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42-60 Crescent Street 5AQueens, NY 11101

For Sale

$1,998,000

Smart Buyer Rebate $24,975

Stunning Corner 3-Bedroom, 2-Bath Residence at Factory House – Prime Long Island City
Welcome to this exceptional three-bedroom, two-bathroom corner home at Factory House, where industrial-chic design meets modern comfort in the heart of Long Island City.
Stretching the full length of the building, this bright and airy residence spans multiple exposures, showcasing exposed brick accent walls, rustic wide-plank wood flooring, and vintage-inspired double-hung casement windows that bathe the home in natural light while offering timeless architectural charm.
INTERIOR FEATURES
Upon entry, you're welcomed by a U-shaped sizeable kitchen that opens into the spacious living and dining area, perfect for everyday living and entertaining. The kitchen is outfitted with:
Premium rift-cut red oak cabinetry
Elegant white Caesarstone countertop with tile backsplash
Stainless steel apron-front sink with spring-coiled faucet and pot filler
An energy-efficient electric range cooktop, hood, and a full suite of stainless steel appliances.
The king-size primary suite features dual exposures, five large windows, and a tranquil ambiance. An amber-sized walk-in closet and the en-suite bathroom outfitted with a luxurious walk-in shower. Venetian bronze fixtures. Distressed porcelain tiles. Floating vanity that adds a spa-like aesthetic.
The 2nd and 3rd bedrooms are located across from the second bathroom, which can fit a queen- or full-sized bed. The ceilings are high enough to accommodate bunk beds, offering extra flexibility. Large windows flood the rooms with natural light, creating cheerful, inviting spaces.
The second full bathroom features a Kohler deep-soaking tub for relaxation, Grohe fixtures, and a Vigo sink paired with a tigerwood vanity. An in-unit laundry room with additional storage and a full-sized washer/dryer combo unit adds practical convenience.
ADDITIONAL FEATURES
- A storage unit is included with the apartment
- 421-A tax abatement through June 30, 2032
- Low combined HOA fee and tax of $1,100/month
- Deeded indoor EV parking space and a storage unit available for purchase
- (Disclaimer: All images are of the actual apartment; furniture is virtually staged to illustrate layout potential.)

Building Highlights
- Low-density living. Only 37 residences.
- Full-time superintendent.
- A spacious landscaped resident terrace with a barbecue area.
- Fully equipped fitness center.
- Children’s playroom.
- Bike storage.
- Library lounge for reading and relaxing.
- Resident lounge and game room with billiards for socializing.

Prime LIC Location
The Factory House is conveniently located between the Queensboro Plaza, Queens Plaza, and Court Square subway stations. Multiple subway lines, including the 7, N, W, R, E, M, and G trains, are all within a short distance, making your daily commute easy and convenient.
Many popular local restaurants and cafes. Trader Joe's, Food Cellar, Walgreens, Target, Sweetgreen, Starbucks, Partners, Jacx & Co., and numerous other options are all within minutes of the building.

This is a rare opportunity to own a corner three-bedroom home with authentic character, quality finishes, and long-term tax savings, all in one of LIC’s most vibrant neighborhoods.
Schedule your private showing​​‌​​​​‌​​‌‌​​​‌​‌​​​​‌​​‌​​​‌​​​‌​​​​‌​ today!

Listed by Mae Liew

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Modern Spaces

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(718) 784-1110

Last updated November 18, 2025

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Source: REBNY #RLS20056448

Listing Facts

  • TypeCondo
  • NeighborhoodLong Island City
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu26
  • HOA/Maint. Fees$965/month
  • Taxes$1,644/year
  • Size1,317 sqft
  • Price per sqft$1,517

Amenities

  • Washer/Dryer
  • Pets Allowed
  • Concierge
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

10/24/2025
Listed by Modern Spaces
$1,998,000

Estimated Closing Costs

Total
$73,086
Attorney Fees
$4,000
NYC Mansion Tax
$19,980
Title Insurance
$8,991
Bank Attorney
$1,500
Mortgage Recording Tax
$34,615
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,998,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 42-60 Crescent Street 5A

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Concierge Yes, Lobby Attendant Full Time

Fees

  • Association Fee: $965.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Stories Total: 10
  • Window Features: New Windows
  • Year Built: 2015
  • Entry Level: 5

Features

  • Building Features: Elevator(s)
  • View: City

Financial

Taxes

  • Tax Annual Amount: $1,644.00

Interior

Features

  • Appliances: Dryer, Washer

Measurements

  • Living Area: 1,317
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 5

Other

Location

  • City Region: Queens
  • Subdivision Name: Long Island City
  • Tax Block: 0429
  • Tax Lot: 7501

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.