--- title: "42-60 CRESCENT Street #PH10C, New York City, NY 11101" description: "42-60 CRESCENT Street #PH10C, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $2,695,000. 3 bed, 2 bath, 1,466 sqft Illustrative Buyer Commission Share of $40,425 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/42-60-crescent-street-ph10c-PH10C-ny-11101" source: "Real Estate Rebate Team" status: "Active" --- # 42-60 CRESCENT Street #PH10C, New York City, NY 11101 Long Island City, New York City, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $2,695,000 - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,466 - **Common Charges**: $1,382 / mo - **Price per Sqft**: $1,838 - **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**: $2,695,000 - **Illustrative Buyer Commission Share**: -$40,425* - **Illustrative Net Cost**: $2,654,575 *Illustrative Buyer Savings of $40,425 — 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 #PH10C, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0797eef-4c5e-451e-89bd-321dfe3afcfe.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11e412b6-f363-42f3-a8ef-32f0f835951a.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4452695-e5fa-4304-b2eb-2ec1802c7953.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b4447c2-2d11-4c8d-b17b-b6631ead5cd9.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f663d6d-43bc-4c65-9d28-6606f4c8e86a.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0a5e81e7-6739-44eb-91c6-9e4b89a094f8.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c784288-d91a-4d50-8c5c-51a89071c4d8.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/932ed714-9ed9-4664-870e-69ec99611cc4.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50d76164-62ab-4a28-9697-a3912a202ae0.jpg) ![42-60 CRESCENT Street #PH10C, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70bcf577-956b-4a1f-bc9e-b05201b0b5ee.jpg) ## Property Overview Deeded parking space available for separate purchase. Residence includes a private storage unit. Tax abatement until June 2032! Perched on the top floor of Factory House - where the entire 10th floor is shared by only two residences - this exceptional 3-bedroom, 2-bathroom penthouse offers a rare combination of luxury, privacy, and panoramic skyline views. Spanning 1,466 square feet of interior living space and a professionally landscaped 1,332-square-foot private rooftop terrace with unobstructed Manhattan skyline views, this is urban living at its most refined. Gut-renovated in 2022, every detail of this home was thoughtfully considered. Soaring ceilings and double-pane windows throughout frame sweeping southern and eastern exposures over Long Island City - filling the space with natural light. The custom-designed open kitchen is a showpiece: high-end wood cabinetry, Italian marble countertops and backsplash sourced from ABC Stone (protected by Tuffskin film for effortless maintenance), and a striking Italian waterfall glass chandelier imported directly from Italy. Appliances are top-of-the-line, including a Miele dishwasher, Viking electric cooktop, Viking wall oven, Viking double-door refrigerator, and a large stainless steel sink with garbage disposal. A reverse-osmosis, high-pH water filtration system and Moen brushed gold fixtures complete the space. The primary bedroom includes a spacious walk-in closet and an en-suite bathroom. Additional conveniences include an in-unit washer/dryer, a dedicated storage room, and deeded in-building parking and storage available for purchase. Fully renovated bathrooms feature luxury marble-patterned tile, marble-top vanities, fog-proof mirrors, brushed gold showerheads, and glass shower doors. Accessible exclusively from within the apartment, the 1,332-square-foot rooftop terrace is a true retreat above the city. Professionally landscaped and thoughtfully designed for four-season enjoyment, it features custom teak planters with seasonal blooms, a wisteria-covered pergola for natural shade, installed glass panels for wind protection, and automatic lighting and irrigation systems - so you get all the pleasure of a private garden with virtually none of the upkeep. Elegant Pottery Barn outdoor furnishings are included in the sale. Whether you're hosting friends, letting pets roam, or simply unwinding, this terrace functions as an extension of your living space. Factory House is a pet-friendly building offering a fitness center, children's playroom, library lounge, and a shared resident terrace. Situated at the heart of Long Island City, the building is less than a five-minute walk to the 7, N, W, R, E, M, and G trains - connecting you to the rest of the city with ease. The neighborhood is safe, vibrant, and walkable, with an array of popular restaurants, cafes, and grocery options just steps away, nestled between the Queensboro Plaza and Court Square stations. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Baths**: 2 - **Rooms**: 9 - **Sqft**: 1,466 sqft - **Stories**: 10 - **Year Built**: 2016 - **Price per Sqft**: $1,838 - **Common Charges**: $1,382 / Monthly - **Listed On**: Apr 20, 2026 - **Days on Market**: 145 Days ### Residence Features - Washer Hookup - In Unit - Building Roof Deck - Private Outdoor Space Over 60 Sqft - Dishwasher - Bridge(s) - City - Panoramic ## 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 $2,695,000, $871,000 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) ## Price and Property History for 42-60 CRESCENT Street, Unit PH10C Review the recorded listing activity for 42-60 CRESCENT Street, Unit PH10C, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $105,000, or 3.8%, on June 4, 2026 - **Originally listed**: April 20, 2026 at $2,800,000 - **Current asking price**: $2,695,000 - **Last sold (recorded)**: $2,200,000 on June 29, 2022 | Date | Price | Listing event | | --- | --- | --- | | June 4, 2026 | $2,695,000 | Asking price reduced by $105,000, or 3.8% | | April 20, 2026 | $2,800,000 | Listed for sale by Corcoran Group | | January 3, 2023 | $2,200,000 | Listed for sale by Nest Seekers International | | June 29, 2022 | $2,200,000 | Sold — recorded sale price | | June 29, 2022 | $2,200,000 | Entered contract | ## Property Tax History Taxes at 42-60 CRESCENT Street #PH10C were $7,031 in 2026, up 0.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $178,176 | $14,994 | $163,182 | $166,905 | $7,031 | 12.5% (estimated) | | 2025 (FY 2025/26) | $176,219 | $14,994 | $161,225 | $163,558 | $7,015 | 12.5% (estimated) | | 2024 (FY 2024/25) | $162,756 | $14,994 | $147,762 | $161,785 | $7,185 | 12.5% | | 2023 (FY 2023/24) | $158,896 | $14,994 | $143,902 | $158,387 | $7,141 | 12.502% | | 2022 (FY 2022/23) | $158,481 | $14,994 | $143,487 | $152,086 | $6,596 | 12.267% | | 2021 (FY 2021/22) | $161,444 | $14,994 | $146,450 | $145,534 | $6,127 | 12.235% | | 2020 (FY 2020/21) | $167,352 | $14,994 | $152,358 | $142,605 | $6,125 | 12.267% | | 2019 (FY 2019/20) | $163,786 | $14,994 | $148,792 | $150,073 | $7,496 | 12.473% | | 2018 (FY 2018/19) | $151,200 | $14,994 | $136,206 | $143,489 | $7,080 | 12.612% | | 2017 (FY 2017/18) | $146,792 | $14,994 | $131,798 | $140,451 | $7,077 | 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 4004291038. 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**: 2016 - **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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 144 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 | 135 days | | [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 | 66 days | ## Estimated Monthly Payment **$15,009 / month**, assuming a 20% down payment ($539,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,627 - **Common Charges**: $1,382 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## 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.