---
title: "42-02 Crescent Street #12C, New York City, NY 11101"
description: "42-02 Crescent Street #12C, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $859,000. 1 bed, 1 bath, 578 sqft Illustrative Buyer Commission Share of $12,885 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-02-crescent-street-c-12C-ny-11101"
source: "Real Estate Rebate Team"
status: "Active"
---

# 42-02 Crescent Street #12C, New York City, NY 11101

Long Island City, New York City, NY

Courtesy of William J Farmer Inc

## At a Glance

- **Listing Price**: $859,000
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 578
- **Common Charges**: $851 / mo
- **Monthly Taxes**: $110 / mo
- **Price per Sqft**: $1,486
- **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**: $859,000
- **Illustrative Buyer Commission Share**: -$12,885*
- **Illustrative Net Cost**: $846,115

*Illustrative Buyer Savings of $12,885 — 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)

![42-02 Crescent Street #12C, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b44878b-9245-4a7f-8438-64ef32316ea6.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1b205dac-ea99-4301-89fd-c861c5e83621.png)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f666a31-f04c-4d76-b69f-e9a90f3a2a36.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3827a78c-b2ef-4b60-9daf-65808ab189c2.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da67879f-192e-440e-8ee9-b17ff49ccf28.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0965f1a7-1e53-4d61-a9b3-66ad955c60a7.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cdf23076-dcb0-4d4e-b29d-248f44b43c75.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6f16235-870a-4cc0-8f6b-aaf8b55461b6.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b552bd97-ca7d-4a28-a7dd-35add4ba854f.jpg)
![42-02 Crescent Street #12C, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dac27bef-0ba9-4525-a4d8-54a9873598d7.jpg)

## Property Overview

**HERO #12C – Bright 1-Bedroom in LIC’s Art-Moderne Landmark**

Welcome to unit 12C at HERO, a sun-filled 1-bedroom, 1-bath condo in one of Long Island City’s most distinctive new buildings. Positioned mid-tower on a quiet, tree-lined block just steps from Queens Plaza, this home blends thoughtful design, modern finishes, and everyday convenience.

Inside, an open layout maximizes space and natural light through large windows with southern and eastern exposure. Gorgeous hard wood flooring flows throughout, setting the stage for a chic living area, a chef’s kitchen with sleek cabinetry and stainless steel appliances. The generously sized bedroom easily accommodates a king bed and built-ins, while the spa-inspired bathroom features modern tile, a custom vanity, and a luxurious shower. An in-home washer/dryer adds true full-service living.

HERO is a full-service, amenity-rich condominium offering 24-hour concierge, a state-of-the-art fitness center, resident lounge, landscaped outdoor terrace, bike room, and on-site management. Located in the heart of Hunters Point, you’re moments from the Queens Plaza transit hub (N, W, R, M, E, F), Gantry Plaza State Park, waterfront promenades, top gyms, grocery stores, and some of LIC’s best restaurants and cafes.

With a 421-a tax abatement to 2034, this is an exceptional live-in or investment opportunity in a truly special building.

Schedule your private tour of 12C today and experience elevated LIC living at its finest.

*Some photos virtually staged.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 578 sqft
- **Year Built**: 2019
- **Price per Sqft**: $1,486
- **Common Charges**: $851 / Monthly
- **Monthly Taxes**: $110 / mo
- **Listed On**: Jul 14, 2026
- **Days on Market**: 62 Days

### Residence Features

- Central Air
- In Unit
- Private Outdoor Space Under 60 Sqft
- Dryer
- Dishwasher
- Washer

## Sales Evidence

### How this price compares

The median closed price for comparable condo one-bedroom sales in Long Island City is $945,000, based on 121 sales between September 2024 and July 2026. This home is asking $859,000, $86,000 below that median. The middle half of those sales closed between $863,832 and $1,050,000.

- **Median closed price**: $945,000
- **Middle half**: $863,832 – $1,050,000
- **Based on**: 121 condo one-bedroom sales in Long Island City
- **Period**: September 2024 – July 2026
- **Median $/ft²**: $1,523/ft²

Across the 104 of these sales with a published asking price, the median closed at 99.8% of what it originally asked. 50% of them closed below the original ask.

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

- **Sold vs original ask**: 99.8% of the original ask
- **Closed below ask**: 50% of 104 sales
- **Listed → in contract**: 48 days (about 7 weeks)
- **In contract → closed**: 85 days (about 12 weeks)

Across the 104 of these sales with a published asking price, the median closed at 99.8% of what it originally asked. 50% of them closed below the original ask.

Half of these homes were in contract within 48 days (about 7 weeks) of coming to market, based on the 103 with a recorded listing date.

Once a deal was agreed, closing took a further 85 days (about 12 weeks), based on the 102 with both dates recorded.

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.

Based on 121 condo one-bedroom sales in Long Island City, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house one-bedroom sales in Long Island City, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $848,000 | 13 |
| 2017 | $840,000 | 26 |
| 2018 | $766,890 | 34 |
| 2019 | $920,425 | 95 |
| 2020 | $862,665 | 48 |
| 2021 | $900,000 | 217 |
| 2022 | $980,256 | 78 |
| 2023 | $870,000 | 94 |
| 2024 | $950,146 | 66 |
| 2025 | $903,500 | 72 |
| 2026 | $975,000 | 27 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Long Island City instead.

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 42-02 Crescent Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-02-crescent-street)

## Price and Property History for 42-02 Crescent Street, Unit 12C

Review the recorded listing activity for 42-02 Crescent Street, Unit 12C, including asking-price changes and prior market dates.

- **Latest price change**: Increased by $9,000, or 1.1%, on July 14, 2026
- **Originally listed**: July 14, 2026 at $850,000
- **Current asking price**: $859,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 14, 2026 | $859,000 | Asking price increased by $9,000, or 1.1% |
| July 14, 2026 | $850,000 | Listed for sale by William J Farmer Inc |

## Property Tax History

Taxes at 42-02 Crescent Street #12C were $1,328 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $89,834 | $6,065 | $83,769 | $89,834 | $1,328 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $82,090 | $6,065 | $76,025 | $82,090 | $1,328 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $79,070 | $6,065 | $73,005 | $79,070 | $1,328 | 12.5% |
| 2023 (FY 2023/24) | $78,232 | $6,065 | $72,167 | $78,232 | $1,328 | 12.502% |
| 2022 (FY 2022/23) | $77,575 | $6,065 | $71,510 | $77,575 | $1,303 | 12.267% |
| 2021 (FY 2021/22) | $73,975 | $6,065 | $67,910 | $73,975 | $1,299 | 12.235% |
| 2020 (FY 2020/21) | $35,744 | $4,048 | $31,696 | $33,109 | $4,061 | 12.267% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 4004241058. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 42-02 Crescent Street

42-02 Crescent Street, Long Island City, NY 11101

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2019
- **Total Units**: 1

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-02-crescent-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [12C](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-02-crescent-street-c-12C-ny-11101) | 1 | 1 | 578 sqft | $1,486 | $859,000 (+1.1%) | William J Farmer Inc | Jul 14, 2026 | 61 days |

## Estimated Monthly Payment

**$5,305 / month**, assuming a 20% down payment ($171,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,344
- **Property Taxes**: $110
- **Common Charges**: $851

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

## 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)
- [Astoria real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria)
- [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint)
- [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

- [42-02 Crescent Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-02-crescent-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.