42-24 Crescent Street
Long Island City, Queens
Parcel ID (BBL): 4004240029
Owner: Ketan Patel
Acquired: February 21, 2024, $18.1 million
Debt: February 21, 2024, $11.7 million
Built: 2002
Renovated: 2003
SF: 31,500
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 7
Transactions:
• Ketan Patel and Prakashkumar Patel borrowed $11.7 million from Spring Bank for 42-24 Crescent Street, Long Island City, Queens on February 21, 2024.
• Young Jun Ahn, Daniel Chung Sung Ahn, Kwi-Won Y. Ahn and Ike Ahn sold 42-24 Crescent Street, Long Island City, Queens for $18.1 million to Ketan Patel and Prakashkumar Patel on February 21, 2024.
Development:
• Sam Chang filed new building job 401297306 for J-1 building with 73 apartments in Long Island City, Queens, on August 16, 2001.
• Ketan Patel filed alteration job Q01394000 for building in Long Island City, Queens, on April 28, 2026.
• Young Ahn filed alteration job Q00008431 for 64 sqft building with 81 apartments in Long Island City, Queens, on January 12, 2018.
• Young Ahn filed alteration job Q00008433 for 64 sqft building with 81 apartments in Long Island City, Queens, on January 12, 2018.
• Ankur Shah filed alteration job 410035242 for building in Long Island City, Queens, on December 12, 2007.
• Ankur Shah filed alteration job 410006540 for building in Long Island City, Queens, on September 21, 2007.
Violations:
According to city public data, the properties have received $1,875 in ECB penalties and $2,625 in OATH penalties in the last year.