$1,300,000
Updated 12 years ago
Sold

The Madison LIC

42-77 Hunter Street

Long Island City, Queens | 43rd Ave & 42nd Road

Condo

$1,300,000
floors / apts10 / 14
Lot Size25'x99'
ZoneM1-5
Building TypeMid-Rise

This property was sold for $1,150,000 on 10/11/12.

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garden
  • Roof Deck
  • Storage
  • Wheelchair Access

Property Description for 42-77 Hunter Street

Prime Queens Plaza / Long Island City development site located in the heart of Hunters Point Redevelopment Zone. The project is located in the rapidly developing Queens Plaza/Long Island City Central Business District, the 25' wide, 99.75' deep site presents a highly attractive opportunity for commercial and/or residential development. Located on the east side of Hunter Street between 43rd Avenue and 42nd Road, it is in the middle of a block of other potential development sites. Zoned for over 12,000 buildable sq. ft., the site would be suitable for a range of uses, from professional suites, to condominiums, to rental apartments, to office/loft space. The property is strategically located in the main artery of LIC mass transportation hub. Transportation connections are among the best in the five boroughs. Six subway lines serve Queens Plaza/Long Island City with links to Hunter’s Point on the LIRR. It is very accessible from the 59th Street Bridge, Queens/Midtown Tunnel and major thoroughfares including the Long Island Expressway, BQE and Queens Boulevard and served by numerous subway lines (E, M, N, Q, R, G and #7). Queens Plaza/Long Island City Business District was rezoned in 2001 to become recognized as New York City’s fourth Central Business District for high density, mixed-use development. Since then there have been substantial improvements in access, in the streetscapes, and in the social and cultural life of the area.

Building Details for 42-77 Hunter Street

OwnershipCondo
Building TypeMid-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2015
Financing Allowed90%
Floors/Apts10/14
Learn More About the Building

Transit and Citi Bike

Subway

Queensboro Plaza
0.15 miles
Queens Plaza
0.18 miles
Court Sq
0.21 miles
Court Sq-23 St
0.29 miles
21 St-Queensbridge
0.42 miles

Citi Bike

27 St & Hunter St
0.04 miles
44 Dr & Jackson Ave
0.16 miles

Contact Agents

Contact Agents

Michael Arkin
Coldwell Banker Warburg
Steven Goldschmidt
Coldwell Banker Warburg

Long Island City | Queens

Quick Profile

Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.

 LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south. 

 A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.  

 Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.

 Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.

 As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.

 For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 40707TH