Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $839,000

· Closed June 26, 2019

42-50 27th Street #7-A
Closed For Sale Condo

$839,000

$1,330 per sq ft

42-50 27th Street #7-A

Long Island City, Queens

Arcadia 27

MLS® #RLS10538617

RLS at REBNY

Listing by Chase Global M Realty LLC

1

Bedroom

1

Bath

631

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 631 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $406/mo
Property Taxes $982.56/yr
Parking Garage
Neighborhood Long Island City
Floor 7 of 9

Property Highlights

  • Climate Control: Central Air
  • Parking: Private garage
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 7 of 9
Cooling Central Air
Pets Yes
Cross Street 42nd Road/43rd Avenue
Year Built 2018 (New)
Living Area 631 sq ft
Parking Garage Available
Block/Lot 430/20

Listing History

Event Date Price Change
Listed Apr 3, 2019 $839,000 -
Currently Apr 23, 2026 $839,000 -

Description

Arcadia 27 is an all-new luxury development in the heart of Long Island City with 15 years tax abatement, located minutes away from the trendiest neighborhoods in New York City. It is a stylish, contemporary structure with large, expansive windows that enclose warm, modern interiors featuring the latest building materials and technologies.
From premium flooring to advanced kitchen appliances, Arcadia 27 is complete with some of the highest quality materials and finishes available on the market.
From a virtual doorman to the latest in connectivity devices, Arcadia 27 offers smart, contemporary amenities suiting modern, urban lifestyles.
Public transportation is plentiful in Long Island City, with 7 different subway lines, numerous bus routes, the Long Island Railroad (LIRR), and the East River Ferry servicing this area. Travel by motor vehicle is convenient, with 2 major interstate highways offering easy through-way to Eastern Long Island, the neighboring boroughs and surrounding states. Weekend cyclists can effortlessly enjoy the Queens waterfront by renting a Citibike from a nearby station.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $406/mo
RE Taxes $982.56/yr ($82/mo)
Sale Price $839,000

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

165

Median Asking Price

$1.20M

Median $/Sqft

$1,526

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/23/26, 2:38 AM EST

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Location

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42-50 27th Street #7-A, Long Island City, Queens County • Near 42nd Road/43rd Avenue

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
9
Floors
32
Residential Units
M1-5/R7-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,513,701
Land Value: $450,000
Exemptions: $2,152,191

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

Lot Area: 5,000 SF
Building Area: 23,152 SF
Built FAR: 4.63
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 $406 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $982.56, or roughly $82 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 631 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $839,000 for 631 sq ft, the asking price per square foot is approximately $1,330. 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 mcoste@kwnyc.com. 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: RLS10538617
First Listed: 4/3/2019
Closed: 6/26/2019
Contract Date: 4/3/2019

Listing Courtesy of Chase Global M Realty LLC - Jim Chung

Listing Contact: (917) 682-1885

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 4/23/2026 at 6:38 AM UTC

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