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Property profile

8-14 37Th Ave Queens, NY 11101

OFF-MARKET
Warehouses
11,300 SF Built 1931
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Property summary

AI-generated overview

This exceptional Long Island City property offers 11,300 square feet of versatile space, ideal for a variety of uses. The building, constructed in 1931, features a blend of warehouse and office space across three stories. The layout includes 5,000 square feet of ground-floor warehouse space, complemented by 5,000 square feet of second-floor office space and an additional 1,300 square feet of office space on the third floor. Each of the three suites is available for lease individually or as a combined unit, providing flexibility for tenants of varying sizes and needs. The property boasts a 50-foot frontage on 37th Avenue, conveniently located near Vernon Boulevard in the Queens North submarket of Long Island City. The 5,000-square-foot lot is zoned M1-3, and the building is classified as Class C. One drive-in door facilitates efficient loading and unloading. The property's location offers excellent access to Manhattan and all New York City boroughs. Annual property taxes are $4.60 per square foot. This unique opportunity combines the functionality of warehouse space with the convenience of office space, making it an attractive option for businesses seeking a strategic location in a thriving area. The total building size is 11,300 square feet, with a maximum contiguous space of 11,300 square feet. The Queens County property is identified by APN 4-00358-0020 and has a zip code of 11101.

Property profile

Verified
Property type Warehouses
Year built 1931
Total area 11,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
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Location

8-14 37Th Ave Queens, NY 11101
Queens metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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