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Three-Bedroom Residential Income Property
For Sale
$1,875,000

42-60 Crescent Street 7-E, Queens, NY 11101

Condominium residence with an open kitchen, private balcony, and access to full-service building amenities.

Property Size1,317 SF
Price / SF$1,423
Days on Market40

Property Features for 42-60 Crescent Street 7-E

General Information

Standard status Active
Size 1,317 SF
Property subtype Apartment

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,107

Amenities

virtual doorman
intercom system
fitness room
resident lounge
children's playroom
outdoor deck

Building Details

Building Size 1,317 SF
Year Built 2015
Listing Agency: Modern Spaces
Listed By: Alexis Yoo
Source: Miradorrealestate
Added: Jul 7 Changed: Aug 14 Last Checked: Aug 14 at 12:29PM

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 Modern Spaces

Investment Insights

Based on property information with market context.

Residence 7E is a three-bedroom, two-bathroom condominium with a functional open-concept layout. The kitchen includes extensive cabinetry, ample work surfaces, and a deep double sink. Natural light enters from the northwestern exposure, while the living room opens to a private balcony. The primary suite accommodates a king-sized bed and includes a walk-in closet with balcony access. The additional bedrooms can serve guests or a home office.

Factory House provides a virtual doorman, intercom system, fitness room, resident lounge, children's playroom, and an outdoor deck with patio seating and BBQ grills. The building is located in the Court Square neighborhood of Long Island City, near eight subway lines: the 7, N, W, E, M, R, F, and G.

Trader Joe's, Target, restaurants, cafes, and waterfront parks are nearby, including Gantry Plaza State Park. The property also carries a 421a tax abatement.

Key Highlights

  • Three‑bedroom, two‑bathroom condominium residence
  • Open kitchen with extensive cabinetry, generous counters, and a deep double sink
  • Private balcony access from the living area and primary suite

Property Analytics

Current Use

Crescent Hills Cleaners (Bike/Boat/Book/etc) Store Factory House Condominium Complex Softbite | Soufflé Pancakes Cafe & Coffee Shop Chercher Floral (Bike/Boat/Book/etc) Store

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.

Lease Details

1
Residential units

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?
Residential income property - Condominium residence with an open kitchen, private balcony, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 42-60 Crescent Street 7-E Queens, NY.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom condominium residence; Open kitchen with extensive cabinetry, generous counters, and a deep double sink; Private balcony access from the living area and primary suite
More about this property
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