Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $480,000

· Closed January 15, 2021

42-14 Crescent Street #9-C
Closed For Sale Co-op

$480,000

$954 per sq ft

42-14 Crescent Street #9-C

Long Island City, Queens

MLS® #RLS10659500

RLS at REBNY

Listing by MNS

Studio

1

Bath

503

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 503 sq ft
Year Built 2016
Ownership Co-op
Maintenance $853.84/mo
Neighborhood Long Island City
Floor 9 of 13

Property Highlights

  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 9 of 13
Cooling Central Air
Pets Yes
Cross Street 42nd Road/42nd Road
Year Built 2016
Living Area 503 sq ft
Block/Lot 424/25

Listing History

Event Date Price Change
Listed Aug 18, 2020 $480,000 -
Currently Apr 22, 2026 $480,000 -

Description

Immediate Closings! Close and move-in ASAP at The Independent LIC.Take advantage of all of the financial incentives this building has to offer! - Lowest PPSF in LIC. More space for less money. - 421-a Tax Abatement in Place! Abated real estate taxes included in the monthly maintenance. - 100% complete w/ final certificate of occupancy. - No Board Approval! - Only 10% Down Payment Required. Welcome to residence 9C - a stunning alcove studio with two large windows and lots of light. Smartly designed with the bedroom area tucked away and two large closets, this studio does not disappoint. Additional features include a modern kitchen with full-size Bosch appliances, hardwood flooring, and an in-unit washer and dryer. Long Island City homeownership has never been so attainable.The Building: Minimalistic features blend seamlessly with industrial style in The Independent's elegant studios, one and two-bedroom residences. Carefully considered floor plans integrate open-plan living areas, sleek kitchens and serene bathrooms to offer an exceptional lifestyle experience. Residences are appointed with all of the conveniences of contemporary NYC living along with sophisticated interiors and common areas.The Neighborhood: Located just one subway stop from Midtown via the N, W, M and 7 lines, Long Island City has become one of the city's hottest neighborhoods. From renowned restaurants like the Michelin-starred Casa Enrique to cultural and artistic epicenters like MoMA PS1, there are plenty of ways to enjoy downtime in LIC. The quiet waterfront parks, Gantry Plaza State Park and Hunter's Point South Park, provide a perfect escape from urban living, with playgrounds, playing fields and cinematic views of the Manhattan skyline.Building Amenities:- Furnished & Landscaped Roof Deck- Furnished & Landscaped Courtyard with BBQ Grill- Furnished Resident's Lounge with Large Screen TV, Billiards Table, and Kitchenette- Fitness Center - Bicycle Storage** - Private Storage****Subject to availability and fees.Equal Housing Opportunity. All dimensions and square footages are approximate and subject to construction variances and may vary from floor to floor. Images represent model residences and may not be reflective of the layout of the subject residence in this advertisement. The complete offering terms are in an offering plan available from the Sponsor. Sponsor reserves the right to make changes in accordance with the offering plan. File No. C18-0003. Sponsor: 42-14 Crescent Street LH LLC, 130 East 59th Street, Suite 1300, New York, NY 10022.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 13

Financial Details

Maintenance $853.84/mo
Sale Price $480,000

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, 6:24 AM EST

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Location

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42-14 Crescent Street #9-C, Long Island City, Queens County • Near 42nd Road/42nd Road

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
13
Floors
48
Residential Units
M1-5/R9
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,440,050
Land Value: $393,750
Exemptions: $5,190,120

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

Lot Area: 5,000 SF
Building Area: 42,301 SF
Built FAR: 8.46
Allowed FAR: 7.52

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 monthly maintenance are $853.84 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 503 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

At the current list price of $480,000 for 503 sq ft, the asking price per square foot is approximately $954. 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: RLS10659500
First Listed: 8/18/2020
Price Changed: 2/5/2021
Closed: 1/15/2021
Contract Date: 8/19/2020

Listing Courtesy of MNS - David Chi

Listing Contact: (718) 222-0211

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 10:24 AM UTC

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