38-36 Crescent St, Queens, NY 11101

This exceptional 7,000-square-foot warehouse in Long Island City, Queens presents a unique investment opportunity. The property boasts a total plot size of 5,000 square feet, encompassing a 2,500-square-foot ground floor warehouse, 2,000 square feet of Class "A" offices, and a 2,500-square-foot high-ceiling basement. An additional 2,500 square feet of land is dedicated to parking and yard space. The building features 14-foot ceilings in the warehouse, a convenient drive-in door, and gas heat. A significant advantage is the inclusion of a Use Group 17 Certificate of Occupancy. The property is zoned M1-2 / R5D / LIC, offering a Floor Area Ratio (FAR) of 2.0 as-of-right and 4.8 for a commercial facility. Block and lot are 388/26. Taxes are $43,150 annually. A turn-key renovation was completed in 2023. This prime location offers easy access to New York City. This property is ideal for a variety of industrial and commercial uses.