Seller's Agent in 2024
Lily Xie
Keller Williams Rty Gold Coast
(917) 821-3250
1 in this area
47 Total Sales
IVY28 42-37 27th St Unit 5B Long Island City, NY 11101
Long Island City NeighborhoodEstimated Value: $659,000 - $806,000
1
Bed
1
Bath
--
Sq Ft
$512/mo
HOA Fee
Highlights
- Bridge View
- 2-minute walk to Queensboro Plaza
- Cooling System Mounted In Outer Wall Opening
- P.S./I.S. 78Q Early Childhood Center Rated A
- Main Floor Bedroom
- 4-minute walk to Dutch Kills Green
About This Home
As of March 2024The IVY 28 is a unique boutique style condominium located in the heart of the vibrant Long Island City. Unit 5B is on the 5th floor of an elevator building, featuring a true large one bedroom with modern accents and high 11 feet ceilings to offer a spacious and airy feeling. This corner apartment is filled with abundant lighting and with unbeatable sunset and city views, including the Manhattan skyline and the Queensborough Bridge. There is a roomy kitchen that effortlessly inspires any meal, and a living room area to enjoy all your home entertainment needs. Top of a line kitchen fixtures, such as stainless steel appliances, porcelain tile flooring, granite counter tops, custom wood cabinetry, GE range, and Liebherr oversize refrigerator. The building offering a common courtyard, an oversize panoramic roof deck and a secured package room for all your deliveries! There is a laundry on site with unlimited free access for all the residents. Virtual doorman and on-site superintendant are also featured in the building. The extremely low maintenance and the tax abaetment ending in 2031 complete the perfect combination of comfort and affordable living in the epicenter of Long Island City! The Ivy 28 is located in the center of major shopping and dining areas, City Acres Market, Trader Joes and Koufuku market are at short distance. MOMA PS1 is also 5mn away from the building and Major subway lines are nearby to commute swiftly anywhere (7/N/R/M/E/G)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $633
Year Built
- Built in 2014 | Remodeled in 2023
Lot Details
- 4,487
HOA Fees
- $512 Monthly HOA Fees
Property Views
- Bridge
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- 1 Full Bathroom
Schools
- Ps/Is 78 Middle School
- Long Island City High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Additional Features
- Laundry in unit
- No Common Walls
Listing and Financial Details
- Assessor Parcel Number 00431-1015
Community Details
Overview
- Mid-Rise Condominium
- 1 Br
- 6-Story Property
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2023
Closed on
Mar 14, 2024
Sold by
Chen Tao and Lin Xiaolin
Bought by
Choi Raymond and Choi Sau Ling
Seller's Agent
Lily Xie
Keller Williams Rty Gold Coast
Buyer's Agent
Lily Xie
Keller Williams Rty Gold Coast
List Price
$735,000
Sold Price
$720,000
Premium/Discount to List
-$15,000
-2.04%
Views
264
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
$17,076
Avg. Annual Appreciation
1.59%
Purchase Details
Closed on
Oct 23, 2015
Sold by
Queens Plaza 27 Inc
Bought by
Chen Tao and Lin Xiaolin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Choi Raymond | $720,000 | -- | |
| Choi Raymond | $720,000 | -- | |
| Chen Tao | $661,862 | -- | |
| Chen Tao | $661,862 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen Tao | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2024 03/14/24 | Sold | $720,000 | -2.0% | -- |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 10/22/2023 10/22/23 | For Sale | $735,000 | -- | -- |
Source: OneKey® MLS
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 | $645 | $80,723 | $6,880 | $73,843 |
| 2024 | $645 | $75,619 | $6,880 | $68,739 |
| 2023 | $645 | $75,514 | $6,880 | $68,634 |
| 2022 | $630 | $88,245 | $6,880 | $81,365 |
| 2021 | $633 | $69,369 | $6,880 | $62,489 |
| 2020 | $644 | $78,545 | $6,880 | $71,665 |
| 2019 | $645 | $79,506 | $6,880 | $72,626 |
| 2018 | $656 | $81,276 | $5,474 | $75,802 |
| 2017 | $656 | $91,194 | $4,663 | $86,531 |
| 2016 | $665 | $91,194 | $4,663 | $86,531 |
| 2015 | -- | $113,809 | $3,057 | $110,752 |
Source: Public Records
Agents Affiliated with this Home
-
Lily Xie
About IVY28
Map
Source: OneKey® MLS
MLS Number: KEY3512093
APN: 00431-1015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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