Primary listing photo
Listing photo 2

3409 37th Ave, Long Island City, NY, 11101

3beds
2baths
0sqft
$1,850,000
--price/sqft
$11,419/moest. monthly cost
$456,760/yrincome needed

About This Home

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.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

7/10
Ps 166 Henry GradsteinGrades PK-50.3 mi
6/10
Is 204 Oliver W HolmesGrades 6-80.3 mi
3/10

Construction

Condition

  • Year built: 1901

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 006340005
  • Special condition: Resale

Features

  • Patio & porch: Other,Deck
  • Exterior features: Courtyard,Garden,Private Roof Deck
  • Has view: Yes
  • View description: Park/Greenbelt