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PACKAGE DEAL-3016 & 3018 37th Ave. LIC NY 3016 -3018 37th Ave

6,100 SF 68% Leased Retail Building Long Island City, NY 11101 £4,146,985 (£680/SF)

Executive Summary

We are pleased to present this Package Deal Investment opportunity. The package includes A corner property located at 30-18 37th Ave, lot size 23.25' x 99.75' and consists of 4 commercial units, A mechanics shop, 2 Auto repair shops, and an office on 2nd floor. Also 30-16 37th Ave, Lot size 22.5' x 104.87' which is 2 story vacant 2 family that needs total renovation. Total frontage 146.5' Both lots Zoned MI-2, R6A, LIC. FAR: 3 BSF: 16,341 Combined lot size: 5,447. Monthly Rents are as follows: Mechanic shop-$6,000, Auto Repair Shop # 1-$3,000 Auto repair shop #2 $3,500, Office-$4,000.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,100 SF
Building Class
C
Year Built
1953
Price
£4,146,985
Price Per SF
£680
Percent Leased
68%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.00
Land Acres
0.14 AC
Opportunity Zone
Yes
Zoning
MI-2, R6A, LIC. - MI-2, R6A, LIC.
Frontage
44 ft on 37th Avenue
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Rent-a-center
Five Guys Roofing
Western Beef
Applebee's
Starbucks
Key Food
Santander
The Food Emporium
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00372-0022
  • 00372-0023
Land Assessment
£60,987
Improvements Assessment
£178,773
Total Assessment
£239,760
  • Listing ID: 32986825

  • Date on Market: 12/10/2023

  • Last Updated:

  • Address: 3016 -3018 37th Ave, Long Island City, NY 11101

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