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38-32 Crescent St, Queens, NY 11101

Vacant development parcel with M1-2/R5D zoning and proposed mixed-use building capacity.

Property SizeContact for details
Days on Market142

Property Features for 38-32 Crescent St

General Information

Standard status Active
Property subtype Land
Listing Agency: Landair Advisors
Listed By: Alexandre Goulet · License #NY1324
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landair Advisors

Investment Insights

Based on property information with market context.

This 2,500-square-foot vacant development parcel at 38-32 Crescent Street is zoned M1-2/R5D. The proposed plan provides for a 7,500-square-foot mixed-use building with 6 residential units and 2,500 square feet of ground-floor commercial space. Demolition is complete, and plans can be filed after closing. The gently sloped lot measures 25 feet by 100 feet and retains all air rights.

The property sits on a wide street in a high-density residential area, approximately 0.4 miles from the 7, N, W, E, M, and R subway stops at Queens Plaza. Manhattan is accessible in under 10 minutes by subway, with Steinway Street, Jackson Boulevard, 36th Avenue, 30th Avenue, and Broadway nearby. The lot will be delivered vacant at closing.

Key Highlights

  • 2,500‑square‑foot development site with 25 feet of frontage and 100 feet of depth
  • M1‑2/R5D zoning supports a proposed 7,500‑square‑foot mixed‑use building
  • Proposed configuration includes 6 units and 2,500 square feet of ground‑floor commercial space

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Furniture & Home Goods Acupuncture Nursing Home Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,987
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant development parcel with M1-2/R5D zoning and proposed mixed-use building capacity.
Where is this commercial land located?
The property is located at 38-32 Crescent St Queens, NY.
What are key features of this property?
This property features: 2,500‑square‑foot development site with 25 feet of frontage and 100 feet of depth; M1‑2/R5D zoning supports a proposed 7,500‑square‑foot mixed‑use building; Proposed configuration includes 6 units and 2,500 square feet of ground‑floor commercial space
More about this property
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