Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
42-60 Crescent Street #7E
Interested in this property?
Active For Sale Condo

$1,875,000

$1,424 per sq ft

42-60 Crescent Street #7E

Long Island City, Queens

MLS® #RLS20102141

RLS at REBNY

Listing by Modern Spaces

Open House Scheduled

Sunday, July 12 • 11:30 AM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3

Bedrooms

2

Baths

1,317

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,317 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $1,058.21/mo
Property Taxes $2,107.92/yr
Parking Garage
Neighborhood Long Island City
Floor 7 of 10

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full
Floor 7 of 10
View City
Exposure North,West
Cooling Other
Pets Yes
Cross Street 41st Avenue/Queens Plaza North
Year Built 2015
Living Area 1,317 sq ft
Parking Garage Available
Structure Type None
Block/Lot 0429/7501

Listing History

Event Date Price Change
Listed Jul 7, 2026 $1,875,000 -
Currently Jul 8, 2026 $1,875,000 -

Description

Introducing Residence 7E, a spacious and thoughtfully designed three-bedroom, two-bathroom home filled with natural light from its northwestern exposure and open views. The expansive open-concept kitchen features abundant cabinetry, generous counter space, and a deep double sink—perfect for everyday living and entertaining. The well-proportioned living area offers direct access to the private balcony, creating a bright and inviting space to relax and unwind. The spacious primary suite comfortably accommodates a king-sized bed and features a generous walk-in closet with direct balcony access. Two additional bedrooms provide flexibility for guests or a dedicated home office, while two full bathrooms complete this highly functional layout. Built in 2016, Factory House is a boutique condominium in the vibrant Court Square neighborhood of Long Island City. With a 421a tax abatement still effect, monthly common charges and taxes total just under $1,250—offering exceptionally low carrying costs for a 3-bed condominium. Building amenities include: - virtual doorman and intercom system, - fitness room - resident lounge - children’s playroom, and - outdoor deck furnished with patio seating and BBQ grills Ideally located near eight subway lines—the 7, N, W, E, M, R, F, and G—Factory House offers convenient access to Manhattan and Brooklyn. Trader Joe’s, Target, acclaimed restaurants, cafés, and scenic waterfront parks, including Gantry Plaza State Park with its breathtaking views of the Manhattan skyline, are all nearby. Some photos have been virtually staged.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit New Windows

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,058.21/mo
RE Taxes $2,107.92/yr ($176/mo)

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

Long Island City Live Market Data

View Neighborhood

Active Listings

171

Median Asking Price

$1.09M

Median $/Sqft

$1,555

Avg Days on Market

N/A

New This Week

3

Price Reduced

25%

Sold (30 Days)

6

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 7/7/26, 8:26 PM EST

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Location

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42-60 Crescent Street #7E, Long Island City, Queens County • Near 41st Avenue/Queens Plaza North

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2014
Year Built
12 years old
10
Floors
37
Residential Units
M1-5/R7-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,870,277
Land Value: $415,347
Exemptions: $3,750,473

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 9,230 SF
Building Area: 54,974 SF
Built FAR: 5.96
Allowed FAR: 5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,058.21 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,107.92, or roughly $176 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,317 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2015, making it approximately 11 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,875,000 for 1,317 sq ft, the asking price per square foot is approximately $1,424. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20102141
First Listed: 7/7/2026
On Market: 7/7/2026
Price Changed: 7/7/2026
Contract Date: 6/23/2026

Listing Courtesy of Modern Spaces - Alexis Yoo

Listing Contact: (917) 364-8383

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/8/2026 at 12:26 AM UTC

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