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Two Four-Story Apartment Buildings
For Sale
Contact for pricing
Pending

144-47 37th Avenue, Queens, NY 11354

Two four-story apartment buildings each contain multiple rental units on 37th Avenue lots.

Property Size12,000 SF
Lot Size0.13 Acres
Days on Market132

Property Features for 144-47 37th Avenue

General Information

Standard status Pending
Size 12,000 SF
Lot size 0.13 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 16

Building Details

Stories 4
Tenancy Multi
Listing Agency: Chase Global Realty
Listed By: Sophia Yao · License #10311201216
Source: Crexi
Added: Apr 11 Changed: Aug 11 Last Checked: Aug 19 at 8:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chase Global Realty

Investment Insights

Based on property information with market context.

Two separate four-story apartment buildings are offered for sale, with each building located on its own 37th Avenue lot. The site configuration includes a total of 16 rental units offered at market rate with annual lease increment described in the remarks.

The buildings are referenced as approximately 25 by 63 feet per building, with total building area stated as 12,000 SF for each building and a 5,600 SF lot mentioned for each property. Tenants are described as paying all utilities, including heat, electric, and gas.

The property is presented as an easy-to-manage rental investment. The remarks also note that a tax grievance has been approved, and that the reduction is not included in the current tax.

Key Highlights

  • Two four‑story apartment buildings on 37th Ave, totaling 16 rental units at free‑market rents
  • Building sizes: 12,000 SF each (25' x 63' per building), on 37th Ave lots measuring 37th Ave lot 5,600 SF
  • Market‑rate lease structure with annual lease increments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,621
Businesses Nearby

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two four-story apartment buildings each contain multiple rental units on 37th Avenue lots.
Where is this apartment building located?
The property is located at 144-47 37th Avenue Queens, NY.
What are key features of this property?
This property features: Two four‑story apartment buildings on 37th Ave, totaling 16 rental units at free‑market rents; Building sizes: 12,000 SF each (25' x 63' per building), on 37th Ave lots measuring 37th Ave lot 5,600 SF; Market‑rate lease structure with annual lease increments
(718) 355-8788 Call to check price and availability
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