42-40 Crescent St Long Island City, NY 11101

Listing agency Landair Property Advisors a*@landairnyc.com Show Phone

Listed by Dean Abouelhassan Show Phone

Source Moodyscre

Added: May 30, 2025 Updated: Jul 21 at 12:30AM Checked: Jul 21 at 6:33AM

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Investment Insights

Based on property information with market context.

The property is an industrial land parcel totaling 2,250 square feet, zoned M1-5/R7-3. An as-of-right development allowance of 11,250 BSF is available, and the site will be delivered vacant.

The parcel is located near the Court Sq / 23rd St and Queensboro Plaza subway stop, with parking requirements waived.

Per the provided information, the surrounding area includes condo buildings with sellouts exceeding $1,500 per square foot.

Key Highlights

• 2,250 SF lot zoned M1‑5/R7‑3
• As‑of‑right allowance of 11,250 BSF
• Delivered vacant

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FAQs

What type of property is this?

Industrial land - Vacant industrial land with M1-5/R7-3 zoning and an as-of-right allowance of 11,250 BSF.

Where is this industrial land located?

The property is located at 42-40 Crescent St Long Island City, NY.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: 2,250 SF lot zoned M1‑5/R7‑3; As‑of‑right allowance of 11,250 BSF; Delivered vacant