Real Estate and Apartments For Sale in Long Island City
49 Homes and apartments in Long Island City
About Long Island City
As one of the hottest NYC neighborhoods of the 21st century, Long Island City is highly desirable with millennial homebuyers. Almost all of the real estate development in LIC has been developed in the past two decades, taking advantage of the area’s convenient location on the banks of the East River. Buyers who are looking for luxury living in a trendy new neighborhood have been flocking to Long Island City.
The biggest perks of living in the neighborhood include the incredible waterfront location and the quick commute to Manhattan. Almost all of the apartments for sale in Long Island City are in newly developed, luxury condos. Most units offer stunning views of the NYC skyline and come equipped with high-end finishes, while the buildings tend to offer an endless array of amenities for residents to enjoy. Homeowners also have access to numerous parks and green spaces along the waterfront as well as an ever-growing number of hip coffee shops, chic restaurants, and trendy shops. Business is booming in LIC thanks to the influx of new residents.
As the real estate market in the neighborhood consists of mostly high-rise towers, it’s no surprise that homes and apartments for sale in Long Island City are amongst the most expensive in Queens. While prices are lower than in comparable parts of Manhattan, the overall trend is that prices in LIC are closer to what you’d expect to pay if you were buying in Manhattan, compared to what the average apartment in Queens sells for. Some of the most highly sought after properties in Long Island city are Skyline Tower, Citylights, and Star Tower LIC. Apartments for sale in these condos are expensive, typically commanding prices well above $1,000 per square foot.
Long Island City Real Estate Sales Trends
The median sale price for an apartment in Long Island City is $1,221,294.
Studios in this neighborhood sell at a median price of $633,343.
One-bedroom apartments sell at an average price of $907,317.
Two-bedroom apartments command a median sale price of $1,436,173.
Long Island City Penthouses for sale
There are currently 7 penthouses for sale in the Long Island City neighborhood of Queens. Sale prices for penthouses in this neighborhood range from $639,900 to $3,250,000.
Long Island City Condos for Sale
There are currently 166 condos available for sale in Long Island City. Sale prices for condos in this neighborhood range from $475,000 to $3,250,000.
Long Island City Co-op apartments for Sale
There are currently 12 co-ops available for sale in Long Island City. Sale prices for condos in this neighborhood range from $510,000 to $1,185,000.
Townhouses and Brownstones for Sale in Long Island City
There are currently no townhouses and brownstones for sale in this neighborhood.