4811 37th St, Long Island City, NY, 11101

About This Home

Rare 3-Story Single-Family Home | Private Garage | Development Potential | Steps to 7 Train Welcome to 48-11 37th Street, Long Island City — a rarely available, freestanding three-story home offering 2,718 sq ft of living space, a full basement, and a detached private garage, all on a generous 4,000 sq ft lot with outdoor space. Built in 1900 and lovingly maintained, this home offers timeless character with the space and privacy that's hard to come by in NYC. Steps from the 7 train at 33 St–Rawson St, with direct service to Grand Central and Times Square — putting Midtown Manhattan around 30 minutes away. Key features: * 2,718 sq ft across three floors * Full basement — ideal for storage, gym, or recreation * Detached private garage * 4,000 sq ft lot with outdoor space (40 ft × 100 ft) * Low annual property taxes: $5,510 * ~30 min to Midtown Development potential: * The home currently uses only 2,720 sq ft of the 6,000 sq ft the zoning allows — meaning there's room to add up to 3,280 sq ft of additional space without needing a zoning variance * R5 zoning with a residential FAR of 1.25 * Located within a federally designated Opportunity Zone — potential tax advantages for investors and developers * A turnkey home today with serious upside for tomorrow 3D tour available upon request