Listing Courtesy of Modern Spaces
$1,950,000
Potential Rebate: $29,250
Stunning Corner 3-Bedroom, 2-Bath Residence at Factory House – Prime Long Island City<br>Welcome to this exceptional three-bedroom, two-bathroom corner home at Factory House, where industrial-chic design meets modern comfort in the heart of Long Island City.<br>Stretching the full length of the building, this bright and airy residence spans multiple exposures, showcasing exposed brick accent walls, rustic wide-plank wood flooring, and vintage-inspired double-hung casement windows that bathe the home in natural light while offering timeless architectural charm.<br>INTERIOR FEATURES<br>Upon entry, you're welcomed by a U-shaped sizeable kitchen that opens into the spacious living and dining area, perfect for everyday living and entertaining. The kitchen is outfitted with:<br>Premium rift-cut red oak cabinetry<br>Elegant white Caesarstone countertop with tile backsplash<br>Stainless steel apron-front sink with spring-coiled faucet and pot filler<br>An energy-efficient electric range cooktop, hood, and a full suite of stainless steel appliances.<br>The king-size primary suite features dual exposures, five large windows, and a tranquil ambiance. An amber-sized walk-in closet and the en-suite bathroom outfitted with a luxurious walk-in shower. Venetian bronze fixtures. Distressed porcelain tiles. Floating vanity that adds a spa-like aesthetic.<br>The 2nd and 3rd bedrooms are located across from the second bathroom, which can fit a queen- or full-sized bed. The ceilings are high enough to accommodate bunk beds, offering extra flexibility. Large windows flood the rooms with natural light, creating cheerful, inviting spaces.<br>The second full bathroom features a Kohler deep-soaking tub for relaxation, Grohe fixtures, and a Vigo sink paired with a tigerwood vanity. An in-unit laundry room with additional storage and a full-sized washer/dryer combo unit adds practical convenience.<br>ADDITIONAL FEATURES<br>- A storage unit is included with the apartment<br>- 421-A tax abatement through June 30, 2032<br>- Low combined HOA fee and tax of $1,100/month<br>- Deeded indoor EV parking space and a storage unit available for purchase<br>- (Disclaimer: All images are of the actual apartment; furniture is virtually staged to illustrate layout potential.)<br><br>Building Highlights<br>- Low-density living. Only 37 residences.<br>- Full-time superintendent.<br>- A spacious landscaped resident terrace with a barbecue area.<br>- Fully equipped fitness center.<br>- Children’s playroom.<br>- Bike storage.<br>- Library lounge for reading and relaxing.<br>- Resident lounge and game room with billiards for socializing.<br><br>Prime LIC Location<br>The Factory House is conveniently located between the Queensboro Plaza, Queens Plaza, and Court Square subway stations. Multiple subway lines, including the 7, N, W, R, E, M, and G trains, are all within a short distance, making your daily commute easy and convenient.<br>Many popular local restaurants and cafes. Trader Joe's, Food Cellar, Walgreens, Target, Sweetgreen, Starbucks, Partners, Jacx & Co., and numerous other options are all within minutes of the building.<br><br>This is a rare opportunity to own a corner three-bedroom home with authentic character, quality finishes, and long-term tax savings, all in one of LIC’s most vibrant neighborhoods.<br>Schedule your private showing today!
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.
The Real Estate Rebate Team
Listing Courtesy of Modern Spaces
Data Source: TRESTLE #RLS20056448
RLS at REBNY

2.5%
Experience
Member
Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Modern Spaces
Data Source: TRESTLE #RLS20056448
RLS at REBNY


You can also call me anytime at +1 (315) 514-0164
$10,738 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$29,250
Monthly savings impact
$81/mo
Effective Purchase Price
$1,920,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Compare average listing prices and value metrics for 42-60 Crescent Street against the surrounding Long Island City market.
than the Long Island City price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.