24-12 42nd Rd Unit 6-E Long Island City, NY 11101
Long Island City Neighborhood
2
Beds
2
Baths
917
Sq Ft
$552/mo
HOA Fee
Highlights
- Balcony
- 2-minute walk to Queensboro Plaza
- Courtyard
- P.S./I.S. 78Q Early Childhood Center Rated A
- Central Air
- East Facing Home
About This Home
As of September 2024All showings are by appointment only. Must pre-register for all open houses.
Residence #6E is a spacious open layout with eastern exposure that basks in abundant natural light. This elegant home features floor-to-ceiling windows with double-height ceilings at 17ft in the living room. The open kitchen concept includes Silestone countertop with a premium stainless steel appliance package, including a Liebherr refrigerator, Bosch dishwasher, and vented Bertazzoni hood and gas range. The appliances are complete with LG washer and dryer combo. The windows are dressed with customized shades, with motorized shades in the living room. This unique home has not one, but two king-sized bedrooms complete with a sizable balcony and porcelain tile floors.
Residence #6E is one of the very few apartments with 421a tax abatement still in effect. With combined common charges and real estate taxes under $600 per month, total monthly expenses at Residence #6E is the lowest and a mere fraction of other 2-bed condos on the market. Best of all, the asking price includes a deeded storage room.
The Arcadia LIC is a boutique condo building built in 2018. Amenities include a virtual doorman intercom system, a fitness room, and a common outdoor terrace. Nestled in the prime transportation hub of Long Island City, The Arcadia offers subway access to eight different lines -- 7, N, W, E, M, R, F and G – with a mere 5-minute train ride to Manhattan or Brooklyn. It is also in close proximity to the Ed Koch Queensboro Bridge, LIE/Midtown Tunnel, BQE and Pulaski Bridge providing easy access to all NYC airports.
Neighborhood amenities include Trader Joe’s, Target, Michelin-rated restaurants and cafes. Easy access to public parks including, Gantry Plaza State Park, which showcases beautiful panoramic views of the Manhattan skyline.
Some photos have been virtually staged.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $370
Year Built
- Built in 2018
HOA Fees
- $552 Monthly HOA Fees
Home Design
- 917 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Additional Features
- Balcony
- East Facing Home
- Central Air
Listing and Financial Details
- Legal Lot and Block 21 / 429
Community Details
Overview
- Long Island City Subdivision
- 8-Story Property
Amenities
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Sep 26, 2024
Sold by
Wang Ying and Zhang Zibin
Bought by
Chan Ka Hei and Hao Jiatong
Seller's Agent
Alexis Yoo
Modern Spaces
List Price
$1,375,000
Sold Price
$1,375,000
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,279
Avg. Annual Appreciation
-6.25%
Original Mortgage
$1,000,100
Outstanding Balance
$991,543
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,439
Purchase Details
Closed on
Aug 10, 2018
Sold by
38 Crescent Llc
Bought by
Wang Ying and Zhang Zibin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Long Island City, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,375,000 | -- | |
| Deed | $1,264,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,100 | Purchase Money Mortgage | |
| Previous Owner | $12,039 | Unknown | |
| Previous Owner | $730,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $1,375,000 | 0.0% | $1,499 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $1,375,000 | -- | $1,499 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $370 | $99,944 | $20,077 | $79,867 |
| 2024 | $370 | $95,587 | $20,077 | $75,510 |
| 2023 | $370 | $96,267 | $20,077 | $76,190 |
| 2022 | $362 | $94,850 | $20,078 | $74,772 |
| 2021 | $363 | $83,149 | $20,078 | $63,071 |
| 2020 | $369 | $93,058 | $20,078 | $72,980 |
| 2019 | $373 | $71,591 | $20,078 | $51,513 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Alexis Yoo
ModernSpaces
(917) 364-8383
3 in this area
15 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10973179
APN: 00429-1128
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