Queens  »  11101  »  Crescent St  »  4025 Crescent St

40-25 Crescent Street, Long Island City, NY 11101 - Property report

Also known as: 40-22 27th St

Property image for 40-25 Crescent Street, Long Island City, NY 11101
static Mapbox map

Property type

Factory - Industrial Miscellaneous (F9)

Year built

1957

Lot sq. ft.

45,200

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
40-25 Crescent Street
Alternate address(es)
40-21 - 40-31 Crescent St
40-22 - 40-28 27th St
40-30 27th St
ZIP code
11101
Neighborhood
LIC
Borough
Queens
Block & lot
00406-0012

Owner

Find out who owns 40-25 Crescent Street, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Factory - Industrial Miscellaneous (F9)
Building sq. ft.
23,840
Building dimensions
250 ft x 100 ft
Buildings on lot
4
Stories
1
Year built
1957
Last altered
2002
Building material
Tax
Tax year
2026-2027
Property tax
$183,890
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
254.5 ft x 200.25 ft
Lot sq. ft.
45,200

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
30
Community district
1
Closest police station
0.66 Miles
Closest fire station
0.45 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 40-25 Crescent Street, Long Island City, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 40-25 Crescent Street, Long Island City, NY 11101

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/12/2023 - R
04/10/2023 - D
Zoning Lot Description
(2023041200180002)
XXXXXXXX XXXXXX XXXXXXXXXX XXX
04/12/2023 - R
03/23/2023 - D
Certificate
(2023041200180001)
XXXXX XXXXXXXX XX XXX XXXX XXX
06/04/2018 - R
05/22/2018 - D
Mortgage
(2018052501043003)
XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXX XXXX XX
06/04/2018 - R
05/02/2018 - D
Satisfaction of Mortgage
(2018052501043002)
XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXXX
07/21/2006 - R
04/14/2006 - D
Certificate
(2006071100952010)
XXX XXXXXXXXXX XX XXXXXXX
06/11/2002 - R Satisfaction of Mortgage
(4790008758979)
XXXXXXXXX XXXXXX (XXXX) XXXXXXXXX XXXX XX
06/11/2002 - R Mortgage
(4640008758964)
XXXXXXXX XX XXXXX XXXXXXXXX XXXXX
06/11/2002 - R
05/13/2002 - D
Deed
(4560008758956)
XXXXXXXXX XXXXXX XXXXXXXX XXXXXX XXXXX
06/04/2018 - R
09/26/2000 - D
Power of Attorney
(2018052501043001)
XXXXXXXXX XXXXX XXXXXXXXX XXXXXX
10/29/1984 - R Mortgage
(4490002052749)
XXXXXXXXX XXXXXX XXXXXXXXX XXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40-25 Crescent Street, Long Island City, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$183,890
Municipal exemptions
Recent tax assessments
Market value
$4,016,000
Assessed value
$1,807,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $4,017,000 $1,807,650 $1,579,590 10.848% $181,869 $171,354 +8.02%
2024/25 $3,921,000 $1,764,450 $1,474,020 10.762% $172,543 $158,634 +10.88%
2023/24 $3,885,000 $1,748,250 $1,350,720 10.592% $160,180 $143,068 +12.05%
2022/23 $3,714,000 $1,671,300 $1,199,340 10.646% $148,320 $127,682 +12.94%
2021/22 $3,091,000 $1,390,950 $1,051,200 10.755% $137,381 $113,057 +11.55%
2020/21 $3,203,000 $1,441,350 $947,700 10.694% $128,989 $101,347 +16.47%
2019/20 $2,910,000 $1,309,500 $825,840 10.537% $117,659 $87,019 +15.38%
2018/19 $2,562,000 $1,152,900 $717,300 10.514% $109,388 $75,417 +6.68%
2017/18 $2,427,000 $1,092,150 $672,390 10.514% $106,426 $70,695 +5.79%
2016/17 $2,300,000 $1,035,000 $631,980 10.574% $104,492 $66,826 +4.00%

Permit information for 40-25 Crescent Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
06/15/2026 Alteration
06/04/2026 Full demolition
06/04/2026 Full demolition
06/04/2026 Full demolition
03/17/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
07/21/2021 Aeuhaz1-fail to certify class 1 none
10/14/2020 Aeuhaz1-fail to certify class 1
10/14/2020 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Queens Plaza North & 27th St at NW Corner
Station lines
N-Q-7
Distance (miles)
0.156

Access the detailed traffic volume map for 40-25 Crescent Street, Long Island City, NY 11101 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 40-25 Crescent Street, Long Island City, NY 11101?

The development at 40-25 Crescent Street, Long Island City, NY 11101 was built in 1957.

What is the market value of 40-25 Crescent Street, Long Island City, NY 11101?

The current market value of 40-25 Crescent Street, Long Island City, NY 11101 is $4,016,000.

What is the total square footage of 40-25 Crescent Street, Long Island City, NY 11101?

40-25 Crescent Street, Long Island City, NY 11101 has a total of 23,840 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account