Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed August 19, 2021

42-45 27th Street

$1,600,000

$1,299 per sq ft

42-45 27th Street

Long Island City, Queens

MLS® #RLS10716200

RLS at REBNY

Listing by Modern Spaces, LLC

Studio

0

Bath

1,232

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 1,232 sq ft
Year Built 1911
Neighborhood Long Island City

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1911)

Property Details

Type Single Family Residence
Baths 0 Full
Pets Yes
Cross Street 42nd Road/Queens Plaza South
Year Built 1911
Living Area 1,232 sq ft
Architectural Style Prewar
Block/Lot 431/11

Description

Price Reduced! Situated in the heart of Court Square Long Island City on a 16.5' x 71' (approx) lot zoned M1-5/R7-3, the site allows for 5,700 buildable square feet of mix use development. The building has high ceiling with skylight windows, filling the space with natural light all day. There is also a kitchenette with a microwave, refrigerator and a sink. Basement is renovated, great size for storage with a washer and dryer in place. In addition, there's a half bathroom. There is a legal curb cut drive way in front of the building allows easy delivery and parking in building.The building is surrounded by many residential and office buildings, close to E, M, R, 7, N & W trains. Nearby retails such as Starbucks, Foodceller market and many restaurants. This is a prime location for a developer, owner/user looking to operate their business on-site, or an investor seeking investment opportunities.

Building Information

Stories 1
Style Prewar

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

169

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

13

Price Reduced

16%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/19/26, 7:15 PM EST

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Location

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42-45 27th Street, Long Island City, Queens County • Near 42nd Road/Queens Plaza South

Floor Plans

Floor Plan
MLS® ID: RLS10716200
First Listed: 5/5/2021
Price Changed: 8/25/2021
Closed: 8/19/2021
Contract Date: 6/7/2020

Listing Courtesy of Modern Spaces, LLC - Crystal Yeung

Listing Contact: (718) 784-1110

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.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/19/2026 at 11:15 PM UTC

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