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 indu...
Median Sale
$1.2M
Inventory
252 listings
Borough
Queens
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.
Commute to Midtown
undefined min via 7
Queens median home prices rose 7.3% to $735K in 2026. From LIC highrises to Bayside single-families, here is your data-driven guide.
Manhattan 1BR rent: $4,550/mo. Median 1BR co-op: $688K. Break-even: 7.2 years. Full rent-vs-buy calculation by borough with 2026 mortgage rates.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.

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