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New Construction Flex Warehouse
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3921 Crescent St, Long Island City, NY 11101

New construction flex warehouse offering flexible divisions of 4,893 and 5,896 square feet with full HVAC.

Property Size4,893 SF
Days on Market8

Property Features for 3921 Crescent St

General Information

Standard status Active
Size 4,893 SF
Property subtype INDUSTRIAL
Listing Agency: Pinnacle Realty
Listed By: Daniel Tack
Source: Moodyscre
Added: Jul 23 Changed: Jul 25 Last Checked: Jul 30 at 12:26PM

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 Pinnacle Realty

Investment Insights

Based on property information with market context.

This newly constructed flex warehouse totals 10,789 square feet and can be divided into two flexible spaces: 4,893 square feet and 5,896 square feet. The building includes full HVAC to support year-round operations.

Anticipated delivery is Fall 2026, providing an upcoming timeframe for tenants planning an office/warehouse-style footprint.

The layout is designed to accommodate flexible tenancy sizes, with the ability to lease one side or both for larger requirements.

Key Highlights

  • New construction flex warehouse totaling 10,789 SF
  • Flexible divisions available: 4,893 SF and 5,896 SF
  • Full HVAC included

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Nursing Home Acupuncture Adult Day Care (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,288
Businesses Nearby
Balanced
Demand for This Use

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

Market

Lease Benchmarks for Long Island City, NY

$86.25 /SF/Yr
Avg Asking Price
$30–$141 /SF/Yr
Price Range
1,844 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

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  • Royal Delight Cafe - Coffee Shop, Sandwiches, Breakfast & Lunch Catering — 31-00 47th Ave, Long Island City, NY 11101
  • Arob's Homestyle LLC — 41-28 37th St, Queens, NY 11101
  • Brie on the Chisme — 41-28 37th St, Queens, NY 11101

Frequently Asked Questions

What type of property is this?
Flex space - New construction flex warehouse offering flexible divisions of 4,893 and 5,896 square feet with full HVAC.
Where is this flex space located?
The property is located at 3921 Crescent St Long Island City, NY.
What are key features of this property?
This property features: New construction flex warehouse totaling 10,789 SF; Flexible divisions available: 4,893 SF and 5,896 SF; Full HVAC included
(718) 371-6371 Call to check price and availability
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