--- title: "42-60 Crescent Street #7-E, New York City, NY 11101" description: "42-60 Crescent Street #7-E, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $1,875,000. 3 bed, 2 bath, 1,317 sqft Illustrative Buyer Commission Share of $28,125 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street--e-7E-ny-11101" source: "Real Estate Rebate Team" status: "Active" --- # 42-60 Crescent Street #7-E, New York City, NY 11101 Long Island City, New York City, NY Courtesy of Modern Spaces ## At a Glance - **Listing Price**: $1,875,000 - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,317 - **Common Charges**: $1,058 / mo - **Monthly Taxes**: $176 / mo - **Price per Sqft**: $1,424 - **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**: $1,875,000 - **Illustrative Buyer Commission Share**: -$28,125* - **Illustrative Net Cost**: $1,846,875 *Illustrative Buyer Savings of $28,125 — 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) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/746b373e-c6fc-47b3-a4eb-9917ac40a04d.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c8f7209-59fc-4471-956a-dd216778e9fa.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f36e624d-3a50-4368-a4d6-a6159dbce7fe.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/74c12671-6c6c-4f11-95f2-4e030cd196a8.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/95a947ee-cce0-4ced-a9b4-218bb9489deb.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8f59810-49bd-456c-9e34-8621b0e88576.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/086ce75e-f09e-4f75-89b9-98bea4ad4d71.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/28aa6e6d-fc5c-43e0-8631-feafa0311209.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe78c823-d207-4a6e-b601-40b3bbe1643a.jpg) ![42-60 Crescent Street #7-E, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/438e1a53-565b-4899-953e-52a1659ad1ae.jpg) ## Property Overview Introducing Residence 7E, a spacious and thoughtfully designed three-bedroom, two-bathroom home filled with natural light from its northwestern exposure and open views. The expansive open-concept kitchen features abundant cabinetry, generous counter space, and a deep double sink—perfect for everyday living and entertaining. The well-proportioned living area offers direct access to the private balcony, creating a bright and inviting space to relax and unwind. The spacious primary suite comfortably accommodates a king-sized bed and features a generous walk-in closet with direct balcony access. Two additional bedrooms provide flexibility for guests or a dedicated home office, while two full bathrooms complete this highly functional layout. Built in 2016, Factory House is a boutique condominium in the vibrant Court Square neighborhood of Long Island City. With a 421a tax abatement still effect, monthly common charges and taxes total just under $1,250—offering exceptionally low carrying costs for a 3-bed condominium. Building amenities include: - virtual doorman and intercom system, - fitness room - resident lounge - children’s playroom, and - outdoor deck furnished with patio seating and BBQ grills Ideally located near eight subway lines—the 7, N, W, E, M, R, F, and G—Factory House offers convenient access to Manhattan and Brooklyn. Trader Joe’s, Target, acclaimed restaurants, cafés, and scenic waterfront parks, including Gantry Plaza State Park with its breathtaking views of the Manhattan skyline, are all nearby. Some photos have been virtually staged. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,317 sqft - **Stories**: 10 - **Year Built**: 2015 - **Price per Sqft**: $1,424 - **Common Charges**: $1,058.21 / Monthly - **Monthly Taxes**: $176 / mo - **Listed On**: Jul 7, 2026 - **Days on Market**: 62 Days ### Residence Features - Building Washer Dryer Install Allowed - In Unit - Balcony - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Dryer - Washer - New Windows - City ## Sales Evidence ### Recent closed sales 11 apartments at 42-60 Crescent Street have recorded sales since September 2021, the most recent for $2,025,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5-A (Apartment) | 3 | 1,317 | $2,025,000 | $1,538/ft² | May 19, 2026 | City record · MLS | | 7D (Apartment) | 2 | 1,191 | $1,470,000 | $1,234/ft² | September 10, 2025 | City record · MLS | | PH-9A (Apartment) | 3 | 1,466 | $2,500,000 | $1,705/ft² | August 13, 2024 | City record · MLS | | 3C (Apartment) | 2 | 1,088 | $1,310,000 | $1,204/ft² | August 9, 2024 | City record · MLS | | 5C (Apartment) | — | 1,088 | $1,290,000 | $1,186/ft² | March 20, 2024 | City record | | 6D (Apartment) | 2 | 1,191 | $1,300,000 | $1,092/ft² | November 10, 2023 | City record · MLS | | 2A (Apartment) | 3 | 1,317 | $1,490,000 | $1,131/ft² | August 15, 2022 | City record · MLS | | PH-10C (Apartment) | 3 | 1,466 | $2,200,000 | $1,501/ft² | June 29, 2022 | City record · MLS | | 7-A (Apartment) | 3 | 1,317 | $1,590,000 | $1,207/ft² | May 10, 2022 | City record · MLS | | 8A (Apartment) | 3 | 1,317 | $1,623,000 | $1,232/ft² | May 5, 2022 | City record | | 2-D (Apartment) | 2 | 1,191 | $1,180,000 | $991/ft² | October 28, 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 three-bedroom sales at 42-60 Crescent Street is $1,824,000, based on 6 sales between May 2022 and May 2026. This home is asking $1,875,000, $51,000 above that median. The middle half of those sales closed between $1,598,250 and $2,156,250. - **Median closed price**: $1,824,000 - **Middle half**: $1,598,250 – $2,156,250 - **Based on**: 6 three-bedroom sales at 42-60 Crescent Street - **Period**: May 2022 – May 2026 - **Median $/ft²**: $1,367/ft² ### How these sales were negotiated - **Listed → in contract**: 48 days (about 7 weeks) - **In contract → closed**: 63 days (about 9 weeks) Half of these homes were in contract within 48 days (about 7 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 63 days (about 9 weeks), based on the 5 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 6 three-bedroom sales at 42-60 Crescent Street, May 2022 – May 2026. 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 42-60 Crescent Street, 2016 to 2024. 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 | | --- | --- | --- | | 2016 | $1,104/ft² | 28 | | 2017 | $1,030/ft² | 4 (thin) | | 2022 | $1,220/ft² | 4 (thin) | | 2024 | $1,204/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. 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 42-60 Crescent Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-60-crescent-street) ## Property Tax History Taxes at 42-60 Crescent Street #7-E were $2,118 in 2026, down 3.8% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $136,223 | $11,464 | $124,759 | $127,604 | $2,118 | 12.5% (estimated) | | 2025 (FY 2025/26) | $134,727 | $11,464 | $123,263 | $125,046 | $2,201 | 12.5% (estimated) | | 2024 (FY 2024/25) | $124,434 | $11,464 | $112,970 | $123,690 | $2,423 | 12.5% | | 2023 (FY 2023/24) | $121,483 | $11,464 | $110,019 | $121,093 | $2,479 | 12.502% | | 2022 (FY 2022/23) | $121,165 | $11,463 | $109,702 | $116,277 | $2,203 | 12.267% | | 2021 (FY 2021/22) | $123,430 | $11,463 | $111,967 | $111,268 | $1,935 | 12.235% | | 2020 (FY 2020/21) | $127,947 | $11,463 | $116,484 | $109,028 | $2,006 | 12.267% | | 2019 (FY 2019/20) | $125,221 | $11,463 | $113,758 | $114,735 | $3,088 | 12.473% | | 2018 (FY 2018/19) | $115,599 | $11,463 | $104,136 | $109,702 | $2,818 | 12.612% | | 2017 (FY 2017/18) | $112,229 | $11,464 | $100,765 | $107,377 | $2,870 | 12.719% | 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 4004291030. 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 ### 42-60 Crescent Street Long Island City · Condominium 42-60 Crescent Street, Long Island City, NY 11101 A building in Long Island City, currently featuring 3 active listings. - **Year Built**: 2015 - **Total Units**: 3 - **Floors**: 10 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-60-crescent-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [7-E](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street--e-7E-ny-11101) | 3 | 2 | 1,317 sqft | $1,424 | $1,875,000 | Modern Spaces | Jul 7, 2026 | 62 days | | [PH10C](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street-ph10c-PH10C-ny-11101) | 3 | 2 | 1,466 sqft | $1,838 | $2,695,000 (-3.8%) | Corcoran Group | Apr 20, 2026 | 140 days | | [3-D](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street--d-3D-ny-11101) | 2 | 2 | 1,191 sqft | $1,255 | $1,495,000 (-1.6%) | Nest Seekers LLC | Apr 29, 2026 | 131 days | ## Estimated Monthly Payment **$10,715 / month**, assuming a 20% down payment ($375,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $9,481 - **Property Taxes**: $176 - **Common Charges**: $1,058 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 - [42-60 Crescent Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/42-60-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.