42-60 Crescent Street, #5-A, Queens (Long Island City), NY, 11101 | $1,950,000

Stunning Corner 3-Bedroom, 2-Bath Residence at Factory House – Prime Long Island City
Welcome to this exceptional three-bedroom, two-bathroom corner home at Factory House, where industrial-chic design meets modern comfort in the heart of Long Island City.
Stretching the full length of the building, this bright and airy residence spans multiple exposures, showcasing exposed brick accent walls, rustic wide-plank wood flooring, and vintage-inspired double-hung casement windows that bathe the home in natural light while offering timeless architectural charm.
INTERIOR FEATURES
Upon entry, you're welcomed by a U-shaped sizeable kitchen that opens into the spacious living and dining area, perfect for everyday living and entertaining. The kitchen is outfitted with:
Premium rift-cut red oak cabinetry
Elegant white Caesarstone countertop with tile backsplash
Stainless steel apron-front sink with spring-coiled faucet and pot filler
An energy-efficient electric range cooktop, hood, and a full suite of stainless steel appliances.
The king-size primary suite features dual exposures, five large windows, and a tranquil ambiance. An amber-sized walk-in closet and the en-suite bathroom outfitted with a luxurious walk-in shower. Venetian bronze fixtures. Distressed porcelain tiles. Floating vanity that adds a spa-like aesthetic.
The 2nd and 3rd bedrooms are located across from the second bathroom, which can fit a queen- or full-sized bed. The ceilings are high enough to accommodate bunk beds, offering extra flexibility. Large windows flood the rooms with natural light, creating cheerful, inviting spaces.
The second full bathroom features a Kohler deep-soaking tub for relaxation, Grohe fixtures, and a Vigo sink paired with a tigerwood vanity. An in-unit laundry room with additional storage and a full-sized washer/dryer combo unit adds practical convenience.
ADDITIONAL FEATURES
- A storage unit is included with the apartment
- 421-A tax abatement through June 30, 2032
- Low combined HOA fee and tax of $1, 100/month
- Deeded indoor EV parking space and a storage unit available for purchase
- (Disclaimer: All images are of the actual apartment; furniture is virtually staged to illustrate layout potential. )

Building Highlights
- Low-density living. Only 37 residences.
- Full-time superintendent.
- A spacious landscaped resident terrace with a barbecue area.
- Fully equipped fitness center.
- Children’s playroom.
- Bike storage.
- Library lounge for reading and relaxing.
- Resident lounge and game room with billiards for socializing.

Prime LIC Location
The Factory House is conveniently located between the Queensboro Plaza, Queens Plaza, and Court Square subway stations. Multiple subway lines, including the 7, N, W, R, E, M, and G trains, are all within a short distance, making your daily commute easy and convenient.
Many popular local restaurants and cafes. Trader Joe's, Food Cellar, Walgreens, Target, Sweetgreen, Starbucks, Partners, Jacx & Co. , and numerous other options are all within minutes of the building.

This is a rare opportunity to own a corner three-bedroom home with authentic character, quality finishes, and long-term tax savings, all in one of LIC’s most vibrant neighborhoods.
Schedule your private showing today!

Features

  • Town: Queens
  • Cooling: Through the Wall
  • Levels: 10
  • Amenities: Bike Room; Garage; Fitness Room; Nursery; Lounge; Roof Deck;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Factory House
  • Year Built: 2015
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • Concierge: Yes
  • LobbyAttendant: FullTime
  • OLR#: 1484558
  • Days on Market: 116 days
  • Website: https://www.raveis.com
    /prop/1484558/4260crescentstreet_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Modern Spaces, LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

42-60 Crescent Street, #5-A, Queens (Long Island City), NY, 11101

$1,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,560,000 $1,560,000 $1,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.875% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.925% 5.858% 5.681%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,256 $9,104 $12,747
Total Monthly Payment $8,381 $9,229 $12,872

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.