---
title: "40-21 27th Street #5W, New York City, NY 11101"
description: "40-21 27th Street #5W, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $1,300,000. In contract 6/10/2026. 2 bed, 2 bath, 1,812 sqft Illustrative Buyer Commission Share of $19,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/40-21-27th-street-w-5W-ny-11101"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 40-21 27th Street #5W, New York City, NY 11101

Long Island City, New York City, NY

**Sponsor Residence**

Courtesy of CHARNEY REAL ESTATE LLC

## At a Glance

- **Listing Price**: $1,300,000
- **Status**: In contract 6/10/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,812
- **Common Charges**: $468 / mo
- **Monthly Taxes**: $1,347 / mo
- **Price per Sqft**: $717
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,300,000
- **Illustrative Buyer Commission Share**: -$19,500*
- **Illustrative Net Cost**: $1,280,500

*Illustrative Buyer Savings of $19,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![40-21 27th Street #5W, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92169db7-d350-445b-93f0-0b0299716d0b.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/81aeff45-08a3-457a-82cb-4bb1e6dc8dde.png)
![40-21 27th Street #5W, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8c510191-c4e9-4c82-8667-2f7b6559e50f.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3597e3c3-08d5-42ec-9ee5-2de6706b6e0e.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff3db0f7-28a2-4010-b0a6-5abb5c01e2dc.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9993dcc-c7ec-4b01-9d3c-4f44fda542c5.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d5f0212d-3a76-4224-936a-8916d1be81c9.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0cea4384-3a97-48d1-a9f9-ee093f611f2f.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e0be81a-bf01-4522-9b72-a60c33b56572.jpg)
![40-21 27th Street #5W, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d2e2297-8808-4f0e-8c66-4eebe90ee2fb.jpg)

## Property Overview

An Iconic Sun-Drenched 2-Bedroom — Exceptionally Positioned with Western Views & a Private Balcony

Now Offering a Limited-Time “Live For Free” Incentive: One Year of Common Charges & Real Estate Taxes Covered.*

Introducing Residence #5W, a beautifully designed 2-bedroom home offering bright, open living and a private outdoor balcony ideal for entertaining or quiet relaxation. Floor-to-ceiling windows flood the residence with natural light, enhancing the warmth of the interiors and creating an airy, inviting atmosphere throughout.

The interiors are both warm and refined, featuring Canadian maple wood flooring and a thoughtfully designed open-concept living and dining area. The chef’s kitchen is elegantly appointed with soft-close cabinetry, premium quartz countertops, and a suite of Bosch and Samsung appliances, including an externally vented range hood.

Step outside to your private balcony — generously sized to accommodate dining and entertaining — offering a seamless extension of the living space and a perfect setting for hosting or unwinding in the open air.

Additional features include individually controlled heating and cooling in every room, an in-unit Bosch washer and dryer, and a beautifully finished bathroom with large-format tile and a sleek floating vanity. Storage and parking are available for separate purchase.

Residents enjoy access to a landscaped rooftop deck with sweeping city views, all just moments from Queensboro Plaza, Queens Plaza, and Queensbridge subway lines, offering effortless access to Manhattan and beyond.

The complete Offering Terms are available in an Offering Plan from the Sponsor. File No. CD 24-0284. Listing photography may include virtual staging to illustrate potential layouts and design possibilities.

*Incentives are discretionary, subject to sponsor approval, and may be modified, suspended, or withdrawn at any time without notice. Offers are available for a limited time and apply only upon a fully executed contract. All terms are subject to the provisions of the offering plan and final contract of sale.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 1,812 sqft
- **Stories**: 6
- **Year Built**: 2025
- **Price per Sqft**: $717
- **Common Charges**: $468 / Monthly
- **Monthly Taxes**: $1,347 / mo
- **Listed On**: Apr 1, 2026
- **Days on Market**: 169 Days

### Residence Features

- Central
- In Unit
- Balcony
- Building Balcony
- Private Outdoor Space Over 60 Sqft

