42-60 Crescent Street, #PH10C, Queens (Long Island City), NY, 11101 | $2,800,000

Deeded parking space available for separate purchase.
Residence includes a private storage unit.
Tax abatement until June 2032!

Perched on the top floor of Factory House - where the entire 10th floor is shared by only two residences - this exceptional 3-bedroom, 2-bathroom penthouse offers a rare combination of luxury, privacy, and panoramic skyline views. Spanning 1, 466 square feet of interior living space and a professionally landscaped 1, 332-square-foot private rooftop terrace with unobstructed Manhattan skyline views, this is urban living at its most refined.

Gut-renovated in 2022, every detail of this home was thoughtfully considered. Soaring ceilings and double-pane windows throughout frame sweeping southern and eastern exposures over Long Island City - filling the space with natural light.

The custom-designed open kitchen is a showpiece: high-end wood cabinetry, Italian marble countertops and backsplash sourced from ABC Stone (protected by Tuffskin film for effortless maintenance), and a striking Italian waterfall glass chandelier imported directly from Italy. Appliances are top-of-the-line, including a Miele dishwasher, Viking electric cooktop, Viking wall oven, Viking double-door refrigerator, and a large stainless steel sink with garbage disposal. A reverse-osmosis, high-pH water filtration system and Moen brushed gold fixtures complete the space. The primary bedroom includes a spacious walk-in closet and an en-suite bathroom. Additional conveniences include an in-unit washer/dryer, a dedicated storage room, and deeded in-building parking and storage available for purchase. Fully renovated bathrooms feature luxury marble-patterned tile, marble-top vanities, fog-proof mirrors, brushed gold showerheads, and glass shower doors.

Accessible exclusively from within the apartment, the 1, 332-square-foot rooftop terrace is a true retreat above the city. Professionally landscaped and thoughtfully designed for four-season enjoyment, it features custom teak planters with seasonal blooms, a wisteria-covered pergola for natural shade, installed glass panels for wind protection, and automatic lighting and irrigation systems - so you get all the pleasure of a private garden with virtually none of the upkeep. Elegant Pottery Barn outdoor furnishings are included in the sale. Whether you're hosting friends, letting pets roam, or simply unwinding, this terrace functions as an extension of your living space.

Factory House is a pet-friendly building offering a fitness center, children's playroom, library lounge, and a shared resident terrace. Situated at the heart of Long Island City, the building is less than a five-minute walk to the 7, N, W, R, E, M, and G trains - connecting you to the rest of the city with ease. The neighborhood is safe, vibrant, and walkable, with an array of popular restaurants, cafes, and grocery options just steps away, nestled between the Queensboro Plaza and Court Square stations.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 10
  • Amenities: Bike Room; Garage; Fitness Room; Nursery; Lounge; Roof Deck;
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: None
  • Complex: Factory House
  • Year Built: 2015
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Service Level: Concierge
  • OLR#: RLS20085457
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/RLS20085457/4260crescentstreet_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 Corcoran Group

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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

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42-60 Crescent Street, #PH10C, Queens (Long Island City), NY, 11101

$2,800,000

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 $2,240,000 $2,240,000 $2,240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,718 $13,792 $18,902
Total Monthly Payment $12,843 $13,917 $19,027

* 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.