NOT LISTED FOR SALE

Estimated Value: $900,048 - $1,084,000

1 Bed
1 Bath
654 Sq Ft
9,235 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $670,000 $1,024 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,364/month

Highlights

  • Garage
  • 3-minute walk to Queensboro Plaza
  • 4-minute walk to Court Square Park
  • P.S./I.S. 78Q Early Childhood Center Rated A

About This Home

As of February 2022

Bringing the industrial feel into inviting living spaces, this exquisite 1 bedroom / 1 bathroom, spans across a spacious 654 SF. The residence features brick interior walls, rustic wood floors, and expansive windows. It adds old-fashioned character and prewar-inspired double-hung window frame views of the common landscaped terrace. The residence also features a 120 SF private balcony facing the garden terrace. Modern convenience is at the heart of Factory House's open kitchens, with fine rift-cut red oak cabinets, white Caesarstone countertops, stainless steel apron-front sinks with spring coiled faucets, pot fillers, a tile backsplash, efficient and easy-to-clean electric stove, and stainless steel appliances. Bathrooms feature Kohler tubs and Grohe faucets and are well-appointed and distinctive, combining the polish of Venetian bronze fixtures with uniquely distressed porcelain tiles in shower and floor.



Additionally, the residences includes an in-unit washer and dryer. Evoking Long Island City's industrial past, the Factory House's 1 to 4 bedroom condominiums reference the area's manufacturing legacy with a sleek warehouse feel. This new boutique residence revives a level of historic architectural detail often lost in new construction. Inside this 10-story building, sunlight floods through the airy two-story lobby's floor-to-ceiling windows to illuminate rustic porcelain tile, red brick walls and sculptural steel beams. A dramatic second-floor open balcony overlooks the lobby, a prime perch to admire the uniquely textured flooring and the ceiling's wooden joists. The Factory House offers a full range of services and amenities including an attended lobby, an on-site parking garage, and bicycle storage. On the second floor, the fitness center and children's playroom open onto a spacious landscaped resident terrace. On the third floor, the residents' library lounge provides a sun-filled space for reading, relaxing or socializing.



The Factory House is conveniently located between the Court Square and Queens Plaza neighborhoods of Long Island City. It is accessible via 7 different train lines including the 7, N, R, W, E, M, G, & F trains. Lastly, the building has been approved for a 15 year tax abatement, expiring in 2031.

Co-Listed By

Rick Rosa

Douglas Elliman Real Estate License #10301207199

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $420

Year Built

  • Built in 2016

Lot Details

  • 9,235

Parking

  • Garage

Home Design

  • 654 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Washer Dryer Allowed

Community Details

  • 37 Units
  • Factory House Condos
  • Queens Subdivision
  • 10-Story Property

Listing and Financial Details

  • Property Available on 2/1/22
  • Tax Block 00429

Condo Details

Home Type

Condominium

Est. Annual Taxes

$420

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Available Date: 2022-02-01

Listing Details

  • Cross Street: ED KOCH BR UPPER ROADWAY APPR and 43 AVENUE
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Queens (Other)
  • Entry Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 654.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Factory House
  • Units: 37
  • Total Stories: 10
  • Year Built: 2016

Tax Info

  • Tax Block: 00429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2016
Sold by
Rdg-Stonecutter 43Rd Ave Owner Llc
Bought by
Kuan Ming Tay and Ling Ee Sing Emily
Current Estimated Value
$1,000,262
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kuan Ming Tay $682,228 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Off Market $2,995 -- --
04/20/2022 04/20/22 Off Market $2,650 -- --
02/04/2022 02/04/22 Rented -- -- --
02/04/2022 02/04/22 Rented $2,995 +1.5% --
02/01/2022 02/01/22 Under Contract -- -- --
01/11/2022 01/11/22 For Rent $2,950 +5.4% --
01/08/2020 01/08/20 For Rent $2,800 +7.7% --
01/08/2020 01/08/20 Rented -- -- --
01/26/2018 01/26/18 Rented -- -- --
12/27/2017 12/27/17 Under Contract -- -- --
12/12/2017 12/12/17 For Rent $2,600 0.0% --
04/21/2017 04/21/17 Sold $670,000 +25183.0% $1,024 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
12/23/2016 12/23/16 Rented $2,650 0.0% --
12/06/2016 12/06/16 For Rent $2,650 -99.6% --
12/06/2016 12/06/16 Rented -- -- --
07/21/2015 07/21/15 For Sale $670,000 -- $1,024 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $420 $66,875 $5,690 $61,185
2024 $420 $61,766 $5,690 $56,076
2023 $412 $60,301 $5,690 $54,611
2022 $411 $60,144 $5,690 $54,454
2021 $412 $61,268 $5,690 $55,578
2020 $419 $63,510 $5,690 $57,820
2019 $424 $62,157 $5,690 $56,467
2018 $427 $54,454 $4,102 $50,352
2016 $217 $53,299 $3,281 $50,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10893343

Real Estate Board of New York (REBNY)

APN: 00429-1014