Seller's Agent in 2025
Chikako Fissel
Douglas Elliman Real Estate
(646) 488-6591
1 in this area
2 Total Sales
42-60 Crescent St Unit 7D Long Island City, NY 11101
Long Island City Neighborhood
2
Beds
2
Baths
1,191
Sq Ft
$815/mo
HOA Fee
Highlights
- Rooftop Deck
- 3-minute walk to Queensboro Plaza
- Children's Playroom
- P.S./I.S. 78Q Early Childhood Center Rated A
- City View
- 4-minute walk to Court Square Park
About This Home
As of September 2025421 TAX ABATEMENT IN PLACE
The Factory House is nestled in the heart of the Court Square district in Long Island City , just one block from all major subway lines and one stop to Manhattan (N, W, R, E, M) and several additional routes (7, G) providing seamless access to Manhattan.
This expansive 1,191-square-foot residence features an open-concept kitchen that flows effortlessly into a spacious living and dining area-entertaining guests or simply enjoying everyday comfort. A modern wall, blending rustic charm with industrial flair, adds a striking design element, complemented by custom blackout curtains for added privacy and ambiance. This space harmoniously connects to a beautifully framed, oversized east-facing window, offering sweeping views of Long Island City.
The open kitchen has a large white quartz countertop, ducted ventilation, and tons of cabinets-a Bosch refrigerator, a Bosch microwave, and an easily clean electric stove top. Bathrooms showcase Kohler tubs, Grohe faucets, and distinctive Venetian bronze fixtures. Enjoy the convenience of an in-unit washer and dryer. The 10-story building boasts a two-story lobby with floor-to-ceiling windows, red brick walls, and sculptural steel beams. Amenities include a full-time super, playroom, fitness center, roof deck, library lounge, and billiards room. On-site parking, personal storage, and bicycle storage are subject to availability. The seller offers personal storage, which comes with the sales price.
421-a tax abatement through June 30, 2032 .
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10401251278 Listed on: 04/15/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $730
Year Built
- Built in 2016
HOA Fees
- $815 Monthly HOA Fees
Parking
- Garage
Home Design
- Entry on the 7th floor
Interior Spaces
- 1,191 Sq Ft Home
- City Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Utilities
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 1029 / 00429
Community Details
Overview
- 37 Units
- High-Rise Condominium
- Factory House Condos
- Long Island City Subdivision
- 10-Story Property
Amenities
- Rooftop Deck
- Children's Playroom
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2016
Sold by
Rdg-Stonecutter 43Rd Ave Owner Llc
Bought by
Fissel Grant D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,000
Outstanding Balance
$798,668
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$733,869
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,415,114 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,171 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $988,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $1,470,000 | -1.3% | $1,234 / Sq Ft |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | Price Changed | $1,490,000 | -2.0% | $1,251 / Sq Ft |
| 05/03/2025 05/03/25 | Price Changed | $1,520,000 | -4.4% | $1,276 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $1,590,000 | +15.6% | $1,335 / Sq Ft |
| 04/05/2017 04/05/17 | Sold | $1,375,000 | 0.0% | $1,154 / Sq Ft |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 09/23/2015 09/23/15 | For Sale | $1,375,000 | -- | $1,154 / 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 | $730 | $107,829 | $9,885 | $97,944 |
| 2024 | $730 | $107,301 | $9,885 | $97,416 |
| 2023 | $730 | $104,757 | $9,885 | $94,872 |
| 2022 | $714 | $104,483 | $9,885 | $94,598 |
| 2021 | $716 | $106,437 | $9,885 | $96,552 |
| 2020 | $728 | $110,332 | $9,885 | $100,447 |
| 2019 | $1,131 | $107,980 | $9,885 | $98,095 |
| 2018 | $921 | $94,599 | $7,126 | $87,473 |
| 2016 | $0 | $92,593 | $5,701 | $86,892 |
Source: Public Records
Agents Affiliated with this Home
-
Chikako Fissel
-
Rick Rosa
Seller's Agent in 2017
Rick Rosa
Douglas Elliman Real Estate
(646) 299-2096
1 in this area
39 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20016660
APN: 00429-1029
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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