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The Monarch, 47-05 5th Street, #203

$1,695,000 ($1,117 per ft2) | 3 beds, 2 baths | Approx. 1,517 ft2
Building Profile  | 
11 days on Market

Key Details

  • Listed: Dec 11, 2024
    Days on Market: 11
    Building Type: Condominium
    Neighborhood: Long Island City (LIC / Queens)
Monthly Common Charges: $1,340
Monthly Real Estate Taxes: $875
Total Taxes & Fees: $2,215 ($1.46/ft2)
Est. Monthly Mortgage: $9,003
Total Est. Monthly Carrying Cost: $11,218 ($7.39/ft2)
Note: the above is based on a down payment of 20% ($339,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Dec 22
By appointment only.

Description

Experience the pinnacle of luxury living in this exquisite 3 Bedroom/2 Bathroom duplex situated in The Monarch, a boutique condominium in the heart of Long Island City. This thoughtfully designed home offers a harmonious blend of modern elegance, comfort, and convenience - this stunning home sets a new standard for modern city living.
As you enter the home from the upper floor you’ll be greeted by an expansive living and dining area that is bathed in natural light, creating the perfect ambiance for entertaining or unwinding. The spacious living and dining area provides the perfect setting for entertaining, while the modern kitchen impresses with its sleek quartz countertops, a striking glass mosaic backsplash, and state-of-the-art stainless steel Bosch appliances, including: refrigerator, stove, dishwasher, and gas range with vented out duct fan.

Adjacent to the kitchen, you’ll find the first two bedrooms - both of which are generously sized, feature ample closet space and showcase stunning views of Long Island City and Gantry State Park waterfront. The beautifully designed bathroom exudes spa-like serenity with its deep soaking tub, heated floors, and chic finishes. Throughout the home, rich white oak floors and contemporary design elements create an atmosphere of sophistication.
Descending to the master bedroom quarters, you’ll find a private oasis dedicated entirely to the primary suite.

With soaring 11-foot ceilings and a sprawling walk-in closet, this expansive room easily accommodates a king-sized bed with room to spare for additional furnishings. The luxurious ensuite bathroom features a double vanity, a deep soaking tub, and heated floors for ultimate relaxation. Completing the home’s features is the added convenience of an in-unit Electrolux stackable washer and dryer.
Located just one block from Gantry State Park, this home is perfectly situated for enjoying the vibrant Long Island City neighborhood.

Indulge in fine dining along Vernon Boulevard, or explore the lively nightlife on Jackson Avenue, all within a few blocks. Grocery shopping is a breeze with options like Trader Joe’s, Food Cellar, and Target just minutes away. Commuting to Manhattan is effortless, with the 7 train just a quarter mile away, whisking you to Grand Central in a single stop, as well as access to the East River Ferry and additional subway lines, including the E, G, and M, at nearby Court Square Station.
As a resident of The Monarch, a boutique condominium with only 21 units, you’ll enjoy an array of luxury amenities, including a full-sized gym, a rooftop terrace with BBQ grills, a private lounge, garage parking, additional storage, a virtual intercom system, and 24-hour superintendent service.

The property also benefits from a 15-year 421A tax abatement, keeping monthly carrying costs impressively low.
This rare duplex combines exceptional space, breathtaking views, and an unbeatable location. Don’t miss this incredible opportunity to call it your home—schedule your private showing today!

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Apartment Amenities

  • City View
  • Washer/Dryer in apt.
Listing courtesy of Nest Seekers LLC

Pricing History

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About The Monarch, 47-05 5th Street

Building Amenities

  • Post War
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Bike Room
  • Virtual Doorman

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Subways

  1. 7
at 50th Ave 0.23 miles
  1. G
at Jackson Ave and 47th Ave 0.31 miles

Pricing comparison

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