Officials say his 21-year-old female passenger sustained chest and leg injuries. She was taken to Flushing Hospital.
The driver was taken into police custody and is being questioned on suspicion of drunk driving.
Eyewitness News is told he was driving his passenger home from a nearby karaoke club at the time of the crash.
Police closed several lanes of Northern Boulevard while the Buildings Department responded to assess the structural integrity of the building.
The 80-year-old theater's lobby and the grand foyer were designated as interior landmarks by the city Landmarks Preservation Commission in 1984.
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