Property profile

36-30 37Th St Queens, NY 11101

OFF-MARKET
Office Spaces
3,300 SF Built 1930
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Property summary

AI-generated overview

This exceptional two-story office building, located at 36-30 37th Street in Queens, New York, presents a unique investment opportunity. Built in 1930, the property boasts a total of 3,300 square feet, strategically divided into a 2,200 square foot ground floor and an 1,100 square foot second floor. The building sits on a 2,500 square foot lot and benefits from excellent street frontage, enhancing visibility and accessibility. Inside, you'll find a well-appointed space featuring a dedicated conference room, a convenient kitchenette, and a private entrance to the second floor, offering both privacy and convenience. The property is zoned M1-1, providing flexibility for a variety of commercial uses. Real estate taxes are currently $15,912 annually. This property is ideally situated in the vibrant Long Island City neighborhood, offering easy access to major transportation routes and a thriving business community. The building's classic architecture and modern amenities combine to create a highly desirable workspace. This is an excellent opportunity to acquire a well-maintained, income-producing property in a prime location. The building's size and layout offer versatility for a range of businesses, making it an attractive investment for both established companies and startups alike. Don't miss this chance to own a piece of Long Island City's thriving commercial landscape.

Property profile

Verified
Property type Office Spaces
Year built 1930
Total area 3,300 SF

Cap rate & NOI

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

Location

36-30 37Th St Queens, NY 11101
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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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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