A compact LIC condo for $900,000 with generous windows and a tax abatement
With tales of condos being snapped up sight unseen and a spike in listing searches in Long Island City ahead of Amazon’s arrival, you wouldn't be the only one who's curious about what’s on offer in the neighborhood. This two-bedroom apartment for $900,000 at 31-19 37th Ave., #4A, is among 10 units in a recently completed six-story building and the asking price is well below the current median of $1,322,000 for a two bedroom in the area.
The listing pictures show a model unit in the building, but this condo shares the same layout as the one photographed. The south-facing corner units have living rooms with impressive floor-to-ceiling windows with access onto a small private balcony. Red oak flooring is laid throughout the apartment and the kitchen/living room is open-plan with the balcony adding another 100 square feet to the unit.
The master bedroom has an en suite bath but the space looks a little tight for any other furniture. It's the bedroom without the en suite that looks the most spacious.
The unit is 828 square feet with a washer/dryer in one of two closets in the apartment's foyer. Monthly charges for the condo are $646 and taxes are $486. One opportunity for savings is the 15-year 421-a tax abatement on the property. There are four other listings in the building, including a one bedroom with a terrace and a price tag $55,000 higher than the two-bedroom option.
The kitchen is compact to say the least, but has a Bosch refrigerator, Frigidaire range and microwave, and a Whirlpool dishwasher.
While the living area and bedrooms have generous windows, both bathrooms are windowless and are fitted with tubs and shower fixtures. The building isn't flush with amenities but it is pet friendly and has a shared roof deck.
As for transit, the E, M, R, N and W subway lines are close by. Nearby parks include Queensborough Park and Dutch Kills playground.
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