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$1,799,999
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Property Description
Prime mixed-use/investment opportunity in the heart of Jackson Heights! Situated on highly desirable Broadway and 72nd Street, this well-maintained commercial building offers exceptional visibility and foot traffic in one of Queens' most vibrant business corridors. The property features a 24' x 100' lot (approximately 2,400 sq. ft.) and benefits from strong R6 zoning, presenting both immediate income and future development potential. The building is occupied by reliable, long-term tenants with a strong payment history, providing stable cash flow for investors. Conveniently located near major subway lines, bus routes, shopping, restaurants, schools, and other neighborhood amenities, this is a rare opportunity for both end-users and investors seeking a prime location with upside potential. Whether you're looking to expand your portfolio, establish your own business presence, or capitalize on future redevelopment opportunities, this Broadway corridor property checks all the boxes. Don't miss this exceptional investment in one of Queens' most sought-after commercial districts.
Full Property Details
Full Property Details for 37-42 72nd St
General
- Price: $1,799,999
- Taxes: $8,287
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1017185
- Updated: 6/23/2026
- Added to Site: 18 day(s) ago
Business
- Business Type: Variety
Location
- County: Queens
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 2044
- Square Feet: 2,044
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.0551
- Lot Size (Sq. Ft.): 2,400
- Zoning: R6
Financial Considerations
- Tax Amount: $8,287.32
Disclosures and Reports
- Special Conditions: None
- Property ID: 01282-0136
Listed by LJ Realty Team Inc
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Schools
Schools serving 37-42 72nd St
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 69 Jackson Heights 77-02 37th Ave, Queens, NY 11372 | PK-5 | 0.3 mi |
Ps 222 Fire Fighter Christopher A Santora School 86-15 37th Ave, Queens, NY 11372 | PK-2 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37-42 72nd St
Date
Details
Price
Change
Source
6/23/2026
Listed
$1,799,999
—
MLS
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 37-42 72nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,492
—
$44,813
6%
2025
$8,492
—
$42,280
-38%
2024
$8,492
4%
$68,640
69%
2023
$8,179
5%
$40,721
-25%
2022
$7,802
-1%
$54,180
3%
2021
$7,859
5%
$52,560
-17%
2020
$7,458
—
$63,360
-5%
2019
$7,458
14%
$66,720
97%
2017
$6,526
—
$33,934
6%
2017
$6,526
5%
$32,014
3%
2016
$6,221
8%
$31,120
6%
2015
$5,741
2%
$29,361
—
2015
$5,625
23%
$29,361
4%
2013
$4,564
—
$28,279
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37-42 72nd St
3742 72nd Street, Jackson Heights, NY 11372 (MLS# 1017185) is a Commercial property. 3742 72nd Street is currently listed for $1,799,999 and was received on June 23, 2026. Want to learn more about 3742 72nd Street? Do you have questions about finding other Commercial real estate for sale in Jackson Heights? You can browse all Jackson Heights real estate or contact a Coldwell Banker agent to request more information.

