Office building with commercial space · Long Island City, Queens
37-02 Northern Boulevard
Long Island City, NY 11101
37-02 Northern Boulevard is a 6-floor office building with commercial space in Long Island City, Queens, built in 1919, with about 263,000 square feet of office space according to city records.
Also at 37-02 to 37-18 Northern Boulevard.
- Office space
- 263K SF
- Floors
- 6
- Year built
- 1919
- Zoning
- M1-5
The 11th largest of the 37 office buildings we track in Long Island City. Compare it with 6 neighbors
No space at 37-02 Northern Boulevard is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Long Island City and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 37-02 Northern Boulevard compares
Next to the 6 nearest large office buildings, all within a 8 minute walk, 37-02 Northern Boulevard is the largest by office floor area. It went up in 1919; the median neighbor dates from 1918. Its estimated property tax, about $6.60 a square foot of floor area before abatements, is above the neighbors' median of $5.78.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 37-02 Northern Boulevard | 263K SF | 6 | 1919 | $6.60 | Sep 2025, $42.8M |
| 34-01 38th Avenue | 213K SF | 4 | 1913 | $3.83 | n/a |
| 34-08 Northern Boulevard | 98K SF | 6 | 1921 | $6.82 | n/a |
| 36-46 33rd Street | 177K SF | 5 | 1916 | $6.13 | n/a |
| 33-00 Northern Boulevard | 220K SF | 8 | 1915 | $5.43 | n/a |
| 31-10 37th Avenue | 87K SF | 5 | 1930 | $3.96 | Aug 2005, $12M (2 lots) |
| 36-06 34th Avenue | 88K SF | 4 | 2018 | $6.80 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 37-02 to 37-18 Northern Boulevard
- ZIP code
- 11101
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 318,000 SF
- Commercial floor area
- 318,000 SF
- Office
- 262,550 SF
- Retail
- 10,000 SF
- Industrial and storage
- 45,450 SF
- Height
- 6 floors
- Average floor
- About 53,000 SF (floor area divided by floors)
- Year built
- 1919
- Last major alteration
- 2009
- Lot area
- 38,164 SF
- Zoning district
- M1-5
- Built FAR
- 8.33
- Max commercial FAR
- 5
- Tax lot (BBL)
- 4002140040
Nearest subway
- 36 St
- 39 Av-Dutch Kills
- 36 Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 12 storefronts at 37-02 Northern Boulevard for December 31, 2024, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.
- Storefronts registered for December 31, 2024
- 12
- Vacant that day
- 4
- Share vacant here
- 33.3%
- Share vacant across Long Island City
- 7.5%
- Share vacant along Northern Boulevard
- 6.6%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 37-02 Northern Boulevard? Listing it is free, and it is matched against every active requirement for retail space in Long Island City the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 3718 NORTHERN BLVD LLC as the owner of record. For tax year 2026/27 the city values 37-02 Northern Boulevard at $43.3 million and assesses it at $19.5 million. After phase-ins and exemptions its taxable value is $19.3 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $2.1 million a year before abatements, roughly $6.60 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- 3718 NORTHERN BLVD LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $43,306,000
- Land market value
- $4,198,000
- Assessed value
- $19,487,700
- Taxable value (phased in)
- $19,339,830
- Estimated yearly tax
- About $2.1 million
- Tax per SF of floor area
- About $6.60
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-03; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC property records (ACRIS)
Sales history
37-02 Northern Boulevard last sold in September 2025 for $42.8 million, according to the deed recorded with the city. RXR SMP OWNER LLC sold it to 3718 NORTHERN BLVD LLC. That comes to about $134 per square foot of floor area.
- Last sale (deed date)
- September 16, 2025
- Price
- $42,750,000
- Price per SF of floor area
- About $134
- Seller
- RXR SMP OWNER LLC
- Buyer
- 3718 NORTHERN BLVD LLC
- Deed recorded
- September 24, 2025
- ACRIS document
- 2025091800970001
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
37-02 Northern Boulevard reported an ENERGY STAR score of 69 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 70.2 kBtu per square foot, 24% below the national median of 92.8 for a similar property. Its greenhouse gas emissions were about 1,986 metric tons of CO2e (6.71 kg per square foot).
