Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,560,000

· Closed December 31, 2020

27-17 42ND Road #16E
Closed For Sale Condo

$1,560,000

$1,270 per sq ft

27-17 42ND Road #16E

Long Island City, Queens

Star Tower

MLS® #RLS10679144

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,228

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,228 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $924.89/mo
Property Taxes $308.52/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: East,South,West facing
  • Outdoor Space: Building Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Exposure East,South,West
Cooling Central Air
Pets Yes
Cross Street 27th Street & 28th Street
Living Area 1,228 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Oct 29, 2020 $1,799,020 -
Currently Apr 22, 2026 $1,560,000 -13.3%

Description

SPACIOUS 2 BED/2 BATH WITH A 15 YEAR TAX ABATEMENT Set in the heart of vibrant Long Island City, Star Tower combines sleek modern design, thoughtful space, and graceful finishes. Built upon the former home of the Long Island Star newspaper, the building continues the legacy of creating a sense of community, boasting one of Long Island City's largest amenities packages. With nearly 13,000 square feet of common areas including, a landscaped rooftop sun terrace and billiards lounge where residents may unwind while enjoying sweeping views of the Manhattan skyline! Other must have amenities include, a state-of the-art fitness center, media lounge, playground, zen garden, and attended lobby. Unit 5E is a spacious 1,228 square foot 2 bed/2 bath residence with southwestern and southeastern facing floor to ceiling windows. It boasts a luxury finish package with stainless steel kitchen appliances, featuring a Fisher Paykel refrigerator and Bosch range, microwave and dishwasher. The solid quartz countertop and waterfall island deliver ample entertaining space. The bathroom provides a spa-like experience with Kohler Oblo fixtures, Italian Scarabeo sinks, and Italian Limestone tiling. The over-sized bedrooms offer tons of storage, including in a spacious walk-in closet in the master. Other special features include, central air conditioning and heat in-unit, washer/dryer hook-up, 8 foot tall interior doors, and building-wide high speed FiOS internet. Transportation options abound with eight local subway lines and three ferries nearby providing quick access to Manhattan and Brooklyn. Complimentary bicycle parking is also available, as well as the option to purchase on-site parking and storage. With 5-Star hotel styled amenities, a cost saving 15-year tax abatement, and one of the lowest common charges in LIC, Star Tower is bringing its residents luxury living at affordable prices! The complete offering terms are in an offering plan available from sponsor File NO. CD170102

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden Building Roof Deck Building Terrace

Appliances

Dryer Washer

Building Information

Building Star Tower
Total Units 182
Stories 26

Financial Details

Common Charges $924.89/mo
RE Taxes $308.52/yr ($26/mo)
Original Price $1,799,020
Sale Price $1,560,000

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

166

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

10

Price Reduced

17%

Sold (30 Days)

13

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 4/22/26, 8:07 AM EST

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Location

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27-17 42ND Road #16E, Long Island City, Queens County • Near 27th Street & 28th Street

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
25
Floors
182
Residential Units
M1-6/R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $25,050,604
Land Value: $1,215,047
Exemptions: $19,489,126

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

Lot Area: 13,500 SF
Building Area: 159,818 SF
Built FAR: 11.84
Allowed FAR: 10

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 $924.89 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $308.52, or roughly $26 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 1,228 square feet. Verify dimensions independently during due diligence.

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 $1,560,000 for 1,228 sq ft, the asking price per square foot is approximately $1,270. 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: RLS10679144
First Listed: 10/29/2020
Closed: 12/31/2020
Contract Date: 10/29/2020

Listing Courtesy of The Corcoran Group - Victoria Smith

Listing Contact: (908) 313-0729

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 4/22/2026 at 12:07 PM UTC

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