Baths
1,100 Sq. Ft.
$1,682 / Sq. Ft.
1,100
Sq. Ft.
$1,682
per Sq. Ft.

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.

Listing Agents

  1. Erion Ahmetaj

    Erion Ahmetaj

    Listing Agent

    Compass

    erion.ahmetaj@compass.com

    P: (917)-597-5736

  2. Ergin Ahmetaj

    Ergin Ahmetaj

    Alternative Listing Agent

    Compass

    ergin.ahmetaj@compass.com

    P: (917)-836-4151

Amenities

  • Crown Mouldings
  • Built-Ins
  • Laundry in Building
  • Voice Intercom
  • Lowrise
LISTING UPDATED: 03/10/2026 10:52 AM

Property Details for 34-09 37th Avenue

StatusActive
Days on Market70
Taxes$677 / month
Maintenance-
Min. Down Pymt-
Total Rooms2.0
Property TypeMulti Family
MLS Type-
Year Built1901
Lot Size2,452 SF / 0' x 0'
CountyQueens County

Building

34-09 37th Ave

1 StoriesBuilt in 1901
Add your commute

Building Information for 34-09 37th Avenue

Stories1Residences-Year Built1901Building Size0' x 0'Building Sq. Ft0 SFLot Size2,452 SF / 0' x 0'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$9,993 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,316

Property Taxes

$677

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property History for 34-09 37th Avenue

DateEvent & SourcePriceAppreciationLink
Mar 2, 2026

Listed (Active)

Manual

$1,850,000
Dec 19, 2025

Temporarily Off Market

ONEKEY #838840

$2,258,000
Dec 19, 2025

Temporarily Off Market

ONEKEY #838715

$2,258,000
DateEvent & SourcePrice
03/02/2026

Listed (Active)

Manual

$1,850,000
12/19/2025

Temporarily Off Market

ONEKEY #838840

$2,258,000
12/19/2025

Temporarily Off Market

ONEKEY #838715

$2,258,000

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

Public Records for 34-09 37th Avenue

Taxable ValueLand$14,820Additions$70,380Total$85,200
Home Facts
Total Finished SqFt1,100 SqFtLot Size2,452 SqFtYear Built1901ZoningM1-1APN4006340005

Schools near 34-09 37th Avenue

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
P.S. 166 Henry Gradstein
PublicPK to 5

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

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
Long Island City
State of the art living with a classic view. Sleek high-rises, scenic public spaces, and East River views make Long Island City an equally modern (but much less hectic) answer to downtown Manhattan.

Neighborhood Map and Transit

Similar Homes

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 70 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, 0-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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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.