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.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Rise
Year Built: 2017
Listing Office:
Office Name: Blue Brick Real Estate
Office Phone: (718) 614-8349
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 35
Total Bedroom Count: 37
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Private, Garage
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Located on 37th St between Broadway & 31st Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $18,000,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $17.1M more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3581444
Listing Office:
Office Name: Blue Brick Real Estate
Office Phone: (718) 614-8349
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/21/2024, 9:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$89.9K
Per Month
Principal & Interest
$89.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$54K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 166 Henry Gradstein School
3309 35th Ave
Distance between this listing and this school0.22 miles
Public District Grades KG-5
7
/10
P.S. 70 Queens
3045 42nd St
Distance between this listing and this school0.52 miles
Public Magnet Grades PK-5
3
/10
P.S. 112 Dutch Kills School
2505 37th Ave
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Nearby Schools
8
/10
Our World Neighborhood Charter School
3612 35th Ave
Distance between this listing and this school0.16 miles
Public Charter Grades KG-8
7
/10
I.S. 10 Horace Greeley School
4511 31st Ave
Distance between this listing and this school0.52 miles
Public District Grades 6-8
5
/10
I.S. 204 Oliver W. Holmes School
3641 28th St
Distance between this listing and this school0.56 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Frank Sinatra School of the Arts High School
3512 35th Ave
Distance between this listing and this school0.18 miles
Public District Grades 8-12
7
/10
Baccalaureate School for Global Education
3412 36th Ave
Distance between this listing and this school0.31 miles
Public District Grades 7-12
5
/10
Energy Tech High School
3641 28th St
Distance between this listing and this school0.56 miles
The neighbors living near this home have an average income of $62,202. The majority of New York, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 31-77 37th St in Astoria, NY and zip code 11103 in the Northwestern Queens neighborhood. This home, which was built in 2017, sits on a 0.11 acre lot. Features: 37 bedrooms, 36 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $18,000,000.
Over 269 listings were sold over their listed price in October 2024 in New York, NY. In the same period over 833 listings were sold below the listed price and 850 listings were sold for the listed price. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Art Museums
Art Museums
Music Concerts
Tennis
Bloomingdales
H&M
Crate & Barrel
Starbucks
Chipotle
Jack In The Box
Audi
Volkswagen
BMW
News
Rhythmic Contemporary Hits
Jazz