38-17 Crescent St Long Island City, NY 11101
- Warehouses
- 9,800 SF
Current Use by Public Records
- Warehouses
Property Details for 38-17 Crescent St
- Property size
- 9,800 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 9,800-square-foot industrial property in Long Island City, Queens offers a unique blend of warehouse and office space. The building features a 5,500-square-foot ground floor warehouse, ideal for storage and distribution, complemented by 4,300 square feet of executive office space on the second floor. The warehouse boasts impressive 13-foot ceiling heights, gas heat, a wet sprinkler system, and ample power (400 amps). Two convenient loading docks ensure efficient operations. Situated on a 5,500-square-foot lot, this property benefits from its strategic location in Long Island City, just blocks from the 59th Street Bridge, providing easy access to major roadways including the Long Island Expressway (LIE), the Brooklyn-Queens Expressway (BQE), the Midtown Tunnel, and the Triborough Bridge. Public transportation is also readily available, with multiple subway lines (7, N, W, and F) less than half a mile away. The property is zoned M1-2, R5B, and LIC, offering flexibility for various uses. Asking price is $4,550,000 ($464.29 per square foot). The property is currently vacant, presenting an immediate opportunity for occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Long Island City
- County
- Queens
- State
- New York
- Longitude
- -73.9408
- Latitude
- 40.7505
