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3906 Crescent St

10,400 SF 57% Leased Industrial Building Long Island City, NY 11101 $4,500,000 ($433/SF)

Warehouses New York Long Island City 3906 Crescent St, Long Island City, NY 11101

Investment Highlights

  • Two-story commercial / industrial building.
  • 14ft-17ft Ceiling heights.
  • Apprx. 10,000 SF air rights for future development.
  • Two curb-cuts and legal garage for 12 vehicles.
  • Certificate of occupancy permits Garage, Storage, Factory, Showroom and Office.
  • Prime Dutch Kills, Long Island City, 3-blocks from Queensboro Plaza.

Executive Summary

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 39-06 Crescent Street, in Long Island City, Queens (the "Property"). The Property is a prime commercial asset with incredible optionality, investor and user potential. In its current configuration, the Property is a two-story warehouse (plus mezzanine) and garage occupied by two full-floor commercial tenants. The Certificate of Occupancy allows for garage, warehouse, storage, showroom and office uses. The Property is located on the west side of Crescent Street just off 39th Avenue in Dutch Kills, three blocks from Queensboro Plaza.

Attachments

39-06 Crescent Street_Setup-LR

Property Facts

Price $4,500,000 No. Stories 2
Price Per SF $433 Year Built 1945
Sale Type Investment or Owner User Parking Ratio 1.15/1,000 SF
Property Type Industrial Clear Ceiling Height 14 FT
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • OfficeLoft Creative Space
 No. Dock-High Doors/Loading 1
Building Class C No. Drive In / Grade-Level Doors 2
Lot Size 0.11 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area 10,400 SF
Price $4,500,000
Price Per SF $433
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.11 AC
Rentable Building Area 10,400 SF
No. Stories 2
Year Built 1945
Parking Ratio 1.15/1,000 SF
Clear Ceiling Height 14 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Mezzanine

Links

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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 00395-0022
  • 00395-0023
 Improvements Assessment $496,951
Land Assessment $70,612 Total Assessment $567,563

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00395-0022
  • 00395-0023
Land Assessment
$70,612
Improvements Assessment
$496,951
Total Assessment
$567,563

zoning

Zoning Code M1-2/R5D, LIC (M1-2/R5D, Special Long Island City Mixed Use District)
M1-2/R5D, LIC (M1-2/R5D, Special Long Island City Mixed Use District)
(646) 933-2677

  • Listing ID: 33297607

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 3906 Crescent St, Long Island City, NY 11101

More public record information on 3906 Crescent St, Long Island City, NY 11101

The Industrial Property at 3906 Crescent St, Long Island City, NY 11101 is currently available For Sale. Contact B6 Real Estate Advisors LLC for more information.

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3906 Crescent St
(646) 933-2677 x

3906 Crescent St

Alex Woodlief

(646) 933-2677

(646) 933-2677

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