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3939 Crescent St - 39-39 Crescent Street - Boutique Dutch Kills 0.06 Acres of Residential Land Offered at $1,800,000 in Long Island City, NY 11101



INVESTMENT HIGHLIGHTS
- Flexible M1-2/R5D, LIC zoning allowing residential, mixed use, or community facility development.
- Delivered vacant—ideal for immediate redevelopment.
- Surrounded by new residential and commercial projects in a rapidly growing neighborhood.
- 2,523 SF lot with approximately 5,046 buildable SF.
- Excellent access to multiple subway lines and major transportation hubs.
EXECUTIVE SUMMARY
39-39 Crescent Street is an exceptional development opportunity located in the heart of Dutch Kills—one of Queens’ most vibrant and rapidly transforming neighborhoods. Spanning a 2,523 SF lot within an M1-2/R5D, LIC zoning district, the property offers a total buildable area of approximately 5,046 SF, ideal for residential, mixed-use, or community facility development.
The site is currently improved by an immaculate, recently gut renovated, 1,750 SF single-family building and will be delivered vacant at closing, providing a seamless path for immediate redevelopment. Situated just moments from multiple subway lines and major transportation hubs, the property offers excellent accessibility to Manhattan, Brooklyn, and the surrounding boroughs.
It’s prime location, flexible zoning, and strong market fundamentals make 39-39 Crescent Street a compelling opportunity for investors and developers looking to capitalize on the continued growth of Long Island City.
The site is currently improved by an immaculate, recently gut renovated, 1,750 SF single-family building and will be delivered vacant at closing, providing a seamless path for immediate redevelopment. Situated just moments from multiple subway lines and major transportation hubs, the property offers excellent accessibility to Manhattan, Brooklyn, and the surrounding boroughs.
It’s prime location, flexible zoning, and strong market fundamentals make 39-39 Crescent Street a compelling opportunity for investors and developers looking to capitalize on the continued growth of Long Island City.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,800,000 | Lot Size | 0.06 AC |
| Price Per AC | $30,000,000.00 |
| Price | $1,800,000 |
| Price Per AC | $30,000,000.00 |
| Lot Size | 0.06 AC |
The property offers a total buildable area of approximately 5,046 SF, ideal for residential, mixed-use, or community facility development.
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
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3939 Crescent St - 39-39 Crescent Street - Boutique Dutch Kills
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