| Primary address | 42-40 Crescent Street |
| Neighborhood | Hunters Point |
| Zip code | 11101 |
| Borough | Queens |
| Block & lot | 00429-0025 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 02/26/2026 |
| Purchase price | $3,700,000 |
| Tax class | Register |
| Lot sq. ft. | 2,250 |
| Lot dimensions | |
| Property type | Factory - Industrial Miscellaneous (F9)
|
| Building sqft | 5,000 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1916 |
| Year last altered | 2007 |
| Construction type | Register |
| School district | 30 |
| Community district | 2 |
| Closest police station | 0.89 Miles |
| Closest fire station | 0.60 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Factory - Industrial Miscellaneous (F9) located at 42-40 Crescent Street, Long Island City, NY 11101 has a total of 5,000 square feet and a current price per square foot of $740.
What is the year built & the current market value of 42-40 Crescent Street, Long Island City, NY 11101?42-40 Crescent Street, Long Island City, NY 11101 was built in 1916 and has a current tax assessor's market value of $481,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 01/30/2025 |
| Last updated | 01/30/2025 |
| Lot size | 0.052 Acre |
BLOCK / LOT: 429 / 25
LOT SIZE: 2,250 SF (22.5' x 100')
ZONING: M1 - 5 / R7 - 3, LIC
BUILDABLE: UP TO 13,500 SF
TAXES: 35 YEAR TAX EXEMPTION AVAILABLE (485-X)
Create a free account to view the complete sales history for 42-40 Crescent Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Sale date | Sale price | Buyer name | Seller name |
|---|---|---|---|
| 02/26/2026 | $3,700,000 | Register | Register |
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.
R: Recorded date
D: Document date
Access detailed property tax data for 42-40 Crescent Street, Long Island City, NY 11101. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $19,868 |
| Tax assessor's market value: | $481,000 |
| Assessed value: | $216,450 |
Here's the assessment & property tax history for 42-40 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 | $418,000 | $188,100 | $167,040 | 10.848% | $18,120 | $18,120 | +2.23% |
| 2024/25 | $393,000 | $176,850 | $164,700 | 10.762% | $17,725 | $17,725 | +2.78% |
| 2023/24 | $380,000 | $171,000 | $162,810 | 10.592% | $17,245 | $17,245 | +0.49% |
| 2022/23 | $363,000 | $163,350 | $161,190 | 10.646% | $17,160 | $17,160 | +17.41% |
| 2021/22 | $302,000 | $135,900 | $135,900 | 10.755% | $14,616 | $14,616 | -16.93% |
The complete history of permits filed for 42-40 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.
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.
Check out recently sold homes in Queens and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 4 (See more on map) |
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Distance to Subway
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| Closest station | Queens Plaza South & 27th St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-Q-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.089 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for 42-40 Crescent Street, Long Island City, NY 11101.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 42-38 27th St, Long Island City | 59,853 | 02/12/2025 | |
| 42-53 27th St, Long Island City | 07/26/2023 | $1,757,000 | |
| 42-25 21st St, Long Island City | 135,000 | 09/30/2020 | $369,300,000 |
| 42-39 Crescent St, Long Island City | 02/22/2017 | $34,390,294 | |
| 24-01 43rd Ave, Long Island City | 177,000 | 01/26/2022 | $40,100,000 |
| 21-01 43rd Ave, Long Island City | 18,250 | 09/01/2004 | $4,237,500 |
| 42-02 23rd St, Long Island City | 03/23/2016 | $20,333,333 | |
| 25-01 43rd Ave, Long Island City | 24,346 | 02/22/2017 | $34,390,294 |
| 42-22 22nd St, Long Island City | 80,000 | 09/30/2020 | $369,300,000 |
| 42-41 21st St, Long Island City | 3,500 | ||
| 23-02 42nd Rd, Long Island City | 3,000 | 01/01/2021 | |
| 22-05 43rd Ave, Long Island City | 11,200 | 09/03/1999 |
