36-01 37Th Ave, Long Island City, NY 11101

65,500 SF | 100% Leased | Industrial Building | Long Island City, NY 11101 | $15,500,000 ($237/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $15,500,000

Property Type
Industrial
Price / Square Foot
$237

Listing Contacts

Josh Kleinberg
Josh Kleinberg
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Jon Squires
Jon Squires
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Dylan Walsh
Dylan Walsh
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Josh Neustadter
Josh Neustadter
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Jeremy Previte
Jeremy Previte
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Austin Weiner
Austin Weiner
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  • Property Info

Property Overview

Cushman and Wakefield has been retained on an exclusive basis to arrange for the sale of 36-01 37th Avenue. Located in the highly desirable neighborhood of Long Island City, Queens, the property is situated on the blockfront of 37th Avenue bound by 36th and 37th Streets, just one block from Northern Boulevard. The property sits on a 28,091 square foot lot and is improved by a 4-story, ~65,500 square foot industrial property. The property has a mix of industrial, office, and residential space, and boasts a total of 9 drive in garages: five on 37th Street, three on 37th Avenue & one on 36th Street.
The subject property is surrounded by several transportation options including Northern Boulevard, Grand Central Parkway, Queens Boulevard & the Long Island Expressway. The building is also located just steps from 36th Street Subway Station services by the E, M & R trains and the 39th Avenue-Dutch Kills Subway Station serviced by the N & W trains.
Providing block through access and flexibility of use, 36-01 37th Avenue stands out as a tremendous investment opportunity in one of the fastest growing neighborhoods in all of New York City.

Property Details

Class
C
Year Built
1950
Stories
4
Property Subtype
Distribution
Lot Size (sq. ft)
26,572 SF

Highlights

  • M1-1 property

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