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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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42-39 Crescent Street, Long Island City, NY 11101 1
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Address

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

Sales & Tax Overview for 42-39 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 02/22/2017
Purchase price $34,390,294
Tax class
Estimated property tax $112,364

Lot & Building Information for 42-39 Crescent Street, Long Island City

Lot sqft 11,866
Lot dimensions 139.6 ft x 85 ft
Building class Zoned Commercial or Manhattan Residential (V1) i
Status
Status date
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Zoning & Use for 42-39 Crescent Street, Long Island City

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 30
Community district 2
Closest police station 0.88 Miles
Closest fire station 0.61 Miles

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

Other Property Data for 42-39 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 42-39 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 42-39 Crescent Street, Long Island City, NY 11101, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 42-39 Crescent Street, Long Island City

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

The current market value is $2,706,000.

Ownership Information for 42-39 Crescent Street, Long Island City

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Property owner name for 42-39 Crescent Street, Long Island City, NY 11101
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Building contacts for 42-39 Crescent Street, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 42-39 Crescent Street, Long Island City

Create a free account to view the complete sales history for 42-39 Crescent Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/22/2017 $34,390,294
08/25/2016 $12,543,374
10/10/2007 $1,260,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 42-39 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
09/22/2025 - D
09/24/2025 - R
Zoning Lot Description
(2025092201113001)
07/16/2025 - D
09/15/2025 - R
Certificate
(2025081100117001)
07/11/2025 - D
09/15/2025 - R
Development Rights
(2025081100117003)
07/11/2025 - D
09/15/2025 - R
Declaration
(2025081100117002)
06/10/2025 - D
09/15/2025 - R
Subordination of Mortgage
(2025081100117005)
04/29/2025 - D
09/15/2025 - R
Subordination of Mortgage
(2025081100117004)
03/26/2024 - R Initial UCC1
(2024031200009004)
03/05/2024 - D
03/26/2024 - R
Mortgage
(2024031200009003)
02/09/2024 - D
03/26/2024 - R
Termination of Assign of L&R
(2024031200009002)
02/09/2024 - D
03/26/2024 - R
Satisfaction of Mortgage
(2024031200009001)
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R: Recorded date
D: Document date

Property Taxes for 42-39 Crescent Street, Long Island City

Access detailed property tax data for 42-39 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: $101,947
Estimated property tax: $112,364
Tax assessor's market value: $2,706,000
Assessed value: $1,217,700

Assessment History for 42-39 Crescent Street, Long Island City

Here's the assessment & property tax history for 42-39 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 $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%

Permits for 42-39 Crescent Street, Long Island City

The complete history of permits filed for 42-39 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
11/11/2025 Alteration
08/22/2025 Alteration
06/11/2024 Alteration
03/20/2024 Alteration
03/20/2024 Alteration
12/18/2023 New building
10/06/2023 Alteration type 3
10/06/2023 Alteration type 3
09/07/2021 Alteration
09/07/2021 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 Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% 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) 0.088
View subway map
Bus Routes
Name Queensboro Br up Ry
Line X68
Distance (miles) 0.043

Neighbors for 42-39 Crescent Street, Long Island City

Here are the neighbors for 42-39 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
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
42-72 Hunter St, Long Island City 2,734
42-40 Crescent St, Long Island City 5,000 09/02/1999
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
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