NOT LISTED FOR SALE

Star Tower LIC 27-17 42nd Rd Unit 7E Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $1,459,000 - $1,701,000

2 Beds
2 Baths
1,228 Sq Ft
$924/mo HOA Fee

Last Sold October 14, 2022

Last sale price $1,480,000 $1,205 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,685/month

67 Days on Market

Highlights

  • New Construction
  • 2-minute walk to Queensboro Plaza
  • Central Air
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • 1-Story Property
  • 3-minute walk to Dutch Kills Green

About This Home

As of October 2022

WELCOME TO STAR TOWER! YOU CAN BE A STAR! 15 YEAR 421-A TAX ,11ft Ceiling Heights with Floor to Ceiling Windows. Central Air Heating and Cooling Plus Electric Baseboard. All Utilities Included in Common Charges Except for Electricity and Cable/Internet Bill. . 1 Subway Stop From Midtown Manhattan & Conveniently Located With 7 Different Subway Lines (N,W,R,7,E,V,G) Just 2 Blocks Away. Pets Are Friendly in The Condo.

Last Agent to Sell the Property

Yu Wang

Compass Greater NY LLC License #10401272145 Listed on: 04/04/2022

Compass Greater NY LLC

Last Buyer's Agent

Yu Wang

Compass Greater NY LLC License #10401272145

Compass Greater NY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $549

Year Built

  • Built in 2019 | New Construction

Lot Details

  • No Common Walls

HOA Fees

  • $924 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 7th floor
  • Advanced Framing

Interior Spaces

  • 1-Story Property
  • No Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps/Is 78 Middle School
  • Long Island City High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • High-Rise Condominium
  • Eastern Star Subdivision, Star Tower Floorplan
  • Eastern Star Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$549

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$924 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: High Rise
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Eastern Star
  • Development Name: Eastern Star
  • Year Built: 2019
  • New Construction: Yes
  • Attribution Contact: 718-428-6888
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Common, Finished
  • Entry Level: 7
  • Total Bedrooms: 2

Exterior Features

  • Construction Materials: Advanced Framing Technique
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Electric, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association Fee: 924.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • Middle School: Ps/Is 78
  • High School: Long Island City High School
  • Middle School: Ps/Is 78

Lot Info

  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Dogs OK, Cats OK

Tax Info

  • Close Date: 2022-10-14
  • Tax Annual Amount: 549.00

MLS Schools

  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Oct 14, 2022
Sold by
Eastern Star Development Llc
Bought by
Wu Kevin and Yao Xinyu
Seller's Agent
Yu Wang
Compass Greater NY LLC
Buyer's Agent
Yu Wang
Compass Greater NY LLC
List Price
$1,509,888
Sold Price
$1,480,000
Premium/Discount to List
-$29,888
-1.98%
Current Estimated Value
$1,583,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,480
Avg. Annual Appreciation
2.25%
Original Mortgage
$814,000
Outstanding Balance
$783,198
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$800,282
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wu Kevin $1,507,010 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Kevin $814,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $1,480,000 -2.0% $1,205 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,509,888 -- $1,230 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $5,680 $155,460 $9,234 $146,226
2024 $5,680 $149,737 $9,234 $140,503
2023 $8,233 $167,120 $9,234 $157,886
2022 $7,836 $180,449 $9,234 $171,215
2021 $7,596 $157,844 $9,234 $148,610
Source: Public Records

Agents Affiliated with this Home

  • Yu Wang

    Seller's Agent in 2022

    Yu Wang

    Compass Greater NY LLC

    (718) 578-6666

    2 in this area

    13 Total Sales

    Yu Wang
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About Star Tower LIC

Map

Source: OneKey® MLS

MLS Number: KEY3388841

OneKey® MLS

APN: 00422-1040

New York Queens County Long Island City 11101 Long Island City

27-17 42nd Rd Unit 7E, Long Island City, NY

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