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3177 37th St 27 Unit Apartment Building $21,781,799 CAD ($806,733 CAD/Unit) Long Island City, NY 11103
Investment Highlights
- Between both M/R & N/W subway stations
- Elevator, Laundry Room, Storage Room, Garage Parking
- Roof Deck and Fenced Yard With BBQs
Executive Summary
Welcome to Broadway 37, a 27 unit luxury rental building completed in 2017. This well-maintained brick building, perfectly situated just off Broadway, offers an ideal investment for those seeking a prime location and high rental potential. With its proximity to two subway lines (M/R & N/W), tenants will enjoy easy access to transportation, making this property highly desirable. The building features an elevator for added convenience, along with garage parking, a rare find in the city. Additionally, a laundry room and storage units enhance the building's appeal and value. Outdoor amenities include a fenced-in backyard with landscaping and two BBQs, providing a private outdoor space for tenants to enjoy. The furnished roof deck offers panoramic views, adding to the building's allure. Consisting of one to three-bedroom units, each designed with luxury finishes and modern amenities, this building offers a lucrative investment opportunity. Two penthouse units add prestige and premium rental income potential. There is a 15 year tax abatement in place.
Property Facts
| Price | $21,781,799 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $806,733 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 27 | Building Size | 20,000 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2017 |
| Zoning | R6B - Medium density residential district | ||
| Price | $21,781,799 CAD |
| Price Per Unit | $806,733 CAD |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 20,000 SF |
| No. Stories | 5 |
| Year Built | 2017 |
| Zoning | R6B - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,954,479 CAD | |
| Land Assessment | $381,817 CAD | Total Assessment | $3,336,297 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$381,817 CAD
Improvements Assessment
$2,954,479 CAD
Total Assessment
$3,336,297 CAD
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3177 37th St
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