Queens  »  11101  »  12th St  »  3740 12th St

37-40 12th Street, Long Island City, NY 11101 - Property report

Also known as: 37-45 11th St

Property image for 37-40 12th Street, Long Island City, NY 11101
static Mapbox map

Property type

All Parking Garages (G1)

Year built

1953

Lot sq. ft.

12,200

Sale price

$6,887,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
37-40 12th Street
Alternate address(es)
11-01 - 11-19 38th Ave
37-38 - 37-48 12th St
37-45 11th St
ZIP code
11101
Neighborhood
LIC
Borough
Queens
Block & lot
00361-0001

Owner

Find out who owns 37-40 12th Street, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
All Parking Garages (G1)
Building sq. ft.
11,500
Building dimensions
100 ft x 185 ft
Buildings on lot
1
Stories
1
Year built
1953
Building material
Sales
Sale date
05/05/2016
Sale price
$6,887,000
Tax
Tax year
2026-2027
Property tax
$45,067
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.09 ft x 185.21 ft
Lot sq. ft.
12,200

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
30
Community district
1
Closest police station
0.92 Miles
Closest fire station
0.08 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 37-40 12th Street, Long Island City, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 37-40 12th Street, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
05/05/2016 $6,887,000 XXXXX XXX XXXXXX XXXXXX XXX
01/01/2006 $900,000 XXXXXX XXXXXX XXX XXXXXXX, XXXXX
12/22/2005 $1 XXXXXXX, XXXXX XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/23/2017 - R UCC3 Termination
(2017032300068001)		 XXXXXX XXXX XXXXXX XXXX XXXXX XXXX XX XXXX XXXXXX
08/02/2016 - R UCC3 Continuation
(2016080200064001)		 XXXXXX XXXX XXXXXX XXXX XXXXX XXXX XX XXXX XXXXXX
05/13/2016 - R
05/05/2016 - D		 Deed
(2016051000579002)		 XXXXXX XXXXXX XXX XXXXX XXX
05/13/2016 - R
05/05/2016 - D		 Release
(2016051000579001)		 XXXXXX XXXXXX XXX XXXXXX XX XXXXX XXXXXXX
11/23/2011 - R Initial UCC1
(2011112300937001)		 XXXXXX XXXX XXXXXX XXX X XXXXX XXXX XX XXXX XXXXXX
06/19/2006 - R
01/01/2006 - D		 Mortgage
(2006061300556002)		 XXXXXX XXXXXX XXX XXXXXXX XXXXX
06/19/2006 - R
01/01/2006 - D		 Deed
(2006061300556001)		 XXXXXXX XXXXX XXXXXX XXXXXX XXX
02/22/2006 - R
12/22/2005 - D		 Lien of Common Charges
(2006021302218005)		 XXXXXX XXXXX XXXXXXXX XXXX XXXXXXX XXXXX
02/22/2006 - R
12/22/2005 - D		 Lien of Common Charges
(2006021302218004)		 XXXXXXX XXXXX XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/22/2006 - R
12/22/2005 - D		 Deed
(2006021302218003)		 XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX XXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 37-40 12th Street, Long Island City, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$45,067
Municipal exemptions
Recent tax assessments
Market value
$1,007,000
Assessed value
$453,150

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $911,000 $409,950 $391,140 10.848% $42,431 $42,431 +1.05%
2024/25 $867,000 $390,150 $390,150 10.762% $41,988 $41,988 -4.95%
2023/24 $962,000 $432,900 $417,060 10.592% $44,175 $44,175 +6.11%
2022/23 $869,000 $391,050 $391,050 10.646% $41,631 $41,631 +16.72%
2021/22 $737,000 $331,650 $331,650 10.755% $35,669 $35,669 -16.13%
2020/21 $1,093,000 $491,850 $397,710 10.694% $42,531 $42,531 +13.48%
2019/20 $973,000 $437,850 $355,680 10.537% $37,478 $37,478 +10.42%
2018/19 $853,000 $383,850 $322,830 10.514% $33,942 $33,942 +7.33%
2017/18 $790,000 $355,500 $300,780 10.514% $31,624 $31,624 +4.17%
2016/17 $710,000 $319,500 $287,100 10.574% $30,358 $30,358 +1.13%
Permits

Permit information for 37-40 12th Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
07/02/2018 Alteration type 2
06/25/2018 Alteration
06/19/2018 Alteration type 3
01/10/2017 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
21st St & 41st Ave at NE Corner
Station lines
F
Distance (miles)
0.29
View subway map

Access the detailed traffic volume map for 37-40 12th Street, Long Island City, NY 11101 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 37-40 12th Street, Long Island City, NY

37-15 11th St, Long Island City 10-02 37th Ave, Long Island City 37-31 10th St, Long Island City 37-29 11th St, Long Island City 37-23 11th St, Long Island City 11-16 37th Ave, Long Island City 37-11 10th St, Long Island City 37-26 10th St, Long Island City 37-22 10th St, Long Island City 37-16 12th St, Long Island City 37-14 12th St, Long Island City 37-10 11th St, Long Island City 11-02 37th Ave, Long Island City 37-12 11th St, Long Island City 37-14 11th St, Long Island City 37-33 11th St, Long Island City 37-27 11th St, Long Island City 37-36 10th St, Long Island City 37-32 10th St, Long Island City 11-20 37th Ave, Long Island City

Nearby ZIP codes for 37-40 12th Street, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 37-40 12th Street, Long Island City, NY 11101?

The development at 37-40 12th Street, Long Island City, NY 11101 was built in 1953.

What is the total square footage of 37-40 12th Street, Long Island City, NY 11101?

37-40 12th Street, Long Island City, NY 11101 has a total of 11,500 square feet.

When was 37-40 12th Street, Long Island City, NY 11101 last sold and what was the sale price?

37-40 12th Street, Long Island City, NY 11101 was last sold on 05/05/2016 for $6,887,000.

What is the assessed value of 37-40 12th Street, Long Island City, NY 11101?

37-40 12th Street, Long Island City, NY 11101 is currently assessed at $453,150.

What are the property taxes for 37-40 12th Street, Long Island City, NY 11101?

The property taxes for 37-40 12th Street, Long Island City, NY 11101 total $45,066.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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