Long Island City, NY 11101,34-09 37th AVE
Long Island City, NY 11101,34-09 37th AVE
Long Island City, NY 11101,34-09 37th AVE
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Karin Lanciano

Karin Lanciano

Lanciano Pizante

+1(917) 426-8415
$1,688,000
Est. payment /mo
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UPDATED:

12/04/2024 10:11 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3535753

Originating Board onekey2

Rental Info No

Year Built 1901

Annual Tax Amount $7,328

Lot Dimensions 25x98.08

Property Description

LOCATION, LOCATION LOCATION!!! Calling All Investors, Developers & End-Users!!! LOCATION, LOCATION, LOCATION!!! 2,400+ Sqft. Development Site With M1-1 Zoning For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong M1-1 Zoning, 6 Parking Spaces, High 10' Ceilings, Fenced Yard, All New LED Lighting, 200 Amp Power, A/C,+++!!! The Property Is Located In The Heart Of Long Island City 1 Block Off Northern Blvd.!!! The Property Is Situated Minutes From The Queensboro Bridge Near The Museum Of The Moving Image!!! Neighbors Include Starbucks, Mercedes-Benz, Honda, Yamaha, Hilton Hotels, Marriott Hotels, The Home Depot, P.C. Richard & Son, CubeSmart Self Storage, Best Buy, Walgreens, Dunkin', 7-Eleven, T-Mobile, Planet Fitness, Regal Cinemas, Marshall's, Applebee's Bar & Grill, Blink Fitness, YMCA, !!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. House: $42,000 Ann.; Lease Exp. 3/1/25. LL: $21,000 Ann. (Available) Pro Forma Gross Income: $63,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1,800 Ann. Insurance: $784 Ann. Taxes: $7,328 Ann. Total Expenses: $10,162 Ann. Pro Forma Net Operating Income (NOI): $50,788 Ann.

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Private Pool No

Building

Story 1

Others

Special Listing Condition None


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Listed by All Island Estates Realty Corp

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Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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