Estimated Value: $1,069,990 - $1,386,000
Highlights
- Rooftop Deck
- 2-minute walk to Vernon Boulevard-Jackson Avenue
- 2-minute walk to Gantry Plaza State Park
- P.S./I.S. 78Q Early Childhood Center Rated A
- Garage
About This Home
As of November 2018This rare opportunity to buy in The Galaxy is "out of this world." The massive 933 sq. ft. 1-bedroom is easily convertible into a spacious 2-bedroom unit (see floor plans for suggested options). It's insanely low common charges and 421-A tax abatement make this a great deal for anyone concerned about carrying costs.
***SELLER IS COVERING THE MANSION TAX***
The unit also comes with the option for a parking space. If you'd like, you can rent the space for an additional $250 a month, but renting the parking space is NOT a condition of the sale, it is simply an added bonus if you are interested. The parking garage is attached to the building and can be easily accessed without having to exit the building.
The southwest exposures and 7 oversized windows provide ample natural light throughout the apartment. Even gray days are met with more than enough light to enjoy the apartment without ever needing to flip a switch. The 11 ft. ceilings create a sense of loft-style living. The generous floorplan provides sufficient space to be extremely creative with the layout of the unit.
In addition to the substantial living space, the apartment also features an extremely large bedroom that could easily be divided into 2 separate bedrooms or a 1-bedroom + home office, or even a 1 bedroom + dream closet!
Not only that, but the living space is large enough to have an additional bedroom placed in there if you wanted to place your 2nd bedroom there or if you needed to design a 2-bed + home office.
Needless to say, there is more than enough opportunity with this unit to really make the space your own. It's definitely move-in ready as an oversized 1-bedroom, great for entertaining, or it could easily be converted into multiple layout options to meet your specific needs with minimal work required.
The building is located less than a block away from the 7 train and 2 blocks from the waterfront parks and Ferry terminal. It's location places you right next to all the best parts the Hunters Point section of Long Island City has to offer and makes commuting into and out of the city a breeze.
Comparatively speaking to other condos in the area, The Galaxy condo is a very low-impact building, having only 10 additional units. Enjoy BBQing with magnificent 360-degree views of Manhattan, Queens & Brooklyn on the beautifully appointed roof deck of this 6 story boutique building. Invite your friends over to catch the perfect view of the fireworks on the East River every 4th of July.
Don't miss this rare opportunity to own in a building with limited inventory and the most convenient location in Long Island City.
***There is currently an additional $51.13 monthly fee going to the RESERVE FUND that is not included in the common charges....this is due to expire in the next couple of months according to management
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $512
Year Built
- Built in 2008
HOA Fees
- $403 Monthly HOA Fees
Parking
- Garage
Home Design
- 933 Sq Ft Home
- Entry on the 2nd floor
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Legal Lot and Block 7501 / 32
Community Details
Overview
- Long Island City Subdivision
- 5-Story Property
Amenities
- Rooftop Deck
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sb Union Square Llc | $1,075,000 | -- | |
| Sb Union Square Llc | $1,075,000 | -- | |
| Benson Sonia | -- | -- | |
| Snow Russell | $692,000 | -- | |
| Snow Russell | $692,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Benson Sonia | $300,000 | |
| Previous Owner | Benson Sonia | -- | |
| Previous Owner | Snow Russell | $622,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2018 11/21/18 | Sold | $1,075,000 | 0.0% | $1,152 / Sq Ft |
| 10/26/2018 10/26/18 | Pending | -- | -- | -- |
| 09/06/2018 09/06/18 | For Sale | $1,075,000 | -- | $1,152 / Sq Ft |
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 | $10,463 | $83,378 | $7,986 | $75,392 |
| 2024 | $10,463 | $83,694 | $7,986 | $75,708 |
| 2023 | $10,266 | $82,116 | $7,986 | $74,130 |
| 2022 | $8,159 | $82,137 | $7,986 | $74,151 |
| 2021 | $6,236 | $82,049 | $7,986 | $74,063 |
| 2020 | $4,316 | $93,679 | $7,986 | $85,693 |
| 2019 | $2,286 | $90,289 | $7,986 | $82,303 |
| 2018 | $511 | $67,314 | $7,986 | $59,328 |
| 2017 | $511 | $61,428 | $7,985 | $53,443 |
| 2016 | $518 | $61,428 | $7,985 | $53,443 |
| 2015 | $405 | $58,037 | $8,707 | $49,330 |
| 2014 | $405 | $58,379 | $9,156 | $49,223 |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10433211
APN: 00032-1001
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Ask me questions while you tour the home.