  • Sanitation Subsection: 6E
  • School District: 30

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: M1-2/R6A
  • Special Purpose District 1: LIC

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 372
  • Lot: 22
  • Borough Block Lot: 4003720022

    Address

  • Full Address: 30-16 37 Avenue
  • Zip Code: 11101

Valuation

    Assessments Valuation

  • Assessed Total Value: $54,660
  • Assessed Land Value: $9,420

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$5,300,000 Mar 18, 2019
$5,300,000 Oct 8, 2019
$6,956/mo
Commercial
Loft
-
-
$5,400,000 Jan 27, 2017
$5,400,000 Mar 16, 2021
$2,703/mo
Townhouse
Stu
-
-
$5,620,838 Jan 15, 2015
$5,620,838 Mar 21, 2017
-
Townhouse
1 Bed
1 Bath
-
$5,300,000 Sep 24, 2018
$5,300,000 Sep 23, 2019
-
Commercial
Loft
-
-
$6,500,000 Aug 4, 2022
-
$5,759/mo
Commercial
Loft
-
-
$6,200,000 Mar 2, 2023
-
$2,391/mo
Commercial
Loft
-
-
$5,999,000 May 31, 2023
-
$7,692/mo

About Northwestern Queens


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Frequently Asked Questions

When was property at 30-16 37th Avenue built and last sold?
The property at 30-16 37th Avenue was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 30-16 37th Avenue is $6,060,000.
What are some comparable homes to 30-16 37th Avenue?
Homes that are comparable to 30-16 37th Avenue include a commercial property at 34-40 11th Street, 37-10 31st Avenue, 33-14 34th Avenue.

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