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Leasing Launches at Dutch Kills Luxury Rentals
Crescent Iron House, a new luxury rental building located at 25-08 40th Ave. in Long Island City, has launched leasing. The five-story development will bring 23 studio- to two-bedroom homes, along with two ground-floor retail units, to LIC’s Dutch Kills neighborhood.
Queens-based brokerage firm Modern Spaces is handling the marketing and leasing for the property, where monthly rent will range from $2,300 to $4,500. The project is being developed by Crescent Owners LLC.
“Formerly an industrial area, the Dutch Kills micro-neighborhood has seen a major development boom since its rezoning in 2008,” said Gregory Kyroglou at Modern Spaces. “With its unique blend of retail and residential spaces, Crescent Iron House will certainly add color to the up-and-coming streetscape.”
Modern Spaces’ Alex Giannikas added, “With the surge in new food, retail and cultural venues, many young professionals and couples are flocking to live in the Dutch Kills neighborhood.”
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- ◦Development
