42-40 Crescent St
Long Island City, NY 11101
Land For Sale · 0.05 AC

Located in the heart of Long Island City, this versatile industrial property offers a rare opportunity for both immediate use and long-term value creation. Ideal for an owner-user, the building provides functional space suitable for a variety of commercial operations. With favorable zoning and strong area fundamentals, the property also presents a compelling redevelopment angle—offering the potential to add residential condominiums above while maintaining ground floor retail or commercial use. This dual-use potential makes it an attractive asset for buyers looking to establish their business presence in LIC while capitalizing on future upside.