--- title: "42-14 CRESCENT Street #5B, New York City, NY 11101" description: "42-14 CRESCENT Street #5B, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $660,000. In contract 7/23/2026. 1 bed, 1 bath, 720 sqft Illustrative Buyer Commission Share of $9,900 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-14-crescent-street-b-5B-ny-11101" source: "Real Estate Rebate Team" status: "Pending" --- # 42-14 CRESCENT Street #5B, New York City, NY 11101 Long Island City, New York City, NY Courtesy of Serhant ## At a Glance - **Listing Price**: $660,000 - **Status**: In contract 7/23/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 1 - **Baths**: 1 - **Sqft**: 720 - **Common Charges**: $1,400 / mo - **Price per Sqft**: $917 - **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**: $660,000 - **Illustrative Buyer Commission Share**: -$9,900* - **Illustrative Net Cost**: $650,100 *Illustrative Buyer Savings of $9,900 — 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) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b6948605-e468-4e9c-b2ec-a13c4572c3e2.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4bb3dacd-f681-4c55-bee3-f354cf07cd4a.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f27f95ce-48d7-4d88-b807-da49e33a6a18.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0930a11f-13ab-4e0f-a1a0-49ac2d071919.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfda81c8-af50-4c1e-8f23-687fea273c82.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6131ef1-2f05-4a00-af4a-99cff564d735.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e1b89cf-4d98-47ec-893c-bdef890f547e.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e9234739-a0d8-4780-9afb-050c20473807.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14f884b1-8086-4f02-ac04-dc005542306a.jpg) ![42-14 CRESCENT Street #5B, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f1630b4-0c8a-4263-b70f-ba4b2f6c09b2.jpg) ## Property Overview Best-in-Class 1BR at The Independent 720 SF of Turnkey Luxury 5 Minutes from Manhattan A rare opportunity to own a properly scaled one-bedroom in one of Long Island City's most sought-after boutique Condop buildings. Residence 5B at The Independent is a sprawling 1 bedroom, offering a level of space and livability that clearly outperforms typical one-bedroom inventory in the area. The layout is both efficient and livable, with a true separation between living, dining, and sleeping areas. Natural light pours through oversized west facing windows, enhancing the home's clean lines and modern finish. The eat-in kitchen is sleek and functional, complete with premium appliances and Caesarstone countertops, seamlessly integrating into the living space while still maintaining definition. Accompanied by i n-unit washer and dryer, central air, strong closet space, and a turnkey condition that requires zero immediate work. The Independent is a 2016-built boutique co-op known for delivering a full-service lifestyle without the scale or congestion of larger developments. Residents enjoy a curated amenity package including a fitness center, resident lounge with billiards, landscaped courtyard, virtual doorman system, live-in super, and a roof deck with sweeping skyline views. Location is where this truly becomes compelling - positioned just off Queensboro Plaza and Court Square, you have direct access to multiple subway lines (N/W/7/E/M/R/G), making Manhattan and Brooklyn easily accessible within minutes. Inquire for a private viewing. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 720 sqft - **Stories**: 13 - **Year Built**: 2016 - **Price per Sqft**: $917 - **Common Charges**: $1,400 / Monthly - **Listed On**: May 13, 2026 - **Days on Market**: 122 Days ### Residence Features - In Unit - Building Roof Deck - High Ceilings - Dishwasher - Bridge(s) - City Lights - City - River ## Sales Evidence ### Recent closed sales 25 apartments at The Independent have recorded sales since September 2021, the most recent for $525,000 in February 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 8C (Apartment) | Studio | 503 | $525,000 | $1,044/ft² | February 14, 2024 | City record · MLS | | 3-A (Apartment) | 1 | 688 | $549,000 | $798/ft² | September 14, 2023 | City record · MLS | | 12-B (Apartment) | 1 | 714 | $655,000 | $917/ft² | June 20, 2023 | City record · MLS | | 12-A (Apartment) | 2 | 1,184 | $990,000 | $836/ft² | May 24, 2023 | City record · MLS | | PH-A (Apartment) | 2 | 1,400 | $1,326,975 | $948/ft² | May 23, 2023 | City record · MLS | | 9-B (Apartment) | 1 | 714 | $635,000 | $889/ft² | February 1, 2023 | City record · MLS | | 12-C (Apartment) | Studio | 503 | $480,000 | $954/ft² | January 12, 2023 | City record · MLS | | 6-B (Apartment) | 1 | 714 | $620,000 | $868/ft² | October 3, 2022 | City record · MLS | | 3-B (Apartment) | 1 | 714 | $582,948 | $816/ft² | September 9, 