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42-15 Crescent Street, Long Island City, NY 11101 Property Information

42-15 Crescent Street, Long Island City, NY 11101 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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42-15 Crescent Street, Long Island City, NY 11101 1
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Address

Primary address 42-15 Crescent Street
Secondary address 42-05 Crescent St
Neighborhood Hunters Point
Zip code 11101
Borough Queens
Block & lot 00423-0005

Sales & Tax Overview for 42-15 Crescent Street, Long Island City

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/17/2016
Purchase price $70,000,000
Tax class
Estimated property tax $1,287,635

Lot & Building Information for 42-15 Crescent Street, Long Island City

Lot sqft 12,750
Lot dimensions 150 ft x 85 ft
Building class Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 110,743
Building dimensions 150 ft x 49.42 ft
Buildings on lot 1
Stories 11
Year built 1955
Year last altered 2014
Construction type
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Zoning & Use for 42-15 Crescent Street, Long Island City

Zoning
Residential units (DOF) 124
Commercial units 5
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 30
Community district 2
Closest police station 0.82 Miles
Closest fire station 0.64 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 42-15 Crescent Street, Long Island City

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 42-15 Crescent Street, Long Island City, NY 11101, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 42-15 Crescent Street, Long Island City, NY 11101, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 42-05 Crescent St, Long Island City, NY 11101

About 42-15 Crescent Street, Long Island City

How many sq. ft. does 42-15 Crescent Street, Long Island City, NY 11101 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 42-15 Crescent Street, Long Island City, NY 11101 has a total of 110,743 square feet and a current price per square foot of $632.

What is the year built & the current market value of 42-15 Crescent Street, Long Island City, NY 11101?

42-15 Crescent Street, Long Island City, NY 11101 was built in 1955 and has a current tax assessor's market value of $24,004,000.

How many commercial spaces does this building have?

This building has 5 commercial spaces available for lease.

Ownership Information for 42-15 Crescent Street, Long Island City

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Property owner name for 42-15 Crescent Street, Long Island City, NY 11101
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Building contacts for 42-15 Crescent Street, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 42-15 Crescent Street, Long Island City

Create a free account to view the complete sales history for 42-15 Crescent Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/17/2016 $70,000,000
12/21/2012 $19,000,000
       
       
       
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Title Documents for 42-15 Crescent Street, Long Island City

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/06/2026 - R Initial UCC1
(2026050401139006)
04/24/2026 - D
05/06/2026 - R
Assignment of Leases and Rents
(2026050401139005)
04/24/2026 - D
05/06/2026 - R
Agreement
(2026050401139004)
04/24/2026 - D
05/06/2026 - R
Mortgage
(2026050401139003)
04/24/2026 - D
05/06/2026 - R
Assignment, Mortgage
(2026050401139002)
04/23/2026 - D
05/06/2026 - R
Termination of Assign of L&R
(2026050401139001)
04/07/2016 - R UCC3 Termination
(2016032200472003)
04/07/2016 - R UCC3 Termination
(2016032200472002)
04/07/2016 - R UCC3 Termination
(2016032200472001)
03/17/2016 - D
04/07/2016 - R
Assignment of Leases and Rents
(2016032200472012)
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R: Recorded date
D: Document date

Property Taxes for 42-15 Crescent Street, Long Island City

Access detailed property tax data for 42-15 Crescent Street, Long Island City, NY 11101. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,234,447
Estimated property tax: $1,287,635
Tax assessor's market value: $24,004,000
Assessed value: $10,801,800

Assessment History for 42-15 Crescent Street, Long Island City

Here's the assessment & property tax history for 42-15 Crescent Street, Long Island City, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $24,004,000 $10,801,800 $9,924,006 12.439% $1,234,447 $1,234,447 +5.12%
2024/25 $20,877,000 $9,394,650 $9,394,650 12.5% $1,174,331 $1,174,331 -1.03%
2023/24 $21,091,000 $9,490,950 $9,490,950 12.502% $1,186,559 $1,186,559 -1.60%
2022/23 $26,537,000 $11,941,650 $9,830,460 12.267% $1,205,903 $1,205,903 +8.53%
2021/22 $22,306,000 $10,037,700 $9,081,385 12.235% $1,111,107 $1,111,107 +0.03%

Permits for 42-15 Crescent Street, Long Island City

The complete history of permits filed for 42-15 Crescent Street, Long Island City, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/20/2026 Alteration
09/22/2025 Alteration
09/22/2025 Alteration
07/16/2024 Alteration
07/15/2024 Alteration
05/07/2024 Alteration
10/10/2022 Alteration
09/19/2022 Alteration
05/09/2022 Alteration
03/01/2022 Alteration
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$432
0.2% YoY
Median Price/Sqft Q4/2025
$447
9.4% YoY
Median Price/Sqft 2025
$440
7% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Queens Plaza South & 27th St at SW Corner
Station lines N-Q-7
Distance (miles) 0.025
View subway map
Bus Routes
Name Queens Plz S/24 St
Distance (miles) 0.057

Neighbors for 42-15 Crescent Street, Long Island City

Here are the neighbors for 42-15 Crescent Street, Long Island City, NY 11101.

Address Square feet Purchase date Purchase price
25-02 Queens Plz S, Long Island City 3,077 12/28/2001
42-20 27th St, Long Island City 141,077 06/02/2015 $39,000,000
27-02 Queens Plz S, Long Island City 12,400 03/28/2003
42-12 28th St, Long Island City 475,485 03/11/2019 $335,000,000
27-03 42nd Rd, Long Island City 137,771 06/02/2023
41-21 29th St, Long Island City 3,500 06/04/2021
22-15 43rd Ave, Long Island City 61,460 12/12/1986
29-28 41st Ave, Long Island City 96,456 11/12/2019 $47,000,000
28-07 Jackson Ave, Long Island City 1,143,631 06/30/2016 $10,735,751
24-02 Queens Plz S, Long Island City 74,105 08/22/2023 $49,000,000
42-14 Crescent St, Long Island City 42,301 10/29/2001
23-01 42nd Rd, Long Island City 390,824 11/29/2018 $284,000,000
23-10 Queens Plz S, Long Island City 108,000 11/20/2019 $27,500,000
42-02 23rd St, Long Island City 03/23/2016 $20,333,333
27-14 Queens Plz S, Long Island City 6,240 05/31/2013
22-05 43rd Ave, Long Island City 11,200 09/03/1999
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