36-01 37th Ave
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36-01 37th Ave
65,500 SF Industrial Building Long Island City, NY 11101 £12,158,355 (£186/SF)
Investment Highlights
- M1-1 property
Executive Summary
EXECUTIVE SUMMARY
Colliers has been exclusively retained to facilitate the sale of 36-01 37th Avenue. This property is located in the highly desirable Long Island City neighborhood of Queens and occupies a prominent blockfront on 37th Avenue between 36th
and 37th Streets, just one block from Northern Boulevard. The property is set on a 28,091 square foot lot and features a 4-story, approximately 65,500 square foot mixed-use building, offering industrial, office, and retail opportunities.
The site benefits from excellent transportation options, being close to Northern Boulevard, Grand Central Parkway, Queens Boulevard, and the Long Island Expressway. It is also just steps away from the 36th Street Subway Station, serviced by the E, M, and R trains, and the 39th Avenue-Dutch Kills Subway Station, serviced by the N and W trains. With its block-through access and versatile usage potential, 36-01 37th Avenue represents a remarkable opportunity in one of New York City’s fastest-growing neighborhoods.
Key Features:
28,091 (approx.) Square Foot Lot
65,500 (approx.) Total Square Feet
9 Drive-In Doors
Updated Freight Elevator
Refurbished Passenger Elevator
Natural Light
High Ceilings
Main Street Exposure
Colliers has been exclusively retained to facilitate the sale of 36-01 37th Avenue. This property is located in the highly desirable Long Island City neighborhood of Queens and occupies a prominent blockfront on 37th Avenue between 36th
and 37th Streets, just one block from Northern Boulevard. The property is set on a 28,091 square foot lot and features a 4-story, approximately 65,500 square foot mixed-use building, offering industrial, office, and retail opportunities.
The site benefits from excellent transportation options, being close to Northern Boulevard, Grand Central Parkway, Queens Boulevard, and the Long Island Expressway. It is also just steps away from the 36th Street Subway Station, serviced by the E, M, and R trains, and the 39th Avenue-Dutch Kills Subway Station, serviced by the N and W trains. With its block-through access and versatile usage potential, 36-01 37th Avenue represents a remarkable opportunity in one of New York City’s fastest-growing neighborhoods.
Key Features:
28,091 (approx.) Square Foot Lot
65,500 (approx.) Total Square Feet
9 Drive-In Doors
Updated Freight Elevator
Refurbished Passenger Elevator
Natural Light
High Ceilings
Main Street Exposure
Property Facts
| Price | £12,158,355 | Rentable Building Area | 65,500 SF |
| Price Per SF | £186 | Number of Floors | 4 |
| Sale Type | Investment | Year Built/Renovated | 1950/2022 |
| Property Type | Industrial | Clear Ceiling Height | 14 ft |
| Property Subtype | Warehouse | Level Access Doors | 9 |
| Building Class | A | Opportunity Zone |
Yes
|
| Lot Size | 0.61 AC |
| Price | £12,158,355 |
| Price Per SF | £186 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 0.61 AC |
| Rentable Building Area | 65,500 SF |
| Number of Floors | 4 |
| Year Built/Renovated | 1950/2022 |
| Clear Ceiling Height | 14 ft |
| Level Access Doors | 9 |
| Opportunity Zone |
Yes |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 00636-0001 | Improvements Assessment | £1,708,727 |
| Land Assessment | £495,943 | Total Assessment | £2,204,671 |
PROPERTY TAXES
Parcel Number
00636-0001
Land Assessment
£495,943
Improvements Assessment
£1,708,727
Total Assessment
£2,204,671
zoning
| Zoning Code | M1-1 (Manufacturing) |
| M1-1 (Manufacturing) |
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Josh Kleinberg -
Daniel Mundle -
Rich Novak -
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36-01 37th Ave
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