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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 $5,300,000 ($869/SF)

Retail Space New York Long Island City 3016 -3018 37th Ave, Long Island City, NY 11101

Executive Summary

We are pleased to present this Package Deal Investment opportunity. The package includes A corner property located at 30-18 37th Ave, lot size 23.25' x 99.75' and consists of 4 commercial units, A mechanics shop, 2 Auto repair shops, and an office on 2nd floor. Also 30-16 37th Ave, Lot size 22.5' x 104.87' which is 2 story vacant 2 family that needs total renovation. Total frontage 146.5' Both lots Zoned MI-2, R6A, LIC. FAR: 3 BSF: 16,341 Combined lot size: 5,447. Monthly Rents are as follows: Mechanic shop-$6,000, Auto Repair Shop # 1-$3,000 Auto repair shop #2 $3,500, Office-$4,000.

Attachments

3016 & 3018 37th Ave Set Up

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
$5,300,000
Price Per SF
$869
Percent Leased
68%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Land Acres
0.14 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
MI-2, R6A, LIC. - MI-2, R6A, LIC.
Frontage
44 FT on 37th Avenue

Links

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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bank of America
Rent-a-center
Applebee's
Starbucks
Key Food
Five Guys Roofing
Western Beef
Santander
The Food Emporium
Buffalo Wild Wings

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00372-0022
  • 00372-0023
 Improvements Assessment $228,478
Land Assessment $77,944 Total Assessment $306,422

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00372-0022
  • 00372-0023
Land Assessment
$77,944
Improvements Assessment
$228,478
Total Assessment
$306,422
(718) 894-8700

  • Listing ID: 32986825

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: 3016 -3018 37th Ave, Long Island City, NY 11101

More public record information on 3016 -3018 37th Ave, Long Island City, NY 11101

The Retail Property at 3016 -3018 37th Ave, Long Island City, NY 11101 is currently available For Sale. Contact Crifasi Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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3016 -3018 37th Ave, Long Island City, NY for sale Primary Photo- Image 1 of 8
COMMERCIAL UNITS
3016 -3018 37th Ave, Long Island City, NY for sale Other- Image 2 of 8
3016 & 3018 37th Ave Set up Pg. 1
3016 -3018 37th Ave, Long Island City, NY for sale Other- Image 3 of 8
3016 & 3018 37th Ave Set up Pg. 2
3016 -3018 37th Ave, Long Island City, NY for sale Building Photo- Image 4 of 8
CORNER VIEW COMMERCIAL UNITS
3016 -3018 37th Ave, Long Island City, NY for sale Building Photo- Image 5 of 8
COMMERCIAL UNIT & 2 FAMILY
3016 -3018 37th Ave, Long Island City, NY for sale Building Photo- Image 6 of 8
TWO FAMILY HOME
3016 -3018 37th Ave, Long Island City, NY for sale Building Photo- Image 7 of 8
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PACKAGE DEAL-3016 & 3018 37th Ave. LIC NY | 3016 -3018 37th Ave
(718) 894-8700 x

PACKAGE DEAL-3016 & 3018 37th Ave. LIC NY | 3016 -3018 37th Ave

Salvatore Crifasi

(718) 894-8700

(718) 894-8700

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