$3,900,000

4240 Crescent St , Long Island City, NY 11101

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:0
Year Built:--
Listing Status:Active

Listing Agent

Dean Abouelhassan
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

42-40 Crescent Street - This offering presents a rare opportunity to develop a residential project in one of Queen's most sought-after submarkets. The Property consists of a 2,250 square foot midblock lot with dimensions of 22.42 feet by 100 feet. Zoned M1-5/R7-3, the site allows for up to 11,250 square feet of residential floor area. The site also benefits from waived parking requirements due to its location within a Transit Zone. The surrounding area is characterized by newly built condominium buildings, with few remaining development sites available. Long Island City remains a high-demand market for new residential inventory, with condominium sellouts projected to exceed $1,300 per square foot.

Detailed Items

Other Information

4240 Crescent St, Long Island City, NY, 11101 is a land listing of 0 sqft on a lot of 0. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property4240 Crescent St, Long Island City, NY
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