Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

Listed at $1,390,000 · Sold 13.7% below asking · Closed November 14, 2018

24-12 42nd Road #2-C
Closed For Sale Condo

$1,390,000

$1,499 per sq ft

24-12 42nd Road #2-C

Long Island City, Queens

MLS® #RLS10420088

RLS at REBNY

Listing by Chase Global M Realty LLC

2

Bedrooms

2

Baths

927

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 927 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $520/mo
Property Taxes $605.04/yr
Neighborhood Long Island City
Floor 2 of 8

Property Highlights

  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 2 of 8
Cooling Central Air
Pets Yes
Cross Street 24th Street/Crescent Street
Year Built 2018 (New)
Living Area 927 sq ft
Block/Lot 429/21

Listing History

Event Date Price Change
Listed Jul 2, 2018 $1,390,000 -
Price Reduced Oct 31, 2018 $1,490,000 +7.2%

Description

Arcadia LIC: 24-12 42nd Road Long Island City, has a 421-A 15-year Tax abatement and is complete with some of the highest quality materials and finishes available on the market. Virtual doorman-a premier security service with better building security, secure package delivery, package delivery notification, access to emergency services at the push of a button, access control security and more. German designed Grohe faucets , Nest Thermostat, Mirage wood floors, LG heating and air-conditioning, Scavolini Kitchen Cabinets, COMPAC-Unique Calacatta countertops, Miele appliances, Lieberr refrigerator, Bertazzoni stove, Bosch dishwasher, Moen Kitchen sink, Porcelanosa tiles, TOTO toilet, Kohler bathtub

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard

Appliances

Dryer Washer

Building Information

Stories 8

Financial Details

Common Charges $520/mo
RE Taxes $605.04/yr ($50/mo)
Sale Price $1,200,000
Previous Price $1,490,000

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, 7:45 AM EST

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Location

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24-12 42nd Road #2-C, Long Island City, Queens County • Near 24th Street/Crescent Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
8
Floors
36
Residential Units
M1-5/R7-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,809,949
Land Value: $608,408
Exemptions: $2,917,023

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

Lot Area: 6,750 SF
Building Area: 32,285 SF
Built FAR: 4.78
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 $520 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $605.04, or roughly $50 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 927 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.

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

At the current list price of $1,390,000 for 927 sq ft, the asking price per square foot is approximately $1,499. 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: RLS10420088
First Listed: 7/2/2018
Price Changed: 10/31/2018
Closed: 11/14/2018
Contract Date: 7/2/2018

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 11:45 AM UTC

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