47-05 5th Street, Unit PH602

Long Island City

$1,600,000
Price
2
Beds
2
Baths
1,012 Sq. Ft.
$1,581 / Sq. Ft.
1,012
Sq. Ft.
$1,581
per Sq. Ft.

Description

Welcome to Unit #602 at The Monarch Condominium - an unparalleled gem in the heart of Long Island City! This exceptional 2-Bedroom/2-Bathroom residence boasts a sprawling 1,012 SQFT interior space and a breathtaking 1,232 SQFT private terrace, offering an extraordinary blend of indoor and outdoor living. Upon entering this corner unit, you’ll be immediately captivated by the expansive terrace — a rare find in today’s market. This outdoor sanctuary provides stunning skyline views of Long Island City,...Welcome to Unit #602 at The Monarch Condominium - an unparalleled gem in the heart of Long Island City! This exceptional 2-Bedroom/2-Bathroom residence boasts a sprawling 1,012 SQFT interior space and a breathtaking 1,232 SQFT private terrace, offering an extraordinary blend of indoor and outdoor living. Upon entering this corner unit, you’ll be immediately captivated by the expansive terrace — a rare find in today’s market. This outdoor sanctuary provides stunning skyline views of Long Island City, creating a serene backdrop for your personal oasis. With its North and East facing exposures, the home is drenched in natural morning light, highlighting the rich Oak Wood floors and modern finishes throughout. The kitchen is a chef's delight, featuring Quartz Countertops, a Glass Mosaic backsplash, and top of the line Bosch stainless steel appliances, including a refrigerator, stove, and dishwasher. The bathrooms are elegantly appointed with neutral white and grey porcelain subway tiles, heated floors, with the guest bathroom offering a deep soaking tub for ultimate relaxation. For your convenience, a stackable Electrolux Washer/Dryer is also included in the unit. Both bedrooms are spacious and well designed so that every SQFT is optimally utilized. The master bedroom can comfortably accommodate a king sized bed along with a dresser, night stands and work desk, while still having space leftover. The second room can easily fit a queen sized bed along with additional furnishings or, if desired, can be configured into a home office. Ample storage is provided by large double door closets in each bedroom, supplemented by two additional closets located within the unit. Stepping outside & venturing into the neighborhood, you’re located just steps from Gantry State Park (1 block away), and from a host of grocery options, including: Food Cellar, Urban Market, Trader Joe's, Key Foods, and Target (less than 3/4th’s of a mile away). The vibrant neighborhood offers an array of fine dining restaurants on Vernon Boulevard (1 block away) and lively nightlife on Jackson Avenue (~3 blocks away). Commuting will be a breeze, easy access into the city via the 7 train (1/4th of a mile away) & bringing you into Grand Central Station in one stop (~4 minutes). Additional transportation is also offered via The East River Ferry in Gantry State Park as well as the E, G, M & 7 train lines via Court Square Station. The Monarch is a boutique, full service condominium featuring only 21 units across 6 stories. Residents enjoy luxury amenities such as: full sized gym, common roof terrace with BBQ grills, private residents' lounge, garage parking, storage, virtual intercom, 24-hour super, & more! Enjoy the benefits of low monthly carrying costs, thanks to a 15-year 421A Tax Abatement. This is a rare opportunity to own a unique home with exceptional space, views, and location. Don't miss out —schedule your private showing today!

Property Details for 47-05 5th Street, Unit PH602

View
City, River
LISTING UPDATED: 10/04/2024 05:11 PM

Property Details for 47-05 5th Street, Unit PH602

StatusActive
MLS IDOLRS-2100681
Days on Market43
Taxes$677 / month
Common Charges$1,024 / month
Min. Down Pymt10%
Total Rooms5.0
Compass TypeCondo
MLS TypeCondo
Year Built2017
CountyQueens County

Building

The Monarch

29 Units6 StoriesBuilt in 2017

Building Information for 47-05 5th Street, Unit PH602

Building/ComplexThe MonarchFloor-Stories6Residences29Pet Policy-Year Built2017Building AgeNew DevelopmentBuilding TypeLowrise

Property Information for 47-05 5th Street, Unit PH602

Summary
Location and General Information
  • Subdivision Name: Long Island City
  • Cross Street: 48th Avenue/47th Road
  • Stories Total: 6
  • Exposures: North, South, East
Taxes and HOA
  • Tax Lot: 7502
  • Tax Deduction Percent: .00%
  • Tax Block: 29
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Tax Deduction Amount: $0
  • Tax Deduction Remarks: ASK EXCL BROKER
  • Building Tax Lot: 7502
  • Tax Monthly Amount: 676.66
  • Tax Abatement YN: false
Parking
  • Garage: Yes
Property
Lot Information
  • Living Area: 1012.0
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: WasherDryerInstallAllowed
  • Building Pets Allowed: BuildingNo
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed, BuildingWasherDryerAllowed
  • Sponsor Unit: Yes
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: None
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Terrace
Interior Features
  • Cooling: WallUnits
  • Appliances: WasherDryer
  • Heating: Electric
  • Interior Features: EntranceFoyer
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 6
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: InUnit
  • ElevatorsTotal: 1
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: 02
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: VideoDoormanYes
  • Land Lease: No

Property History for 47-05 5th Street, Unit PH602

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 47-05 5th Street, Unit PH602

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 78
PublicPK to 8

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

Hunters Point Community Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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47-05 5th Street, Unit PH602 is a condo for sale in Long Island City. This property was listed for sale on September 4, 2024 by Nest Seekers LLC, it's currently listed at $1,600,000. This listing's school district is New York City Geographic District #30. Nearby schools include P.S. 78, Is 204 Oliver W Holmes and Long Island City High School. 47-05 5th Street, Unit PH602 is a 2-bed, 2-bath, 1,012 sqft condo built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nest Seekers 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.