Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
24-16 Queens Plaza S #7B
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Active For Sale Condo

$1,150,000

$1,317 per sq ft

24-16 Queens Plaza S #7B

Long Island City, Queens

MLS® #RLS20075592

RLS at REBNY

Listing by Serene Powers Real Estate LLC

Open House Scheduled

Saturday, May 9 • 11:00 AM – 6:00 PM

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

2

Bedrooms

2

Baths

873

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 873 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,627/mo
Property Taxes $5,304/yr
Neighborhood Long Island City
Floor 7

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Outdoor Space: Balcony, Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7
View City
Exposure East,North
Heating None
Pets Yes
Year Built 1900 (New)
Living Area 873 sq ft
Structure Type None
Furnished Unfurnished
Block/Lot 00424/7501

Listing History

Event Date Price Change
Listed Mar 5, 2026 $1,200,000 -
Currently May 7, 2026 $1,150,000 -4.2%

Description

Flexible layout with the potential to easily convert into a 2-bedroom.
Enjoy 873 sq ft of interior living space and an incredible 951 sq ft private terrace in a luxury condominium building with a 421-a tax abatement.
Welcome to Hero 7B, a bright and spacious 1-bedroom, 2-bathroom condo, perfect for outdoor entertaining, gardening, or simply enjoying sweeping city views.
The oversized terrace truly sets this home apart. The seller is including a BBQ grill, allowing you to host outdoor gatherings and BBQ parties with friends while enjoying your own private urban oasis.
The interior offers a functional open layout, including a modern kitchen that flows into a generous living area, while the primary bedroom provides comfort and privacy. With two full bathrooms, this home is designed for both convenience and style.
This residence is easily convertible to a 2-bedroom layout, giving you flexibility to adapt the space to your needs. Adding even more value, the building benefits from a 421a tax abatement through 2034.
Located in a prime area with excellent access to nearby subway lines, commuting is effortless, and youre close to the best dining, shopping, and entertainment the city has to offer. Residence 7B combines luxury, flexibility, and outdoor living in one exceptional home.





Features & Amenities

Interior Features

Building Inside Common Area In Unit

Exterior Features

Balcony Building Roof Deck Building Balcony Private Outdoor Space Under60 Sqft Balcony Rooftop

Building Amenities

Bike Storage Concierge Elevators Yoga Studio

Appliances

Dishwasher Microwave

Financial Details

Common Charges $1,627/mo
RE Taxes $5,304/yr ($442/mo)
Original Price $1,200,000
Previous Price $1,200,000

Maintenance Includes

Gas,Water

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

170

Median Asking Price

$1.20M

Median $/Sqft

$1,508

Avg Days on Market

N/A

New This Week

12

Price Reduced

19%

Sold (30 Days)

5

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 5/7/26, 1:43 PM EST

Similar Listings in Long Island City

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Location

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24-16 Queens Plaza S #7B, Long Island City, Queens County

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Building Information

Official NYC property records for this building

1925
Year Built
101 years old
22
Floors
109
Residential Units
M1-5/R9
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $12,340,346
Land Value: $768,594
Exemptions: $9,422,617

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

Lot Area: 11,385 SF
Building Area: 75,839 SF
Built FAR: 6.66
Allowed FAR: 7.52

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 $1,627 per month. The fee covers: Gas,Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,304, or roughly $442 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 873 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 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 $1,150,000 for 873 sq ft, the asking price per square foot is approximately $1,317. 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: RLS20075592
First Listed: 3/6/2026
On Market: 3/5/2026
Price Changed: 3/30/2026
Contract Date: 3/1/2026

Listing Courtesy of Serene Powers Real Estate LLC - Serene C Powers

Listing Contact: (646) 706-1282

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 5/7/2026 at 5:43 PM UTC

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