31-77 37th Street, Astoria, NY 11103 - Photo 1

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$15,950,000

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Active
Commercial

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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

Full Property Details

Full Property Details for 31-77 37th St

General

Price: $15,950,000
Taxes: $26,238
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 864885
Updated: 5/20/2025
Added to Site: 245 day(s) ago

Parking

Parking Features: Garage, Storage, Private

Location

County: Queens
Cross Streets: Broadway

School Information

High School District: Queens 30
Elementary School: Ps 166 Henry Gradstein
Middle School: Albert Shanker Sch-Visual/Perf Arts
High School: William Cullen Bryant High School

Heating & Cooling

Central air: Yes
Cooling Type: Central Air, Ductwork
Heating Type: Forced Air, See Remarks

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement
Building Size: 13796
Square Feet: 13,796
Year Built: 2016

Lot Features

Lot Size (Sq. Ft.): 10,000
Fence: Yes
Lot Features: Near Public Transit, Near Shops
Zoning: R6B
Fencing (Description): Back Yard

Financial Considerations

Tax Amount: $26,238

Disclosures and Reports

Special Conditions: None
Property ID: 00657-0012
Block: 657
Lot Number: 12

Listed by Blue Brick Real Estate

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Schools

Schools serving 31-77 37th St

School District:New York City Geographic School District 30

Name	Grades	Distance
Ps 166 Henry Gradstein 33-09 35th Ave, Queens, NY 11106	K-5	0.4 mi
Albert Shanker School For Visual And Performing Ar 31-51 21st St, Queens, NY 11106	6-8	0.7 mi
William Cullen Bryant High School 48-10 31st Ave, Queens, NY 11103	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31-77 37th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/20/2025

Listed

$15,950,000

293.83%

MLS

12/20/2013

Sold

$4,050,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 31-77 37th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$15,075

—

$1,096,200

-2%

2024

$15,077

—

$1,122,300

-12%

2023

$15,077

2%

$1,274,400

19%

2022

$14,794

—

$1,070,100

1%

2021

$14,794

-2%

$1,057,950

1%

2020

$15,042

—

$1,045,350

2%

2019

$15,042

19%

$1,028,700

4%

2017

$12,680

—

$990,000

339%

2017

$12,680

-1%

$225,450

10%

2016

$12,752

-8%

$204,750

37%

2015

$13,829

20%

$149,850

3%

2014

$11,548

10%

$144,900

11%

2013

$10,544

—

$130,500

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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31-77 37th Street, Astoria, NY 11103 (MLS# 864885) is a Commercial property. 31-77 37th Street is currently listed for $15,950,000 and was received on May 20, 2025. Want to learn more about 31-77 37th Street? Do you have questions about finding other Commercial real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

31-77 37th St Astoria, NY 11103