48-11 37th Street, New York City, NY 11101

Rare 3-Story Single-Family Home Private Garage Development Potential Steps to 7 Train

Welcome to 48-11 37th Street, Long Island City a rarely available, freestanding three-story home offering 2, 718 sq ft of living space, a full basement, and a detached private garage, all on a generous 4, 000 sq ft lot with outdoor space.

Built in 1900 and lovingly maintained, this home offers timeless character with the space and privacy that’s hard to come by in NYC. Steps from the 7 train at 33 StRawson St, with direct service to Grand Central and Times Square putting Midtown Manhattan around 30 minutes away.

Key features:
2, 718 sq ft across three floors
Full basement ideal for storage, gym, or recreation
Detached private garage
4, 000 sq ft lot with outdoor space (40 ft 100 ft)
Low annual property taxes: $5, 510
~30 min to Midtown

Development potential:
The home currently uses 2, 720 sq ft of the 6, 000 sq ft the zoning allows meaning there’s room to add up to 3, 280 sq ft of additional space without needing a zoning variance
R5 zoning with a residential FAR of 1.25
Located within a federally designated Opportunity Zone potential tax advantages for investors and developers
A turnkey home today with serious upside for tomorrow

3D Tour Upon Request