NOT LISTED FOR SALE

3502 37th Ave Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $38,223,180

-- Bed
-- Bath
80,200 Sq Ft
$477/Sq Ft Est. Value

About This Home

This home is located at 3502 37th Ave, Long Island City, NY 11101 and is currently estimated at $38,223,180, approximately $476 per square foot. 3502 37th Ave is a home located in Queens County with nearby schools including P.S. 166Q The Henry Gradstein School, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
The Collective Paper Factory Llc
Bought by
37-06 36Th Street Holdings Llc
Current Estimated Value
$38,223,180

Purchase Details

Closed on
Mar 18, 2019
Sold by
Three Seven Hotel Llc and Mavrides %
Bought by
The Collective Paper Factory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,817,198
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2015
Sold by
37Th Avenue Holdings Llc
Bought by
Three Seven Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,275,401
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2012
Sold by
R Realty Llc
Bought by
37Th Avenue Holdings Llc

Purchase Details

Closed on
Jun 24, 2002
Sold by
R & R Realty Co
Bought by
R Realty
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
37-06 36Th Street Holdings Llc $35,662,187 --
The Collective Paper Factory Llc $58,000,000 --
Three Seven Hotel Llc -- --
37Th Avenue Holdings Llc $10,000,000 --
R Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Collective Paper Factory Llc $14,817,198
Previous Owner Three Seven Hotel Llc $20,275,401
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $690,384 $6,374,970 $1,080,000 $5,294,970
2024 $206,092 $6,517,980 $1,008,000 $5,509,980
2023 $671,443 $6,339,150 $936,000 $5,403,150
2022 $170,682 $5,807,250 $1,080,000 $4,727,250
2021 $166,884 $5,649,750 $1,080,000 $4,569,750
2020 $269,774 $7,885,350 $720,000 $7,165,350
2019 $237,644 $6,950,250 $720,000 $6,230,250
2018 $653,478 $6,215,313 $625,500 $5,589,813
2017 $587,113 $5,584,107 $531,000 $5,053,107
2016 $528,830 $5,584,107 $531,000 $5,053,107
2015 $37,918 $4,470,471 $342,000 $4,128,471
2014 $37,918 $1,664,563 $247,500 $1,417,063
Source: Public Records

Map

New York Queens County Long Island City 11101 Long Island City

3502 37th Ave, Long Island City, NY

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