Updated 6 days ago
In contract
Five27
Long Island City, Queens | 5th Street & Vernon Blvd
Alcove Studio 1 Bath490 Square FeetCondo

$649,000
Common Charges$348
RE Taxes$24
Price Per SF
$1,324

Listing Features

  • Hardwood Floors
  • Washer / Dryer
  • Adjoining Pantry
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • South Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Cold Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Grilling Stations
  • Resident Lounge
  • Roof Deck

Policies

  • Pieds A Terre Ok

Property Description

The five27 condo offers modern luxury boutique condo living in the highly desirable LIC waterfront with parks, restaurants and retail shops just minutes walk away and 1 stop away from Grand Central Terminal on 7 train.

Unit 3H is a spacious modern studio with floor to ceiling south facing windows and abundant of natural light. The unit features oak floors, high-end custom Italian cabinets and full-sized kitchen appliances, generous pantry space, Kohler and Duravit fixtures, and in-unit washer/dryer.

The building features 24-hour virtual doorman, fully equipped fitness center, common rooftop terrace with BBQ grill, residents lounge, bike storage, and parking space for rent.

15 years tax abatement expires 2028.

Listing History

Now
11/10/2022
Contract Signed by Henry Yang
Modern Spaces, LLC
09/21/2022
$649,000
Initial Price by Henry Yang
Modern Spaces, LLC

Building Details

OwnershipCondo
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2013
Financing Allowed80%
Floors/Apts5/27
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.11 miles
21 St
0.33 miles
Hunters Point Av
0.35 miles

Railroad

Long Island CityLong Island Rail Road
0.12 miles
Hunterspoint AvenueLong Island Rail Road
0.46 miles

Citi Bike

5 St & 51 Ave
0.05 miles
Vernon Blvd & 50 Ave
0.08 miles

Ferry

Hunters Point South
0.3 miles
Long Island City
0.44 miles

Building Availability

APPSF
Median
Average
$1,324
$649,000
$649,000
Last 12 months
$1,255
-
-
Last 12 months
$65
-
-

AlcoveStudio in Long Island City

APPSF
Median
Average
$992
$499,000
$499,000
$1,324
$649,000
$649,000

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: 1998544