In Contract
The Monarch, 47-05 5th Street, #602
$1,600,000
($1,581 per ft2)
| 2 beds, 2 baths | Approx. 1,012 ft2
10 days on Market
Key Details
-
Listed: Oct 25, 2024Days on Market: 10Building Type: CondominiumNeighborhood: Long Island City (LIC / Queens)
Monthly Common Charges:
$1,024
Monthly Real Estate Taxes:
$677
Total Taxes & Fees:
$1,701
($1.68/ft2)
Est. Monthly Mortgage:
$8,482
Mortgage calculator
Total Est. Monthly Carrying Cost:
$10,183
($10.06/ft2)
Note: the above is based on a down payment of 20% ($320,000),
which is the minimum amount permitted by the building.
Description
Welcome to Unit #602 at The Monarch Condominium - an unparalleled gem in the heart of Long Island City!
This exceptional 2-Bedroom/2-Bathroom residence boasts a sprawling 1,012 SQFT interior space and a breathtaking 1,232 SQFT private terrace, offering an extraordinary blend of indoor and outdoor living.
Upon entering this corner unit, you’ll be immediately captivated by the expansive terrace — a rare find in today’s market.
This outdoor sanctuary provides stunning skyline views of Long Island City, creating a serene backdrop for your personal oasis. With its North and East facing exposures, the home is drenched in natural morning light, highlighting the rich Oak Wood floors and modern finishes throughout.
The kitchen is a chef’s delight, featuring Quartz Countertops, a Glass Mosaic backsplash, and top of the line Bosch stainless steel appliances, including a refrigerator, stove, and dishwasher.
The bathrooms are elegantly appointed with neutral white and grey porcelain subway tiles, heated floors, with the guest bathroom offering a deep soaking tub for ultimate relaxation. For your convenience, a stackable Electrolux Washer/Dryer is also included in the unit.
Both bedrooms are spacious and well designed so that every SQFT is optimally utilized.
The master bedroom can comfortably accommodate a king sized bed along with a dresser, night stands and work desk, while still having space leftover. The second room can easily fit a queen sized bed along with additional furnishings or, if desired, can be configured into a home office. Ample storage is provided by large double door closets in each bedroom, supplemented by two additional closets located within the unit.
Stepping outside & venturing into the neighborhood, you’re located just steps from Gantry State Park (1 block away), and from a host of grocery options, including: Food Cellar, Urban Market, Trader Joe’s, Key Foods, and Target (less than 3/4th’s of a mile away). The vibrant neighborhood offers an array of fine dining restaurants on Vernon Boulevard (1 block away) and lively nightlife on Jackson Avenue (~3 blocks away). Commuting will be a breeze, easy access into the city via the 7 train (1/4th of a mile away) & bringing you into Grand Central Station in one stop (~4 minutes).
Additional transportation is also offered via The East River Ferry in Gantry State Park as well as the E, G, M & 7 train lines via Court Square Station.
The Monarch is a boutique, full service condominium featuring only 21 units across 6 stories. Residents enjoy luxury amenities such as: full sized gym, common roof terrace with BBQ grills, private residents’ lounge, garage parking, storage, virtual intercom, 24-hour super, & more!
Enjoy the benefits of low monthly carrying costs, thanks to a 15-year 421A Tax Abatement.
This is a rare opportunity to own a unique home with exceptional space, views, and location.
Don’t miss out —schedule your private showing today!
This exceptional 2-Bedroom/2-Bathroom residence boasts a sprawling 1,012 SQFT interior space and a breathtaking 1,232 SQFT private terrace, offering an extraordinary blend of indoor and outdoor living.
Upon entering this corner unit, you’ll be immediately captivated by the expansive terrace — a rare find in today’s market.
This outdoor sanctuary provides stunning skyline views of Long Island City, creating a serene backdrop for your personal oasis. With its North and East facing exposures, the home is drenched in natural morning light, highlighting the rich Oak Wood floors and modern finishes throughout.
The kitchen is a chef’s delight, featuring Quartz Countertops, a Glass Mosaic backsplash, and top of the line Bosch stainless steel appliances, including a refrigerator, stove, and dishwasher.
The bathrooms are elegantly appointed with neutral white and grey porcelain subway tiles, heated floors, with the guest bathroom offering a deep soaking tub for ultimate relaxation. For your convenience, a stackable Electrolux Washer/Dryer is also included in the unit.
Both bedrooms are spacious and well designed so that every SQFT is optimally utilized.
The master bedroom can comfortably accommodate a king sized bed along with a dresser, night stands and work desk, while still having space leftover. The second room can easily fit a queen sized bed along with additional furnishings or, if desired, can be configured into a home office. Ample storage is provided by large double door closets in each bedroom, supplemented by two additional closets located within the unit.
Stepping outside & venturing into the neighborhood, you’re located just steps from Gantry State Park (1 block away), and from a host of grocery options, including: Food Cellar, Urban Market, Trader Joe’s, Key Foods, and Target (less than 3/4th’s of a mile away). The vibrant neighborhood offers an array of fine dining restaurants on Vernon Boulevard (1 block away) and lively nightlife on Jackson Avenue (~3 blocks away). Commuting will be a breeze, easy access into the city via the 7 train (1/4th of a mile away) & bringing you into Grand Central Station in one stop (~4 minutes).
Additional transportation is also offered via The East River Ferry in Gantry State Park as well as the E, G, M & 7 train lines via Court Square Station.
The Monarch is a boutique, full service condominium featuring only 21 units across 6 stories. Residents enjoy luxury amenities such as: full sized gym, common roof terrace with BBQ grills, private residents’ lounge, garage parking, storage, virtual intercom, 24-hour super, & more!
Enjoy the benefits of low monthly carrying costs, thanks to a 15-year 421A Tax Abatement.
This is a rare opportunity to own a unique home with exceptional space, views, and location.
Don’t miss out —schedule your private showing today!
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Listing courtesy of
Nest Seekers LLC
Pricing History
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