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The Most Expensive and Least Apartment in Long Island City as of 4/10/2015

written by Samantha Shlimbaum

Most Expensive Apartments in Long Island City

10-49 49th Avenue Townhouse pre-renovation

10-49 49th Avenue Townhouse pre-renovation

#1 Gut Renovated Four Family Townhouse: 10-49 49th Avenue

The most expensive sales listing in Long Island City is located at 10-49 49th avenue is a recently beautifully renovated four family townhome that offer outdoor garden space and private rooftop deck providing panoramic views of the city. 10-49 49th avenue is a seven bedroom four bathroom townhome listed for $5.8 million with Rick Kelly and AnneMarie Tamis Nasello. This four family’s interior design takes one back in time to 1890’s Italian architecture with updated finishes. The owner’s duplex is located in the parlor, and second floor. This duplex features the most unique kitchen one will find within Long Island City. The kitchen has an industrial commercial kitchen with Brazilian walnut and teak flooring, blue star chef range with exhaust hood. The backsplash is classic white subway. Laundry can be taken care in a breeze with a built in dumbwaiter to carry laundry down. There is no need for a doorman when there is fully equipped security camera that links to CCTV room for the ultimate security. The rest of the four family houses three separate through floor apartments. The property also has 4,000 square feet of buildable air rights, perfect for developers seeking to invest in LIC hot real estate market. The building can be delivered vacant with annual carry costs accruing to $28,102 a year. Of these costs there is a home owner’s association fee of $1,350 a month and monthly taxes of $992 a month. This townhome is the perfect opportunity for a conversion into high end condo apartments that are centrally located one block from Vernon Blvd-Jackson Avenue(7) stop with a short trip to Grand Central, and close to 21st Street(G) train for a quick trip to Willamsburg, Brooklyn.

Beyond being centrally located to subways to Manhattan and Brooklyn you are close to Gantry State Park with a dog run available on 48th Avenue and Vernon Blvd. The park provides summer concerts with the Manhattan skyline at your backdrop. There are also basketball and handball courts nearby perfect for those that love to exercise outdoors.

Madera Cuban Grill is the neighborhood’s go to eatery for hispanic delicacies. Described on their website as “bringing the romance, Cuban flavors and excitement to you”, located on Vernon Blvd and 47th avenue.

The View

The View

#2 Apartment 208 at “The View”

The second most expensive listing in Long Island City is located at apartment 208 within 46-30 Center Boulevard, also known as “The View” for $2,895,000 listed by Theo Neocli of Douglas Elliman. Apartment 208 one of the most unique apartment within this 18 story building comprising of 184 apartment. Apartment 208 provides the ultimate backyard entertainment space comprising over 1,165 square feet with breathtaking views of the Empire and Chrysler Building. You can easily come home and barbeque outside with a built in fire pit. This two bedroom two bathroom apartment comprising of 1,196 square foot is perfect for entertaining with an open concept kitchen providing views of a proper New York City sunset as you cook the night away. The kitchen features Viking stove and large black granite countertop kitchen island with built-in-wine cooler.

The views again at the View offsets the listing price with building features that are unmatched by other locations. The taxes are only $20 a month with common charges of $1,337 a month. This building in particular allows sublets, washer and dryer installments and pets. Some of the buildings other amenities include valet, private storage and a garage space. Both entertaining and relaxing becomes effortless because the building offers a lounge, cinema and billiards room, spa services, a pool, sauna and a party room ideal for a fun-filled night with guests. Also nearby is the iconic Gantry State Park housing the vintage Pepsi Cola sign.

 

The Least Expensive Apartment

IVY 28

IVY 28

50-15 39TH STREET Apt 2D

The least expensive listing in Long Island City taking the number one spot is Apartment 2D located on 42-37 27th Street located in Hunter Point part of Long Island City. Apartment 2D for $529,000 with a 15 year tax abatement is listed by John Chang at RE/MAX Midtown. The common charges are $369 with monthly taxes of $15.09 a month. This apartment is a brand new condominium sponsor sale within Ivy 28, an elevator building. Ivy 28 was built in 2014 and its name is reflective of the number of apartments within the building. This small boutique condominium has only 28 apartments with layouts of straight line studios, one and two bedroom apartments. Amenities feature a bike room, and courtyard. Apartment 2D is a studio with 11 foot ceilings and is 532 square feet. The kitchen is brand new with granite countertops, GE range, and stainless steel Leibherr refrigerator. Over the countertops are pendant dropped lights, pod-lights with large windows providing ample sunlight. The bathroom features a deep soaking tub encased in stone with tile floors.

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