---
title: "42-60 Crescent Street #7E, Long Island City, NY 11101"
description: "42-60 Crescent Street #7E, Long Island City, NY 11101 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,875,000. Est. potential buyer savings up to $46,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street-e-7E-ny-11101"
source: "Real Estate Rebate Team"
---

# 42-60 Crescent Street #7E, Long Island City, NY 11101

> **Listing Courtesy of:** Modern Spaces

## Description

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

- **Price**: $1,875,000
- **Potential Buyer Rebate**: $46,875
- **Bedrooms**: 3
- **Bathrooms**: 2
- **Living Area**: 1,317 sqft
- **Property Type**: Residential
- **Year Built**: 2015
- **Building**: 42-60 Crescent Street
- **Neighbourhood**: Long Island City
- **Area / Borough**: Queens
- **Subdivision**: Long Island City
- **Listing Office**: Modern Spaces
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$46,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/queens/42-60-crescent-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/queens/long-island-city)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

---

> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.