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31-77 37th Street, Astoria, NY 11103

$15,950,000

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BEDS0 BATHS MLS#864885

STATUSActive PROPERTY TYPECommercial - SCHOOLQueens 30

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Property Description

Welcome to Broadway 37, a 27 unit luxury rental building completed in 2017. This well-maintained brick building, perfectly situated just off Broadway, offers an ideal investment for those seeking a prime location and high rental potential. With its proximity to two subway lines (M/R & N/W), tenants will enjoy easy access to transportation, making this property highly desirable. The building features an elevator for added convenience, along with garage parking, a rare find in the city. Additionally, a laundry room and storage units enhance the building's appeal and value. Outdoor amenities include a fenced-in backyard with landscaping and two BBQs, providing a private outdoor space for tenants to enjoy. The furnished roof deck offers panoramic views, adding to the building's allure. Consisting of one to three-bedroom units, each designed with luxury finishes and modern amenities, this building offers a lucrative investment opportunity. Two penthouse units add prestige and premium rental income potential. There is a 15 year tax abatement in place., Building Size:50x100

31-77 37th Street | MLS# 864885

This commercial property located at 31-77 37th Street, Astoria, NY 11103 is currently listed for sale with an asking price of $15,950,000. 31-77 37th Street is located within the Queens 30 school district. Search Astoria real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Yes

Basement: Finished, Full

Cooling: Central Air, Ductwork

Heating: Forced Air, See Remarks

Lot Size: 0.23 Acres

Taxes: $26,238

Year Built: 2016

Feature Descriptions

Building Area Total: 13796

Days on Site: 293

Exterior: Brick

Fencing: Back Yard

Lot Features: Near Public Transit, Near Shops

On Market Date: 2025-05-20

Parcel Number: 00657-0012

Parking Features: Garage, Storage, Private

Property Attached Y/N: 1

Rental Term: Monthly

Separate Gas Meters: 1

Sewer: Public Sewer

Units: 27

Utilities: Cable Connected, Electricity Connected

Water: Public

Local Schools

High School: William Cullen Bryant High School

Middle School: Albert Shanker Sch-Visual/Perf Arts

Elementary School: Ps 166 Henry Gradstein

School District: Queens 30

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31-77 37th Street, Astoria, NY 11103

Property Description

31-77 37th Street | MLS# 864885

Property Features

Feature Descriptions

Local Schools

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31-77 37th Street, Astoria, NY 11103

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