The Court Square section of Long Island City is in the throes of a residential building boom largely owing to its transportation convenience allowing for easy access to Manhattan and Brooklyn. Closet to home, it is experiencing an increase in commercial activity that includes a new life science building by Innolabs and a Trader Joe’s outpost, the second in Queens.
Trader Joe's is taking 17,000 square feet in the base of The Prime, a ground-up condominium developed by Circle F Capital. Sales have launched on the 70 beautifully curated units above, and the building is already at 40 percent capacity. The grocery store is expected to open before the end of summer, but apartments are available for immediate occupancy.
Trader Joe's is taking 17,000 square feet in the base of The Prime, a ground-up condominium developed by Circle F Capital. Sales have launched on the 70 beautifully curated units above, and the building is already at 40 percent capacity. The grocery store is expected to open before the end of summer, but apartments are available for immediate occupancy.
↓ All units at The Prime boast smart lock entry doors by Latch, interiors by Andres Escobar of Lemay + Escobar Architecture, private outdoor space, high ceilings, floor-to-ceiling windows with thermal insulation, energy-efficient heating and cooling, and in-unit Miele washer/dryer.
↓ The majority of units enjoy unobstructed skyline views.
↓ Kitchens come equipped with custom white oak cabinetry, LED under-cabinet lighting, veined quartzite countertops and backsplash, and a suite of fully integrated Miele appliances.
↓ Primary suites feature walk-in closets, huge windows, and luxurious baths.
↓ Primary baths feature radiant heated floors, porcelain tiles, floating double vanities, custom medicine cabinets with integrated LED lighting, and walk-in rain showers.
↓ One-bedrooms start at an approachable $700K.
Floor plans via Nest Seekers
↓ Two-bedrooms start at $950K.
↓ A three-bedroom unit with two private balconies is on the market for $1.75 million.
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When Trader Joe's was announced as the retail tenant, celebrity broker Ryan Serhant noted that it would be a boon to the local community as well as residents - in addition to the much-ballyhooed “Trader Joe’s effect,” there is a paucity of grocery stores in the area. Residents-only amenities were designed with a connection to nature in mind and include a double-height lobby with water screen and green wall, a lounge with fully-equipped kitchen and outdoor deck, a fitness center with outdoor terrace, a treehouse-themed children’s playroom, and a terrace with cabanas, lounge chairs, grilling stations, dining areas, a water reflecting feature, and panoramic city views.
At an average price of $1,1286 per square foot, The Prime is roughly in line with its neighbors. Current availabilities at GALERIE start at $590K and come to an average price of $1,294 per square foot. At the opposite end of Court Square, listings at Skyline Tower, New York’s tallest building outside Manhattan, start at $680K.
All renderings of The Prime via Viserio
All images of Prime LIC circa September 2020 via CityRealty
Street-level view and home to incoming Trader Joe's. MoMA PS1 is across the street
Long Island City via CityRealty
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