Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed August 19, 2013

42-77 Hunter Street
Closed For Sale Condo

$1,300,000

42-77 Hunter Street

Long Island City, Queens

Madison LIC, The

MLS® #RLS10040936

RLS at REBNY

Listing by Warburg Realty Partnership Ltd.

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 2015
Ownership Condo
Neighborhood Long Island City

Property Highlights

  • Location: Long Island City, Queens
  • Property Type: Condo
  • Built: 2015

Property Details

Type Condo
Ownership Condominium
Baths null Full
Cross Street 43rd Avenue/42nd Road
Year Built 2015
Block/Lot 432/35

Listing History

Event Date Price Change
Listed Aug 19, 2013 $1,300,000 -
Currently Apr 25, 2026 $1,300,000 -

Description

Prime Queens Plaza / Long Island City development site located in the heart of Hunters Point Redevelopment Zone. The project is located in the rapidly developing Queens Plaza/Long Island City Central Business District, the 25' wide, 99.75' deep site presents a highly attractive opportunity for commercial and/or residential development. Located on the east side of Hunter Street between 43rd Avenue and 42nd Road, it is in the middle of a block of other potential development sites. Zoned for over 12,000 buildable sq. ft., the site would be suitable for a range of uses, from professional suites, to condominiums, to rental apartments, to office/loft space. The property is strategically located in the main artery of LIC mass transportation hub. Transportation connections are among the best in the five boroughs. Six subway lines serve Queens Plaza/Long Island City with links to Hunter?s Point on the LIRR. It is very accessible from the 59th Street Bridge, Queens/Midtown Tunnel and major thoroughfares including the Long Island Expressway, BQE and Queens Boulevard and served by numerous subway lines (E, M, N, Q, R, G and #7). Queens Plaza/Long Island City Business District was rezoned in 2001 to become recognized as New York City?s fourth Central Business District for high density, mixed-use development. Since then there have been substantial improvements in access, in the streetscapes, and in the social and cultural life of the area.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Garden Building Roof Deck

Building Information

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

168

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/25/26, 7:58 AM EST

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Location

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42-77 Hunter Street, Long Island City, Queens County • Near 43rd Avenue/42nd Road

Building Information

Official NYC property records for this building

2014
Year Built
12 years old
9
Floors
14
Residential Units
M1-5/R7-3
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,456,200
Land Value: $177,300
Exemptions: $1,435,275

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

Lot Area: 2,494 SF
Building Area: 14,503 SF
Built FAR: 5.82
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

According to MLS records, the building was constructed in 2015, making it approximately 11 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.

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: RLS10040936
First Listed: 8/19/2013
Closed: 8/19/2013
Contract Date: 9/16/2011

Listing Courtesy of Warburg Realty Partnership Ltd. - Michael L. Arkin

Listing Contact: (917) 673-6773

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 4/25/2026 at 11:58 AM UTC

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