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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 $7,400,214 CAD ($1,213.15 CAD/SF)
Executive Summary
Exceptional Investment Opportunity in Prime Long Island City Location! This package deal includes two adjacent properties with a combined frontage of 146.5 ft and zoning of M1- / R6A, LIC
30-18 37th Ave is a corner property on a 23.25' x 99.75' lot featuring 4 commercial units: a mechanic shop, two auto repair shops, and a second-floor office.
30-16 37th Ave is a 2-story, 2-family home on a 22.5' x 104.87' lot. The property requires a full renovation and will be delivered vacant on title.
Ideal for investors or developers seeking strong income potential or future redevelopment in rapidly growing LIC.
INCOME AND EXPESE INFO WILL BE GIVEN UPON REQUEST
PLEASE CALL
Joseph V. Crifasi
Crifasi Real Estate
718-930-0040
30-18 37th Ave is a corner property on a 23.25' x 99.75' lot featuring 4 commercial units: a mechanic shop, two auto repair shops, and a second-floor office.
30-16 37th Ave is a 2-story, 2-family home on a 22.5' x 104.87' lot. The property requires a full renovation and will be delivered vacant on title.
Ideal for investors or developers seeking strong income potential or future redevelopment in rapidly growing LIC.
INCOME AND EXPESE INFO WILL BE GIVEN UPON REQUEST
PLEASE CALL
Joseph V. Crifasi
Crifasi Real Estate
718-930-0040
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,100 SF
Building Class
C
Year Built
1953
Price
$7,400,214 CAD
Price Per SF
$1,213.15 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
MI-2, R6A, LIC. - MI-2, R6A, LIC.
Frontage
44’ on 37th Avenue
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $320,468 CAD | |
| Land Assessment | $106,770 CAD | Total Assessment | $427,238 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$106,770 CAD
Improvements Assessment
$320,468 CAD
Total Assessment
$427,238 CAD
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PACKAGE DEAL-3016 & 3018 37th Ave. LIC NY | 3016 -3018 37th Ave
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