## Estimated Monthly Payment

**$8,389 / month**, assuming a 20% down payment ($260,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,574
- **Property Taxes**: $1,347
- **Common Charges**: $468

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

8 apartments at 40-21 27th Street have recorded sales since September 2021, the most recent for $1,350,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 3W (Apartment) | 2 | 940 | $1,350,000 | $1,436/ft² | July 1, 2026 | MLS |
| 3B (Apartment) | 2 | 1,150 | $1,631,500 | $1,419/ft² | March 20, 2026 | City record |
| 4B (Apartment) | — | 933 | $1,374,638 | $1,473/ft² | February 18, 2026 | City record |
| 6B (Apartment) | — | 556 | $820,000 | $1,475/ft² | January 6, 2026 | City record |
| 6A (Apartment) | — | 616 | $903,951 | $1,467/ft² | December 22, 2025 | City record |
| 4A (Apartment) | — | 939 | $1,374,638 | $1,464/ft² | December 18, 2025 | City record |
| 5B (Apartment) | — | 933 | $1,365,000 | $1,463/ft² | December 15, 2025 | City record |
| Entire property (Mixed Use) | 4 | 2,600 | $1,650,000 | $635/ft² | February 10, 2022 | MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $1,300,000
- **Median sold price**: $1,495,000
- **Difference**: -$195,000 (-13%)
- **This home, $/ft²**: $717
- **Median $/ft²**: $1,520
- **Comparable sales**: 108
- **Sales from**: September 2024 – July 2026
- **Middle half of those sales**: $1,320,284 – $1,636,125

Based on condo two-bedroom sales in Long Island City.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Long Island City instead.

### How these sales were negotiated

- **Sale-to-list price**: 98.8% (93 sales)
- **Sold below asking**: 57% (93 sales)
- **Typical time to find a buyer**: 55 days (91 sales)
- **Typical time to close**: 62 days (92 sales)

Based on condo two-bedroom sales in Long Island City with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, condo and house two-bedroom sales in Long Island City

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $1,369,546 | 11 |
| 2017 | $1,266,498 | 20 |
| 2018 | $1,272,813 | 23 |
| 2019 | $1,410,980 | 70 |
| 2020 | $1,344,090 | 43 |
| 2021 | $1,433,000 | 207 |
| 2022 | $1,380,268 | 90 |
| 2023 | $1,437,866 | 90 |
| 2024 | $1,410,037 | 60 |
| 2025 | $1,480,000 | 56 |
| 2026 YTD | $1,571,000 | 36 |

Based on recorded condo and house two-bedroom sales in Long Island City. 2026 is year-to-date.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 40-21 27th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/40-21-27th-street)

## Price and Property History for 40-21 27th Street, Unit 5W

Review the recorded listing activity for 40-21 27th Street, Unit 5W, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| June 10, 2026 | $1,300,000 | Listing removed from the market |
| June 10, 2026 | $1,300,000 | Entered contract |
| April 1, 2026 | $1,300,000 | Listed for sale by CHARNEY REAL ESTATE LLC |

## About The Building

### 40-21 27th Street

Long Island City · Condominium

40-21 27th Street, Long Island City, NY 11101

A building in Long Island City, currently featuring 1 active listing.

- **Year Built**: 2025
- **Active Units**: 1
- **Floors**: 6

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/40-21-27th-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [6C](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/40-21-27th-street-6c-ny-11101) | 1 | 1 | 724 sqft | $1,236 | $895,000 | CHARNEY REAL ESTATE LLC | Aug 26, 2026 | 21 days |
| [5W](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/40-21-27th-street-w-5W-ny-11101) | 2 | 2 | 1,812 sqft | $717 | $1,300,000 — In contract | CHARNEY REAL ESTATE LLC | Apr 1, 2026 | 168 days |

## Long Island City

Overview of Long Island City

[Explore Long Island City](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Long Island City

- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Sunnyside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside)
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- [Woodside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/woodside)
- [Upper East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)

## Related Links

- [40-21 27th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/40-21-27th-street)
- [Long Island City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
