Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,850,000

· Closed July 8, 2019

24-12 42nd Road #PH-8B
Closed For Sale Condo

$1,850,000

$1,606 per sq ft

24-12 42nd Road #PH-8B

Long Island City, Queens

MLS® #RLS10536791

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,152

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,152 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $753/mo
Property Taxes $864/yr
Neighborhood Long Island City
Floor 8 of 8

Property Highlights

  • Views: City
  • Exposure: North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 8 of 8
View City
Exposure North,South,West
Cooling Central Air
Pets Yes
Cross Street 24th Street/Crescent Street
Year Built 2018 (New)
Living Area 1,152 sq ft
Block/Lot 429/21

Listing History

Event Date Price Change
Listed Jan 2, 2019 $1,850,000 -
Currently Apr 23, 2026 $1,850,000 -

Description

Enjoy the best of both worlds in this penthouse oasis in prime Long Island City, not one architectural detail was spared when building this luxury condo building. Upon entering this spacious penthouse your attention is immediately drawn to the gorgeous New York City skyline peaking behind the famous Silvercup sign. The open living and kitchen layout is perfect for families and entertaining a like. The wrap around private terrace offers privacy and indoor/outdoor living. With Southern and Western exposure you will have an abundance of light and views any where you turn. This stunning new development offers the purchaser the highest level of finish quality from the German designed Grohe faucets to the Mirage wood floors, to the Scavolini Kitchen Cabinet and COMPAC-Unique Calacatta countertops the units are timeless and elegant. They are also extremely practical offering everyday conveiences such as the Nest Thermostat system and LG heating and air-conditioning. Additional finishes include, Miele appliances, Lieberr refrigerator, Bertazzoni stove, Bosch dishwasher, Moen Kitchen sink, Porcelanosa tiles, TOTO toilet and Kohler bathtubs. Arcadia LIC: is a luxury boutique condo located at 24-12 42nd Road Long Island City. The building offers a 421-A 15-year Tax abatement. Amenities include a 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.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Terrace

Appliances

Dryer Washer

Building Information

Stories 8

Financial Details

Common Charges $753/mo
RE Taxes $864/yr ($72/mo)
Sale Price $1,850,000

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, 12:48 AM EST

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Location

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24-12 42nd Road #PH-8B, Long Island City, Queens County • Near 24th Street/Crescent Street

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 $753 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $864, or roughly $72 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 1,152 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 $1,850,000 for 1,152 sq ft, the asking price per square foot is approximately $1,606. 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: RLS10536791
First Listed: 1/2/2019
Closed: 7/8/2019
Contract Date: 1/1/2019

Listing Courtesy of Compass - Alyssa Brody

Listing Contact: (347) 821-6220

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 4:48 AM UTC

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