Long Island City, NY Condo Market Report (In last 12 months)
Avg. List Price
$1,216,364
($1517/Sqft.)
Year-Over-Year List Price
0.87%
Total Listings
357
Avg. Days on Market
134
Avg. Sale Price
$1,209,836
($1480/Sqft.)
Year-Over-Year Sale Price
2.93%
Total Sold
278
Avg. HOA Fees/Sqft.
($2/monthly)
Avg. List Price
$1,216,364
($1517/Sqft.)
Year-Over-Year List Price
0.87%
Long Island City, NY Condo Market Report
Avg. List Price
$1,216,364
($1517/Sqft.)
Year-Over-Year List Price
0.87%
Total Listings
357
Avg. Days on Market
134
Avg. Sale Price
$1,209,836
($1480/Sqft.)
Year-Over-Year Sale Price
2.93%
Total Sold
278
Avg. HOA Fees/Sqft.
($2/monthly)
Long island city, NY Condo Market Overview
Welcome to Long Island City, a dynamic urban enclave that harmoniously blends artistic vibrancy with breathtaking waterfront views. Nestled just across the East River from Manhattan, this thriving neighborhood is renowned for its contemporary high-rise condos that boast luxurious amenities, including rooftop lounges, fitness centers, and stunning skyline vistas. From the chic developments in Hunter's Point to the industrial charm of the revived waterfront, there’s a diverse range of options to suit every lifestyle—whether you’re seeking an affordable starter home or a lavish penthouse retreat. Long Island City is not only a residential paradise but also a cultural hub. Immerse yourself in the local art scene at MoMA PS1, indulge in culinary delights at diverse eateries, or take a leisurely stroll along the scenic Gantry Plaza State Park. With its unparalleled access to transportation and a vibrant mix of parks and community spaces, Long Island City invites you to experience the best of urban living, where convenience meets excitement in a charming and evolving landscape.
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Popular Condos Neighborhoods in Long Island City, NY
Explore Long Island City, NY Neighborhoods
Long Island City is a vibrant neighborhood known for its stunning waterfront views and thriving arts community. With a mix of modern high-rises, charming parks, and a plethora of eclectic dining options, this area seamlessly blends urban energy with a relaxed atmosphere, making it a desirable destination for creatives and professionals alike. From the iconic MoMA PS1 to the picturesque Gantry Plaza State Park, the neighborhood offers a uniquely dynamic lifestyle infused with culture and creativity.
Frequently Asked Questions About Long Island City, NY
What is it like to live in Long Island City?
Long Island City features a rapidly growing real estate market with a mix of new luxury apartments and converted industrial spaces, attracting a diverse population. The area provides excellent access to Manhattan through multiple subway lines and ferry services, enhancing commute convenience.
Is Long Island City expensive?
Long Island City has seen significant real estate development, leading to a steep rise in property prices, often exceeding the New York City average. The area offers luxury condos and modern rental units, particularly near the waterfront, appealing to professionals and families alike.
How much is a condo in Long Island City?
The average price of a condo in Long Island City ranges from approximately $600,000 to over $1,500,000, depending on location and amenities. New developments have driven prices up, particularly in areas with waterfront views and proximity to public transit.
What are the safest neighborhoods in Long Island City?
Long Island City is considered relatively safe, with neighborhoods like Court Square and the area around Gantry Plaza State Park noted for their low crime rates. The presence of community organizations and active neighborhood watch programs contributes to the security in these areas.
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