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3409 37TH AVE LONG ISLAND CITY, NY 11101
- Townhouse or Condo / Resale (MLS)
Property Details for 3409 37TH AVE, LONG ISLAND CITY, NY 11101
Features
- Lot Size: 2452.00 sq. ft.
- Total Units: 2
- Stories: 100
Facts
- Year Built: 01/01/1901
- Property ID: 864458668
- MLS Number: 3535753
- Parcel Number: 00634-0005
- Property Type: Townhouse or Condo
- County: QUEENS
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. LOCATION, LOCATION LOCATION!!! Calling All Investors, Developers & End-Users!!! LOCATION, LOCATION, LOCATION!!! 2,400+ Sqft. Development Site With M1-1 Zoning For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong M1-1 Zoning, 6 Parking Spaces, High 10' Ceilings, Fenced Yard, All New LED Lighting, 200 Amp Power, A/C,+++!!! The Property Is Located In The Heart Of Long Island City 1 Block Off Northern Blvd.!!! The Property Is Situated Minutes From The Queensboro Bridge Near The Museum Of The Moving Image!!! Neighbors Include Starbucks, Mercedes-Benz, Honda, Yamaha, Hilton Hotels, Marriott Hotels, The Home Depot, P.C. Richard & Son, CubeSmart Self Storage, Best Buy, Walgreens, Dunkin', 7-Eleven, T-Mobile, Planet Fitness, Regal Cinemas, Marshall's, Applebee's Bar & Grill, Blink Fitness, YMCA, !!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. House: $42,000 Ann.; Lease Exp. 3/1/25. LL: $21,000 Ann. (Available) Pro Forma Gross Income: $63,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1,800 Ann. Insurance: $784 Ann. Taxes: $7,328 Ann. Total Expenses: $10,162 Ann. Pro Forma Net Operating Income (NOI): $50,788 Ann.
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