36-30 37Th St Long Island City, NY 11101
This exceptional Class A office building, located at 36-30 37th Street in Long Island City, Queens, NY 11101, presents a unique investment opportunity. The property boasts a total of 3,300 square feet spread across two stories, situated on a 2,500 square foot lot. The building is currently vacant, offering immediate occupancy. The ground floor encompasses 2,200 square feet, featuring excellent street frontage, a dedicated conference room, and a kitchenette. The second floor comprises 1,100 square feet with its own private entrance and a kitchenette. Both floors benefit from separate utility meters and a fully functional HVAC system. The building is zoned M1-1, making it suitable for a variety of uses including office, medical, flexible workspace, and creative office spaces. Conveniently located near subway access, this property offers exceptional visibility and accessibility. Nearby parking is also available. This is an ideal opportunity to acquire a well-maintained, versatile office building in a thriving Long Island City location. Asking price is $1,550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.