43-05 Crescent Street

Long Island City, Queens

Parcel ID (BBL): 4004340008

Acris records

Owner: Fbl Development

Acquired: March 29, 2023, $10 million

Debt: June 26, 2024, $25.1 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 0

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Transactions:

FBL Development borrowed $25.1 million from Ponce Bank for 43-05/43-11 Crescent Street, Long Island City, Queens on June 26, 2024.

Weitao Shi and Yong Chen borrowed $6 million from Ponce Bank for 43-05 Crescent Street, Long Island City, Queens on March 29, 2023.

Antranig Uckardes sold 43-05 Crescent Street, Long Island City, Queens for $10 million to Weitao Shi and Yong Chen on March 29, 2023.

Development:

Weitao Shi filed new building job Q00889396 for 26,913 sqft R-2 building with 39 apartments in Long Island City, Queens, on July 10, 2023.

• Jarek Iwanczul filed major alteration job 420982226 for 3,462 sqft B building with 1 apartments in Long Island City, Queens, on March 18, 2015.

Yong Chen filed alteration job Q01341699 for 26,846 sqft building with 39 apartments in Long Island City, Queens, on January 27, 2026.

Yong Chen filed alteration job Q01286120 for 1 sqft R-2 building with 38 apartments in Long Island City, Queens, on October 02, 2025.

Yong Chen filed alteration job Q01184673 for 26,846 sqft building with 39 apartments in Long Island City, Queens, on June 24, 2025.

Yong Chen filed alteration job Q01184669 for 1 sqft building with 39 apartments in Long Island City, Queens, on March 25, 2025.

Weitao Shi filed alteration job Q01013716 for 810 sqft building with 2 apartments in Long Island City, Queens, on March 06, 2024.

Condominium:

• Weitao Shi filed plans CD250223 on July 15, 2025 for 41-unit condominium called Icon Condominium at 25-08 43rd Avenue.

Violations:

According to city public data, the properties have received $67,400 in ECB penalties and $67,750 in OATH penalties in the last year.

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