Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
42-60 CRESCENT Street #PH10C
Interested in this property?
Active For Sale Condo

$2,695,000

$1,838 per sq ft

42-60 CRESCENT Street #PH10C

Long Island City, Queens

Factory House

MLS® #RLS20085457

RLS at REBNY

Listing by Corcoran Group

Open House Scheduled

Sunday, June 7 • 1:00 PM – 2:00 PM

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

3

Bedrooms

2

Baths

1,466

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,466 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,382/mo
Property Taxes Contact for details
Neighborhood Long Island City
Floor 10 of 10

Property Highlights

  • Views: Bridges, City, Panoramic
  • Outdoor Space: Terrace
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 2 Full
Floor 10 of 10
View Bridges, City, Panoramic
Cooling Other
Pets Yes
Year Built 2016
Living Area 1,466 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00429/1038

Listing History

Event Date Price Change
Listed Apr 20, 2026 $2,800,000 -
Currently Jun 5, 2026 $2,695,000 -3.8%

Description

Deeded parking space available for separate purchase.
Residence includes a private storage unit.
Tax abatement until June 2032!

Perched on the top floor of Factory House - where the entire 10th floor is shared by only two residences - this exceptional 3-bedroom, 2-bathroom penthouse offers a rare combination of luxury, privacy, and panoramic skyline views. Spanning 1,466 square feet of interior living space and a professionally landscaped 1,332-square-foot private rooftop terrace with unobstructed Manhattan skyline views, this is urban living at its most refined.

Gut-renovated in 2022, every detail of this home was thoughtfully considered. Soaring ceilings and double-pane windows throughout frame sweeping southern and eastern exposures over Long Island City - filling the space with natural light.

The custom-designed open kitchen is a showpiece: high-end wood cabinetry, Italian marble countertops and backsplash sourced from ABC Stone (protected by Tuffskin film for effortless maintenance), and a striking Italian waterfall glass chandelier imported directly from Italy. Appliances are top-of-the-line, including a Miele dishwasher, Viking electric cooktop, Viking wall oven, Viking double-door refrigerator, and a large stainless steel sink with garbage disposal. A reverse-osmosis, high-pH water filtration system and Moen brushed gold fixtures complete the space. The primary bedroom includes a spacious walk-in closet and an en-suite bathroom. Additional conveniences include an in-unit washer/dryer, a dedicated storage room, and deeded in-building parking and storage available for purchase. Fully renovated bathrooms feature luxury marble-patterned tile, marble-top vanities, fog-proof mirrors, brushed gold showerheads, and glass shower doors.

Accessible exclusively from within the apartment, the 1,332-square-foot rooftop terrace is a true retreat above the city. Professionally landscaped and thoughtfully designed for four-season enjoyment, it features custom teak planters with seasonal blooms, a wisteria-covered pergola for natural shade, installed glass panels for wind protection, and automatic lighting and irrigation systems - so you get all the pleasure of a private garden with virtually none of the upkeep. Elegant Pottery Barn outdoor furnishings are included in the sale. Whether you're hosting friends, letting pets roam, or simply unwinding, this terrace functions as an extension of your living space.

Factory House is a pet-friendly building offering a fitness center, children's playroom, library lounge, and a shared resident terrace. Situated at the heart of Long Island City, the building is less than a five-minute walk to the 7, N, W, R, E, M, and G trains - connecting you to the rest of the city with ease. The neighborhood is safe, vibrant, and walkable, with an array of popular restaurants, cafes, and grocery options just steps away, nestled between the Queensboro Plaza and Court Square stations.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Bike Storage Common Playroom

Appliances

Dishwasher

Building Information

Building Factory House
Building Data View Compliance & Permits
Total Units 37
Stories 10
Structure HighRise

Financial Details

Common Charges $1,382/mo
RE Taxes Contact for details
Original Price $2,800,000
Previous Price $2,800,000

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

183

Median Asking Price

$1.19M

Median $/Sqft

$1,541

Avg Days on Market

N/A

New This Week

6

Price Reduced

22%

Sold (30 Days)

7

Median Sale Price

$1.13M

Live data from RLS at REBNY • Updated 6/4/26, 10:53 PM EST

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Location

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42-60 CRESCENT Street #PH10C, Long Island City, Queens County

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 $1,382 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,466 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 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 $2,695,000 for 1,466 sq ft, the asking price per square foot is approximately $1,838. 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: RLS20085457
First Listed: 4/20/2026
On Market: 4/20/2026
Price Changed: 6/4/2026
Contract Date: 4/20/2026

Listing Courtesy of Corcoran Group - Kristen H Suh

Listing Contact: (347) 913-2012

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 6/5/2026 at 2:53 AM UTC

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