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Residential Income Property with Two Bedrooms
For Sale
$1,520,000

42-60 Crescent Street 3-D, Queens, NY 11101

East-facing corner unit with two bedrooms and two baths, 11-foot ceilings, and in-unit washer/dryer in a 37-unit condo building.

Property Size1,191 SF
Price / SF$1,276
Days on Market94

Property Features for 42-60 Crescent Street 3-D

General Information

Standard status Active
Size 1,191 SF
Property subtype Apartment

Units

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

Additional Details

Public Transit Yes

Amenities

full time superintendent
fitness center
playroom
roof deck
library lounge
billiards room
bike storage
private storage
parking
Amazon package hub
in-unit washer/dryer

Building Details

Building Size 1,191 SF
Year Built 2015
Stories 10
Listing Agency: Nest Seekers LLC
Listed By: Shawn Avazeh
Source: Tricialee
Added: Apr 29 Changed: Jul 30 Last Checked: Jul 30 at 10:03AM

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 Nest Seekers LLC

Investment Insights

Based on property information with market context.

A two-bedroom, two-bath East-facing split corner residence offering 11-foot ceilings and a layout designed for both everyday living and entertaining. The home features exposed brick and newly installed wide-oak plank flooring throughout, with a chef’s kitchen built around fully vented cooking and a quartz island and countertops. The kitchen includes a suite of stainless-steel appliances, custom red oak cabinetry, and a double sink with a spring coiled pot filler. Both bedrooms are sized to accommodate king beds, and the primary suite includes a custom walk-in closet. Hunter Douglas blackout shades are installed throughout, and the bathrooms feature Grohe fixtures, floating vanities, and Venetian bronze finishes, with a deep soaking Kohler tub in the secondary bath. A dedicated laundry room includes an in-unit LG washer/dryer.

The residence is located in The Factory House, a boutique 10-story, 37-unit luxury condominium in the Court Square LIC area. Building amenities include a full-time superintendent, fitness center, playroom, roof deck, library lounge, billiards room, bike storage, private storage, parking, and an Amazon package hub.

Ownership benefits from a 421-A tax abatement in place through 2032. For transportation, the location provides easy access to the N, W, R, E, and M subway lines, as well as the 7 and G lines.

Key Highlights

  • East‑facing split corner residence with 11‑foot ceilings
  • Two bedrooms and two bathrooms with blackout shades throughout
  • 1191 SF home with newly installed wide‑oak plank flooring

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

Market

Average Price Trend$/SF for Residential income properties in Queens, NY

$549 Jan
$549 Feb
$547 Mar
Apr
May
$396 Jun

Properties on Market for Residential income properties in Queens

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - East-facing corner unit with two bedrooms and two baths, 11-foot ceilings, and in-unit washer/dryer in a 37-unit condo building.
Where is this residential income property located?
The property is located at 42-60 Crescent Street 3-D Queens, NY.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: East‑facing split corner residence with 11‑foot ceilings; Two bedrooms and two bathrooms with blackout shades throughout; 1191 SF home with newly installed wide‑oak plank flooring
More about this property
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