3832 Crescent St Queens, NY 11101

This exceptional 2,504 square foot development site in Long Island City's desirable Dutch Kills neighborhood presents a unique investment opportunity. Located at 3832 Crescent Street, this 25' wide lot is zoned M1-2/R5D, LIC, allowing for the construction of a substantial mixed-use or residential building. Permitted development includes a 5,000 square foot residential building or a 7,500 square foot mixed-use structure. Currently used for equipment storage, the property can be delivered vacant at closing. A convenient curb cut is already in place, simplifying parking provision during construction. The site enjoys excellent transit access, with the Queensboro Plaza subway station (5 lines) providing quick access to Manhattan in under 10 minutes. The vibrant surrounding area boasts numerous bars, restaurants, and attractions, enhancing the appeal for future residents. This prime location and flexible zoning make this a compelling opportunity for developers seeking a high-return project in a rapidly growing area. The asking price is $1,500,000.