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Bright South-Facing Loft-Style Alcove Studio with Flexible 1-Bedroom Layout at The Powerhouse
Experience the perfect blend of industrial charm and modern functionality in this sun-drenched, south-facing alcove studio at The Powerhouse, one of Long Island City’s most iconic full-service luxury buildings. Offering 758 sq. ft. of open, airy interior space, this loft-style residence is thoughtfully designed for flexibility and can easily be converted into a true 1-bedroom. The spacious, open layout features a generous home office alcove that comfortably accommodates a king-size bed and a dresser. To further customize the space, a sliding door can be installed to fully enclose the alcove, creating a private bedroom.
Other standout features include 10-foot ceilings and oversized windows that flood the home with natural light. American walnut hardwood floors throughout
Two oversized closets and a linen closet offer excellent storage. In-unit new washer and dryer for everyday convenience
Individually controlled PTAC heating and cooling systems in each room
The open chef’s kitchen is designed for both functionality and style, featuring:
Sleek white lacquer cabinetry
Glass tile backsplash
Quartzite countertops
Wengewood sushi-style breakfast bar
Premium stainless steel appliances, including a Viking refrigerator
Disclaimer: Listing photos include virtual staging to illustrate possible furniture placement and layout options. All images reflect the actual apartment.
The Powerhouse: Where History Meets Luxury
Once the Pennsylvania Railroad Power Station, The Powerhouse has been reimagined into a luxury condominium by celebrated architect Karl Fisher and interior designer Andres Escobar. The building is renowned for its spacious layouts, unique industrial details, and superb amenities.
Amenities Include:
24/7 concierge and live-in resident manager
State-of-the-art fitness center
Spa with whirlpool, sauna, and steam room
Residents’ lounge with pool table and wet bar
Media room and business center
Children’s playroom
Bicycle and cold storage
Expansive rooftop terrace with panoramic skyline views, BBQ grills, picnic tables, and sun deck
On-site rental parking is available next door.
Prime Long Island City Location
Ideally located just 5 minutes from the 7 train—only one stop to Grand Central—and close to the East River Ferry, Gantry Plaza State Park, and scenic waterfront walkways. The Powerhouse offers a peaceful yet vibrant lifestyle, with Vernon Boulevard’s popular restaurants, bars, cafés, and shops just one block away. Essentials like Food Cellar, Urban Market, Dumbo Market, Duan Read, and CVS are also right around the corner.
Vernon Boulevard’s vibrant dining scene, featuring cafes, boutiques, and Michelin-rated restaurants
Don’t miss this rare opportunity to own a light-filled, flexible loft in one of LIC’s most desirable buildings.
Schedule your private showing today!
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.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.
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$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| 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 | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $360 | $360 | $360 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,704 | $4,085 | $5,720 |
| Total Monthly Payment | $4,156 | $4,537 | $6,172 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.