Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
27-28 THOMSON Avenue #316

For Sale · Listing by Corcoran Group

27-28 THOMSON Avenue #316

Long Island City, Queens

$1,700,000

Interested in this property?
Active For Sale • Condo

$1,700,000

$1,284 per sq ft

27-28 THOMSON Avenue #316

Long Island City, Queens

Arris Lofts

MLS® #RLS20122437

RLS at REBNY

Listing by Corcoran Group

Open Houses Scheduled

Thursday, October 29 • 12:00 PM – 1:00 PM

Sunday, November 1 • 1:30 PM – 2:30 PM

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

Studio
1.5
Baths
1,324
Sq. Ft.
1920
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 2 full, 1 half
Living Area 1,324 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $1,235/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Long Island City
Floor 3 of 8

Property Highlights

  • Views: City, Skyline
  • Exposure: West facing
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full, 1 Half
Floor 3 of 8
View City, Skyline
Exposure West
Cooling Other
Pets Yes
Year Built 1920
Living Area 1,324 sq ft
Parking Garage Available
Architectural Style Loft
Structure Type HighRise
Basement Other
Block/Lot 00082/1082

Listing History

Event Date Price Change
Listed Oct 23, 2026 $1,700,000 -
Currently Oct 27, 2026 $1,700,000 -

Description

Among the modern towers of Long Island City sits an authentic converted factory - a rare find for authentic loft living! Residence 316 at Arris Lofts offers 1,324 square feet of expansive interior space, with soaring 14-foot ceilings, and an enormous wall of windows that fill the home with tremendous natural light. Defined by its exceptional scale, this oversized studio residence currently offers a functional layout with two large home offices and one interior sleeping area. If desired, reconfiguration of the loft to better fit your needs is easy, while still allowing for a refreshing departure from conventional apartment living. This home features an open kitchen, fully equipped with stainless steel countertops, functional island, and modern appliances including Electrolux dishwasher and cooking, Liebherr fridge, wine cooler and microwave. The baths continue the luxurious feel with premium fixtures and decorative mosaics. Also find central heating and AC, a tremendous amount of storage and built-in shelving, Washer/Dryer, and exposed columns. Originally built as the Eagle Electric factory and thoughtfully reimagined as a luxury condominium, Arris Lofts pairs its industrial heritage with an exceptional collection of full-service amenities. Residents are welcomed by a grand, almost five thousand square-foot lobby with a fireplace and 24-hour doorman and concierge service. Wellness and recreation take center stage with an expansive health club featuring a lap pool, fitness center, sauna, and massage room, while a beautifully landscaped Japanese-inspired courtyard with a reflecting pond offers a peaceful retreat from the city. A residents' lounge and recreation room with billiards and a catering kitchen, children's playroom, landscaped rooftop terrace, on-site parking, and bicycle storage further elevate everyday living. Set in the heart of Long Island City's vibrant Court Square neighborhood, Arris Lofts places an exciting mix of culture, dining, shopping, and green space right outside your door. Explore contemporary exhibitions at MoMA PS1, discover neighborhood cafés and restaurants, or head to Gantry Plaza State Park for waterfront walks and sweeping views of the Manhattan skyline. With convenient access to the E, M, G, and 7 trains, along with additional connections to the N, W, R, and F lines nearby, commuting to Midtown Manhattan and navigating the rest of the city is remarkably effortless. Perfect for pied-a-terre buyers, investors, and a variety of co-purchase scenarios. All showings are by appointment only.

Features & Amenities

Interior Features

High Ceilings Storage Walk In Closets Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Common Playroom Indoor Pool Kitchen Facilities Sauna Sauna

Appliances

Dishwasher

Building Information

Building Arris Lofts
Building Data View Compliance & Permits
Total Units 238
Stories 8
Structure HighRise
Style Loft

Financial Details

Common Charges $1,235/mo
RE Taxes Contact for details

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

141

Median Asking Price

$1.14M

Median $/Sqft

$1,541

Avg Days on Market

N/A

New This Week

5

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.05M

Live data from RLS at REBNY • Updated 10/27/26, 10:01 AM EST

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Location

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27-28 THOMSON Avenue #316, Long Island City, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
8
Floors
237
Residential Units
M1-5/R7-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $21,159,420
Land Value: $1,017,457
Exemptions: $169,725

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

Lot Area: 76,785 SF
Building Area: 379,502 SF
Built FAR: 4.94
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 $1,235 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,324 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,700,000 for 1,324 sq ft, the asking price per square foot is approximately $1,284. 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 milton@miltoncoste.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: RLS20122437
First Listed: 10/23/2026
On Market: 10/23/2026
Price Changed: 10/23/2026
Contract Date: 10/23/2026

Listing Courtesy of Corcoran Group - Ronald Anthony Testa

Listing Contact: (646) 675-6173

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/27/2026 at 2:01 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Long Island City Market Update

14 sales last 30 days · $1.14M median · 10.1 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Long Island City Borough Queens
County Queens
Floor 3 of 8
Year Built 1920
First Listed 10/23/2026
Parking Garage
Style Loft
Living Area 1,324 sqft
Common Charges $1,235/mo

Monthly Costs Estimate

Down Payment 20%

$340,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,235
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$17,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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