Listings Come Online for the Arcadia LIC; Condos from $580K Already 77% in Contract | CityRealty

Listings Come Online for the Arcadia LIC; Condos from $580K Already 77% in Contract

Listings Come Online for the Arcadia LIC; Condos from $580K Already 77% in Contract

By Michelle Mazzarella | From Future New York Thursday, March 1, 2018

Arcadia LIC via Ampiera

Arcadia LIC via Ampiera

The Long Island City residential boom shows no sign of slowing down, and Arcadia LIC serves as proof of that. Sales at the eight-story, 36-unit condominium as 24-12 42nd Road launched earlier this winter and have gotten off to a meteoric start with over 75% of the available studios through two-bedrooms entering contract. Its contemporary design by Queens-based My Architect, convenient location, well-appointed apartments, and 15-year tax abatement are all contributing factors.

All apartments feature oversized windows and the highest quality materials, finishes, and technologies that include Nest thermostat and in-unit washer/dryer. Kitchens have Calacatta marble countertops, Moen sink, and top-of-the-line appliances. The bathrooms are outfitted with Porcelanosa tiles, Kohler tub, and Toto toilet. Select units have private terraces.

24-12 42nd Road-34

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24-12 42nd Road

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24-12 42nd Road

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24-12 42nd Road

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24-12 42nd Road

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24-12 42nd Road

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24-12 42nd Road studio floor plan

Studio floor plan via Chase Global Realty

24-12 42nd Road one-bedroom floor plan

One-bedroom floor plan via Chase Global Realty

24-12 42nd Road two-bedroom floor plan

Two-bedroom floor plan via Chase Global Realty

Of the small handful of remaining availabilities, one-bedrooms start at $962K and two-bedrooms start at $1.1 million. The average price of $1,372 per square foot puts it above the Long Island City median price of $1,255 per square foot, per CityRealty data.

A furnished roof deck overlooks the Manhattan skyline and the iconic Silvercup Studios sign. Inside, amenities include virtual doorman, fitness center, bike room, package room, and storage. Arcadia LIC is located two blocks from the Queensboro Plaza subway stop, which is one stop outside of Manhattan.

24-12 42nd Road

Arcadia LIC via CityRealty

24-12 42nd Road

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Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 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.

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