- ENERGY STAR score (2024)
- 69 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 70.2 kBtu/SF
- National median for the type
- 92.8 kBtu/SF
- Greenhouse gas emissions
- 1,986 t CO2e
- Emissions per SF
- 6.71 kg CO2e
- Floor area in the filing
- 299,802 SF
- ENERGY STAR certified
- 2012, 2018, 2022, 2023, 2024
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 37-02 Northern Boulevard. In the last two years, interior work was permitted on 5 floors (floors 1 to 5 and the basement). The newest build-out, on floor 1 and the roof, was first permitted in August 2026 (mechanical; filed cost estimate $20,000).
- New jobs, last 12 months
- 3
- Initial permits, last 12 months
- 3
- Newest job first permitted
- August 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 5, basement
Recent build-outs
New jobs by year
Build-outs across Long Island CityWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Office space nearby in Long Island City
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
Before you sign
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Questions about 37-02 Northern Boulevard
How big is 37-02 Northern Boulevard?
37-02 Northern Boulevard has about 318,000 square feet of floor area in total, including 263,000 square feet of office, 10,000 square feet of retail and 45,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 37-02 Northern Boulevard built?
City records list 1919 as the year built, with a major alteration recorded in 2009. The building is 6 floors tall.
What other addresses does 37-02 Northern Boulevard have?
City records list 37-02 to 37-18 Northern Boulevard on the same tax lot (BBL 4002140040) as 37-02 Northern Boulevard. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 37-02 Northern Boulevard?
37-02 Northern Boulevard is in ZIP code 11101, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 37-02 Northern Boulevard, Long Island City, NY 11101.
What is the zoning at 37-02 Northern Boulevard?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.33 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 37-02 Northern Boulevard?
The closest subway station to 37-02 Northern Boulevard is 36 St (the M and R trains), about 950 feet away in a straight line, roughly 4 minutes on foot. Also nearby: 39 Av-Dutch Kills (the N and W trains), 8 min walk; 36 Av (the N and W trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 37-02 Northern Boulevard?
The NYC Department of Finance's 2026/27 assessment roll lists 3718 NORTHERN BLVD LLC as the owner of record of 37-02 Northern Boulevard (BBL 4002140040). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 37-02 Northern Boulevard last sold?
37-02 Northern Boulevard last sold in September 2025 for $42.8 million, according to the deed recorded with the city. RXR SMP OWNER LLC sold it to 3718 NORTHERN BLVD LLC. That comes to about $134 per square foot of floor area. The deed is ACRIS document 2025091800970001 (BBL 4002140040) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
What is the energy grade of 37-02 Northern Boulevard?
37-02 Northern Boulevard reported an ENERGY STAR score of 69 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 69 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 70.2 kBtu per square foot, 24% below the national median of 92.8 for a similar property. Its greenhouse gas emissions were about 1,986 metric tons of CO2e (6.71 kg per square foot).
Is there construction at 37-02 Northern Boulevard?
In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 37-02 Northern Boulevard. In the last two years, interior work was permitted on 5 floors (floors 1 to 5 and the basement). The newest build-out, on floor 1 and the roof, was first permitted in August 2026 (mechanical; filed cost estimate $20,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4002140040. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 37-02 Northern Boulevard?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $19.3 million for 37-02 Northern Boulevard. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.1 million a year, roughly $6.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002140040 show the actual bill.
What is the assessed value of 37-02 Northern Boulevard?
For tax year 2026/27, the NYC Department of Finance puts the market value of 37-02 Northern Boulevard at $43.3 million ($4.2 million of it land) and its assessed value at $19.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($41.9 million) to 2026/27.
Are there vacant storefronts at 37-02 Northern Boulevard?
Owners registered 12 storefronts at 37-02 Northern Boulevard for December 31, 2024, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 37-02 Northern Boulevard?
No space at 37-02 Northern Boulevard is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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