New York City  »  11101  »  Crescent St  »  4239 Crescent St

42-39 Crescent Street, Long Island City, NY 11101 - Property report

Also known as: 42-39 Crescent St

Property image for 42-39 Crescent Street, Long Island City, NY 11101
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

11,866

Sale price

$34,390,294

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
42-39 Crescent Street
ZIP code
11101
Neighborhood
Hunters Point
Borough
Queens
Block & lot
00430-0007

Owner

Find out who owns 42-39 Crescent Street, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
02/22/2017
Sale price
$34,390,294 - M
Tax
Tax year
2026-2027
Property tax
$112,365
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
139.6 ft x 85 ft
Lot sq. ft.
11,866

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
30
Community district
2
Closest police station
0.88 Miles
Closest fire station
0.61 Miles

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

Ownership

Ownership information for 42-39 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
Documents

Sales history for 42-39 Crescent Street, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
02/22/2017 $34,390,294 XXXXX XXX XXXX XXXXXX XX, XXX XXXXXXXXX XXXX. XXX XXXXX XXX XXXX XXXXXX, XXX XXX XXXXX XXXX XXXXXX XXXXXXXXXX XXX
08/25/2016 $12,543,374 XXXXX XX XXXXX XXXXXXXX X X. XXXXX XXX XXXX XXXXXX, XXX
10/10/2007 $1,260,000 XXXXX XXX XXXX XXXXXX, XXX XXXXX XXXXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/24/2025 - R
09/22/2025 - D		 Zoning Lot Description
(2025092201113001)		 XXXXXXX XXXXX XXXXXXXXX XXXXXXX
09/15/2025 - R
07/16/2025 - D		 Certificate
(2025081100117001)		 XXXXXXXXX XXXXXX XXX
09/15/2025 - R
07/11/2025 - D		 Development Rights
(2025081100117003)		 XX XXX XXXXXX XXX XXXXX XX XXXXX XXXXXXXX X X
09/15/2025 - R
07/11/2025 - D		 Declaration
(2025081100117002)		 XXXXX XX XXXXX XXXXXXXX X X XX XXX XXXXXX XXX
09/15/2025 - R
06/10/2025 - D		 Subordination of Mortgage
(2025081100117005)		 XXXXXXXXXXXXX XXXX XX XXXXXXX XX XXX XXXXXX XXX
09/15/2025 - R
04/29/2025 - D		 Subordination of Mortgage
(2025081100117004)		 XXXXX XXXX XX XXX XXXXXX XXX
03/26/2024 - R Initial UCC1
(2024031200009004)		 XXXXX XX XXXXX XXXXXXXX X X XXXXXXXXXXXXX XXXX XX XXXXXXX
03/26/2024 - R
03/05/2024 - D		 Mortgage
(2024031200009003)		 XXXXX XX XXXXX XXXXXXXX X X XXXXXXXXXXXXX XXXX XX XXXXXXX
03/26/2024 - R
02/09/2024 - D		 Termination of Assign of L&R
(2024031200009002)		 XXXXX XX XXXXX XXXXXXXX X X XXXXXXXXXXXXX XXXX XX XXXXXXX
03/26/2024 - R
02/09/2024 - D		 Satisfaction of Mortgage
(2024031200009001)		 XXXXX XX XXXXX XXXXXXXX X X XXXXXXXXXXXXX XXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 42-39 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
$112,365
Municipal exemptions
Recent tax assessments
Market value
$2,572,000
Assessed value
$1,157,400

More about New York City property taxes

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 $2,706,000 $1,217,700 $939,780 10.848% $101,947 $101,947 +15.66%
2024/25 $2,250,000 $1,012,500 $819,000 10.762% $88,141 $88,141 +417.12%
2023/24 $485,000 $218,250 $160,920 10.592% $17,045 $17,045 +15.67%
2022/23 $373,000 $167,850 $138,420 10.646% $14,736 $14,736 +15.16%
2021/22 $324,000 $145,800 $118,976 10.755% $12,796 $12,796 +17.79%
2020/21 $324,000 $145,800 $101,587 10.694% $10,864 $10,864 +25.37%
2019/20 $282,000 $126,900 $82,236 10.537% $8,665 $8,665 +24.97%
2018/19 $235,000 $105,750 $65,947 10.514% $6,934 $6,934 +22.98%
2017/18 $156,960 $70,632 $53,623 10.514% $5,638 $5,638 +8.92%
2016/17 $130,800 $58,860 $48,950 10.574% $5,176 $5,176 +4.78%
Permits

Permit information for 42-39 Crescent Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
05/05/2026 New building
03/26/2026 New building
03/26/2026 New building
11/11/2025 Alteration
08/22/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/13/2011 Lblvio-low pressure boiler
12/31/2009 Lblvio-low pressure boiler
06/07/1994 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

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
4

Subway & traffic

Closest station
Queens Plaza South & 27th St at SW Corner
Station lines
N-Q-7
Distance (miles)
0.088
View subway map

Access the detailed traffic volume map for 42-39 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

Neighbors for 42-39 Crescent Street, Long Island City, NY

42-38 27th St, Long Island City 42-53 27th St, Long Island City 42-25 21st St, Long Island City 24-01 43rd Ave, Long Island City 21-01 43rd Ave, Long Island City 42-02 23rd St, Long Island City 25-01 43rd Ave, Long Island City 42-72 Hunter St, Long Island City 42-40 Crescent St, Long Island City 42-22 22nd St, Long Island City 42-41 21st St, Long Island City 23-02 42nd Rd, Long Island City

Nearby ZIP codes for 42-39 Crescent Street, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the market value of 42-39 Crescent Street, Long Island City, NY 11101?

The current market value of 42-39 Crescent Street, Long Island City, NY 11101 is $2,572,000.

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