NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,355,000

2 Beds
2 Baths
-- Sq Ft
2017 Built

Last Sold April 04, 2017

Last sale price $995,000

Est. 24% increase in value since last sale

Current estimated payment $6,871/month

Highlights

  • Rooftop Deck
  • 7,500 Sq Ft lot
  • North Facing Home
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Garage
  • 4-minute walk to Gantry Plaza State Park

About This Home

As of July 2023

Welcome to 47-05 5th Street, a beautiful building built in 2017 where modern elegance meets the serene beauty of the waterfront. This stunning 2-bedroom, 2-bathroom apartment is now available for rent, offering a coveted lifestyle in one of Long Island City's most desirable locations.
The Monarch is a beautifully constructed condominium located one block from the LIC Waterfront, Gantry State Park, and the Long Island City Landing. Located centrally to daily necessities, including the Food Cellar gourmet supermarket, Duane Reade and CVS drugstores, and a Kitchen Plus More hardware store, The Monarch is the ideal boutique Long Island City condominium space.
At The Monarch you will find luxury finishes at every turn, including a fully-equipped gym, WiFi lounge, sun deck with BBQ grill, and a convenient virtual doorman. Secure bike storage is also included.
The inside of this 2 bedroom 2 baths home is also designed with comfort in mind. Engineered wood, Bosch appliances, and porcelain tiled bathrooms will inspire you to decorate to your heart's content.
The location is unbeatable, with easy access to the waterfront promenade, perfect for leisurely walks or morning runs. Long Island City offers a vibrant community with a plethora of dining, shopping, and entertainment options, all within reach. Commuting is a breeze, thanks to the nearby subway and ferry services, providing quick and convenient access to Manhattan and other parts of New York City.
Don't miss this opportunity to experience luxury living at its finest in Long Island City. Contact us today to schedule a viewing and make this magnificent 2-bedroom, 2-bathroom apartment your new home!

Last Agent to Rent the Property

Carlos Simones

Serhant License #10401217751 Listed on: 07/10/2023

Serhant

Co-Listed By

Kayla Lee

Serhant License #10301221090

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • North Facing Home

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Listing and Financial Details

  • Property Available on 7/17/23
  • Tax Block 00029

Community Details

Overview

  • 21 Units
  • Hunters Point Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Available Date: 2023-07-17

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Hunters Point
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 7500.0
  • Lot Size Dimensions: 75.0 x 100.0

Building Info

  • New Construction: No
  • Units: 21
  • Total Stories: 6
  • Year Built: 2017

Tax Info

  • Tax Block: 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Mar 22, 2017
Sold by
47-05 5Th Street Llc
Bought by
Ytuarte Miguel Angel
Seller's Agent
Christina DeCurtis
Modern Spaces
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,232,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,146
Avg. Annual Appreciation
2.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ytuarte Miguel Angel $1,013,159 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Rented $5,450 0.0% --
07/10/2023 07/10/23 For Rent $5,450 -99.5% --
12/11/2017 12/11/17 Rented -- -- --
11/11/2017 11/11/17 Under Contract -- -- --
10/12/2017 10/12/17 For Rent -- -- --
04/04/2017 04/04/17 Sold $995,000 0.0% $1,212 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $995,000 -- $1,212 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,678 $103,560 $17,370 $86,190
2024 $5,678 $100,303 $17,370 $82,933
2023 $3,319 $97,417 $17,370 $80,047
2022 $1,083 $97,127 $17,370 $79,757
2021 $1,083 $98,231 $17,370 $80,861
2020 $1,089 $100,782 $17,370 $83,412
2019 $1,113 $98,629 $17,370 $81,259
2018 $1,123 $93,099 $12,419 $80,680
2017 $11,413 $89,731 $10,507 $79,224
2016 $0 $89,731 $10,507 $79,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10870477

Real Estate Board of New York (REBNY)

APN: 00029-1318