42-24 CRESCENT STREET
42-24 CRESCENT STREET is a Class H3 (hotel) building in Queens (BBL 4004240029) built in 2002, with 1 residential unit across 7 floors.
The building is in NYC community district 402, council district 26, zoning district M1-5/R7-3, on a 4,500-square-foot lot with a building footprint of 31,500 square feet.
The current registered owner of record per NYC PLUTO is CRESCENT HOTEL REALTY LLC.
The most recent ACRIS deed transfer for this BBL was recorded on February 8, 2024 when DAN'S GLOBAL HOTELS, LLC conveyed the property to CRESCENT HOTEL REALTY LLC for $18.14M. The transaction was financed with a $11.70M mortgage from Spring Bank.
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
HPD registered contacts
- Head OfficerKetan Patel
- Corporate OwnerCRESCENT HOTEL REALTY LLC
- Site ManagerIan Galloway
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- M1-5/R7-3
- Lot size:
- 4,500 sqft
- Building area:
- 31,500 sqft
- Floors:
- 7
- Assessed value:
- $3.8M
- Community district:
- 402
- Council district:
- 26
HPD violations
Recent HPD violation details
- Class IInspected Nov 29, 2024§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class AInspected Apr 12, 2024(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class IInspected Nov 22, 2023§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class AInspected Mar 27, 2023(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class IInspected Nov 15, 2022§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
Recent ACRIS activity
Frequently asked questions about 42-24 CRESCENT STREET
Who owns 42-24 CRESCENT STREET?
The current registered owner of record for 42-24 CRESCENT STREET per NYC PLUTO is CRESCENT HOTEL REALTY LLC. The most recent ACRIS deed transfer for this BBL was recorded on February 8, 2024 when the property was conveyed to CRESCENT HOTEL REALTY LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 42-24 CRESCENT STREET last sold?
The most recent ACRIS deed transfer for 42-24 CRESCENT STREET was recorded on February 8, 2024, when DAN'S GLOBAL HOTELS, LLC conveyed the property to CRESCENT HOTEL REALTY LLC for $18.14M. The transaction was financed with a $11.70M mortgage from Spring Bank.
How many HPD violations does 42-24 CRESCENT STREET have?
No open HPD housing-maintenance code violations are on record for 42-24 CRESCENT STREET as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 42-24 CRESCENT STREET?
NYC Department of Finance assesses 42-24 CRESCENT STREET at $3.78M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 42-24 CRESCENT STREET and what does that mean?
42-24 CRESCENT STREET is NYC building class H3 — Hotel. Hotel. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.