2022 | City record · MLS | | 6-A (Apartment) | 1 | 688 | $630,000 | $916/ft² | June 16, 2022 | City record · MLS | | 4-A (Apartment) | 1 | 688 | $629,474 | $915/ft² | June 6, 2022 | City record · MLS | | 10-A (Apartment) | 2 | 1,184 | $1,002,976 | $847/ft² | April 27, 2022 | City record · MLS | | 12-D (Apartment) | Studio | 419 | $525,000 | $1,253/ft² | April 26, 2022 | City record · MLS | | 11-D (Apartment) | Studio | 419 | $520,000 | $1,241/ft² | March 24, 2022 | City record · MLS | | 6-D (Apartment) | Studio | 376 | $450,000 | $1,197/ft² | January 7, 2022 | City record · MLS | | 4-C (Apartment) | 1 | 704 | $630,000 | $895/ft² | January 6, 2022 | City record · MLS | | 5-C (Apartment) | Studio | 503 | $460,000 | $915/ft² | December 13, 2021 | MLS | | 4-D (Apartment) | 1 | 706 | $615,000 | $871/ft² | October 28, 2021 | City record · MLS | | 2-B (Apartment) | 1 | 714 | $604,018 | $846/ft² | October 25, 2021 | City record · MLS | | 10-B (Apartment) | 1 | 714 | $679,500 | $952/ft² | September 29, 2021 | City record · MLS | | 7-C (Apartment) | Studio | 503 | $480,000 | $954/ft² | September 27, 2021 | City record · MLS | | 2-A (Apartment) | 1 | 688 | $604,018 | $878/ft² | September 21, 2021 | City record · MLS | | 8-A (Apartment) | 2 | 1,184 | $1,001,135 | $846/ft² | September 17, 2021 | City record · MLS | | 10-D (Apartment) | Studio | 419 | $480,000 | $1,146/ft² | September 17, 2021 | City record · MLS | | 9-A (Apartment) | 2 | 1,184 | $1,003,172 | $847/ft² | September 13, 2021 | City record · 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 The median closed price for comparable one-bedroom sales at The Independent is $624,737, based on 12 sales between September 2021 and September 2023. This home is asking $660,000, $35,263 above that median. The middle half of those sales closed between $604,018 and $631,250. - **Median closed price**: $624,737 - **Middle half**: $604,018 – $631,250 - **Based on**: 12 one-bedroom sales at The Independent - **Period**: September 2021 – September 2023 - **Median $/ft²**: $884/ft² ### How these sales were negotiated - **Listed → in contract**: 190 days (about 27 weeks) - **In contract → closed**: 70 days (about 10 weeks) Half of these homes were in contract within 190 days (about 27 weeks) of coming to market, based on the 12 with a recorded listing date. Once a deal was agreed, closing took a further 70 days (about 10 weeks), based on the 12 with both dates recorded. A co-op board package and its interview account for much of that. 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 12 one-bedroom sales at The Independent, September 2021 – September 2023. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at The Independent, 2020 to 2023. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2020 | $941/ft² | 18 | | 2021 | $873/ft² | 10 | | 2022 | $915/ft² | 9 | | 2023 | $903/ft² | 6 | 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 The Independent](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-independent) ## Price and Property History for 42-14 CRESCENT Street, Unit 5B Review the recorded listing activity for 42-14 CRESCENT Street, Unit 5B, including asking-price changes and prior market dates. - **Entered contract**: July 23, 2026 - **Last sold (recorded)**: $630,000 on August 10, 2020 | Date | Price | Listing event | | --- | --- | --- | | July 23, 2026 | $660,000 | Entered contract | | May 13, 2026 | $660,000 | Listed for sale by Serhant | | August 10, 2020 | $630,000 | Sold — recorded sale price | | June 17, 2020 | $630,000 | Entered contract | | May 20, 2020 | $630,000 | Listed for sale by MNS | ## About The Building ### The Independent 42-14 CRESCENT Street, Long Island City, NY 11101 A building in the neighborhood, currently featuring 3 active listings. - **Year Built**: 2016 - **Total Units**: 3 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-independent) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5B](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-14-crescent-street-b-5B-ny-11101) | 1 | 1 | 720 sqft | $917 | $660,000 — In contract | Serhant | May 13, 2026 | 121 days | | [12A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-14-crescent-street-12a-ny-11101) | 2 | 2 | 1,184 sqft | $1,005 | $1,190,000 | Compass | Jun 4, 2026 | 99 days | | [10D](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-14-crescent-street-10d-ny-11101) | Studio | 1 | 419 sqft | $1,277 | $535,000 | Sothebys International Realty | Jun 29, 2026 | 74 days | ## Estimated Monthly Payment **$4,737 / month**, assuming a 20% down payment ($132,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,337 - **Common Charges**: $1,400 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 - [The Independent — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-independent) - [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.