Active
$1,850,000
Est: $10,553/moGet pre-approved
3 beds1,100 sqft

34-09 37th Avenue, Long Island City, Queens, NY 11101

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
...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.
Multi FamilyProperty Type
0.06 acresLot Size
1901Year Built
$1,682/sq ftPrice per sq ft
Pets welcomePet policy
Last updated: 11/03/2026 02:09 PM
254 days on Market

Amenities

34-09 37th Avenue

  • Crown Mouldings
  • Built-Ins
  • Laundry in Building
  • Voice Intercom
  • Lowrise

Location

Listing Courtesy of: Erion Ahmetaj (Listing Agent, Compass), Ergin Ahmetaj (Alternative Listing Agent, Compass).

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$10,553 per month

Principal and Interest

$9,876

Property Taxes

$677

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Property information

34-09 37th Avenue

Property Details

  • Taxes: $677 / month
  • Total Rooms: 2.0

Building Information

  • Stories: 1
  • Residences: 2
  • Year Built: 1901
  • Building Size: 22' x 50'
  • Building Sq. Ft: 1,100 SF
  • Lot Size: 2,452 SF
  • Building Type: Townhouse

Property History

34-09 37th Avenue

DateEventPriceLink
Mar 2, 2026

Listed (Active)

Manual

$1,850,000
—
Dec 19, 2025

Temporarily Off Market

ONEKEY #838715

$2,258,000
—
Sep 29, 2025

Permanently Off Market

ONEKEY #838715

$2,258,000
—
DateEventPrice
03/02/2026

Listed (Active)

Manual

$1,850,000
12/19/2025

Temporarily Off Market

ONEKEY #838715

$2,258,000
09/29/2025

Permanently Off Market

ONEKEY #838715

$2,258,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

34-09 37th Avenue

Total Finished SqFt

1,100 SqFt

Lot Size

2,452 SqFt

Year Built

1901

Zoning

M1-1

APN

4006340005

Schools

Near 34-09 37th Avenue

This home is within New York City Geographic District #30.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Long Island City
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34-09 37th Avenue is a multi-family home for sale in Long Island City. This property was listed for sale on March 2, 2026 by Compass, it's currently listed at $1,850,000. It has been on the market for a total of 254 days and was last sold on October 31, 2014. This listing's school district is New York City Geographic District #30. Nearby schools include P.S. 166 Henry Gradstein, Is 204 Oliver W Holmes and Long Island City High School. 34-09 37th Avenue is a 3-bed, 2-bath, 1,100 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

This 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.