Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
40-21 27th Street #5W
Interested in this property?
Active For Sale Condo

$1,300,000

$1,384 per sq ft

40-21 27th Street #5W

Long Island City, Queens

MLS® #RLS20083313

RLS at REBNY

Listing by CHARNEY REAL ESTATE LLC

2

Bedrooms

2

Baths

939

Sq. Ft.

2025

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 939 sq ft
Lot Size 5,041 sq ft
Year Built 2025
Ownership Condo
HOA/Common Charges $468/mo
Property Taxes $16,164/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Heating Central
Pets Yes, CatsOk, DogsOk
Year Built 2025
Living Area 939 sq ft
Parking Garage Available
Structure Type MultiFamily,MixedUse
Lot Size 5,041 sq ft
Block/Lot 00405/0016

Listing History

Event Date Price Change
Listed Apr 1, 2026 $1,300,000 -
Currently Apr 28, 2026 $1,300,000 -

Description

An Iconic Sun-Drenched 2-Bedroom — Exceptionally Positioned with Western Views & a Private Balcony Now Offering a Limited-Time “Live For Free” Incentive: One Year of Common Charges & Real Estate Taxes Covered.* Introducing Residence #5W, a beautifully designed 2-bedroom home offering bright, open living and a private outdoor balcony ideal for entertaining or quiet relaxation. Floor-to-ceiling windows flood the residence with natural light, enhancing the warmth of the interiors and creating an airy, inviting atmosphere throughout. The interiors are both warm and refined, featuring Canadian maple wood flooring and a thoughtfully designed open-concept living and dining area. The chef’s kitchen is elegantly appointed with soft-close cabinetry, premium quartz countertops, and a suite of Bosch and Samsung appliances, including an externally vented range hood. Step outside to your private balcony — generously sized to accommodate dining and entertaining — offering a seamless extension of the living space and a perfect setting for hosting or unwinding in the open air. Additional features include individually controlled heating and cooling in every room, an in-unit Bosch washer and dryer, and a beautifully finished bathroom with large-format tile and a sleek floating vanity. Storage and parking are available for separate purchase. Residents enjoy access to a landscaped rooftop deck with sweeping city views, all just moments from Queensboro Plaza, Queens Plaza, and Queensbridge subway lines, offering effortless access to Manhattan and beyond. The complete Offering Terms are available in an Offering Plan from the Sponsor. File No. CD 24-0284. Listing photography may include virtual staging to illustrate potential layouts and design possibilities. *Incentives are discretionary, subject to sponsor approval, and may be modified, suspended, or withdrawn at any time without notice. Offers are available for a limited time and apply only upon a fully executed contract. All terms are subject to the provisions of the offering plan and final contract of sale.

Features & Amenities

Interior Features

In Unit

Exterior Features

Building Garden Balcony Building Balcony Garden Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 9
Stories 6
Structure MultiFamily,MixedUse

Financial Details

Common Charges $468/mo
RE Taxes $16,164/yr ($1,347/mo)

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

$1,517

Avg Days on Market

N/A

New This Week

7

Price Reduced

20%

Sold (30 Days)

9

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/28/26, 1:40 PM EST

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Location

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40-21 27th Street #5W, Long Island City, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2023
Year Built
3 years old
6
Floors
M1-2/R5B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $0
Land Value: $0
Exemptions: $0

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

Lot Area: 5,042 SF
Building Area: 30,249 SF
Built FAR: 6
Allowed FAR: 1.5

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 $468 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $16,164, or roughly $1,347 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 939 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2025, making it approximately 1 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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,300,000 for 939 sq ft, the asking price per square foot is approximately $1,384. 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: RLS20083313
First Listed: 4/13/2026
On Market: 4/1/2026
Price Changed: 4/13/2026
Contract Date: 4/1/2026

Listing Courtesy of CHARNEY REAL ESTATE LLC - Martin Garcia

Listing Contact: (347) 616-1833

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 4/28/2026 at 5:40 PM UTC

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