38-40 Crescent St

38-40 Crescent St , Long Island City, New York, 11101 | 5,000 sq.f | $ 3,500,000

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About This Restaurant

Investment Highlights

MINUTES FROM MANHATTAN! ? 2,500 SF RESTAURANT/BAR ? CORNER PROPERTY! ? 2,500 SF FULL COMMISSARY KITCHEN ? 140 PERSON CAPACITY

Executive Summary

? SIZE: 5,000 SF? BLOCK: 388 LOT: 28? ZONING: M1-2/R5D? TAXES: $49,334

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    5,000
  • Building Class    C
  • Year Built/Renovated    1985/2014
  • Price    3,500,000
  • Price Per SF    700
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Slab To Slab    10?
  • Building FAR    1.91
  • Land Acres    0.06 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.

Amenities

  • Signalized Intersection

Nearby Amenities & Transportation

Retail Wingstop
Retail Bank of America
Retail Powerhouse Gym
Retail Planet Fitness
Retail Checkers
Retail Starbucks
Retail Chase Bank
Retail Trader Joe's
Retail Citi
Retail Citizens Bank

Property Taxes

Parcel Number 00388-0028 Improvements Assessment $92,700
Land Assessment $370,710 Total Assessment $463,410
Date Created: 2024-07-16 04:18:02 Last Updated: 2024-07-16 04:18:02
Address: 38-40 Crescent St , Long Island City, New York, 11101