For Sale · Listing by Compass
34-09 37th Avenue
Long Island City, Queens
$1,850,000
34-09 37th Avenue
MLS® #RLS20074400
Listing by Compass
- 3
- Bedrooms
- 2
- Baths
- 1,100
- Sq. Ft.
- 1901
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1901)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 2, 2026 | $1,850,000 | - |
| Currently | Aug 5, 2026 | $1,850,000 | - |
Description
Prime M1-1 Zoned Opportunity in the Heart of Long Island City Located in the vibrant and rapidly evolving neighborhood of Long Island City, 34-09 37th Avenue presents a rare opportunity to acquire a 25-foot-wide property with flexible M1-1 zoning in one of Queens’ most dynamic corridors. Set on a 25 ft x 98.08 ft lot (2,452 SF), this property offers significant potential for investors, developers, or end-users seeking a well-positioned asset with long-term upside. The existing structure is a 1-story building (built in 1901) currently classified as a Two-Family converted from One-Family (B3), measuring approximately 1,100 square feet (22 ft x 50ft). The building is notably underbuilt relative to the lot size, creating compelling possibilities for repositioning or redevelopment. Property Highlights: • Lot Size: 2,452 SF • Lot Dimensions: 25 ft x 98.08 ft • Zoning: M1-1 (Manufacturing District – Zoning Map 9b) • Building Size: 1,100 SF • Stories: 1 • Roof Height: 16 ft • Regular lot configuration • Built in 1901 M1-1 zoning allows for a range of uses including light manufacturing, warehouse, commercial, office, and certain community facility uses. Buyers are encouraged to consult with their architect to explore development potential. Positioned near major transportation, thriving residential developments, and expanding commercial activity, Long Island City continues to attract strong demand from businesses and investors alike. Whether you are looking to develop, occupy, or hold for long-term appreciation, 34-09 37th Avenue offers flexibility, scale, and strategic location in one of New York City’s most active submarkets. For additional information or to schedule a viewing, please reach out directly.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
Long Island City Live Market Data
View NeighborhoodActive Listings
164
Median Asking Price
$1.14M
Median $/Sqft
$1,583
Avg Days on Market
N/A
New This Week
9
Price Reduced
27%
Sold (30 Days)
0
Median Sale Price
$895K
Live data from RLS at REBNY • Updated 8/5/26, 7:15 PM EST
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Location
34-09 37th Avenue, Long Island City, Queens County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $8,124, or roughly $677 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 0 full bathrooms.
The listed interior living area is 1,100 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1901, making it approximately 125 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $1,850,000 for 1,100 sq ft, the asking price per square foot is approximately $1,682. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Erion Ahmetaj
Listing Contact: (917) 597-5736
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 8/5/2026 at 11:15 PM UTC
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Quick Facts
Monthly Costs Estimate
$370,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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