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24-16 Queens Plaza South, Long Island City, NY 11101

$695,000

0 BED 1 BATH - 486 SQ.FT

Property Description

Immediate Occupancy!

Exceptional investment opportunity with a valuable 421-a TAX Abatement in place through 2034, offering significantly reduced property taxes and enhanced long-term CASH FLOW potential.

Sleek finishes and a layout that maximizes space and South Exposure natural light, this stunning studio home strikes the perfect balance between tastefulness and efficiency. Features of this 486 sq. ft. apartment include gorgeous white oak flooring, huge windows with southern and western exposures, and a convenient in-home washer/dryer.

Beyond a practical entryway foyer adorned with a large coat closet, the home flows into a luminous, open-concept living room, dining room, and kitchen. The living space has dual exposure, while the windowed kitchen is equipped with an eat-in peninsula, custom MLAM Spanish Oak cabinetry, Caesarstone countertops, and a suite of fully-integrated appliances from Liebherr and Blomberg. The bedroom sits on the opposite side of the home and has a large reach-in closet and pristine en-suite bathroom with polished nickel fixtures, a floating vanity, and Stone Source floor tiles.

A collaboration between Silverback Development and Woods Bagot, Hero, is a full service building with attended lobby, and offers residents 15,000 sq ft of thoughtful amenities. These include an incredible rooftop deck with BBQ grills along with an integrated sky lounge and breathtaking city views, a state-of-the-art wellness center, a yoga studio with a 3,000 sq ft veranda featuring dramatic 30-ft ceilings, a multipurpose dining space, a package room, bicycle storage, a relaxing lounge, a pet spa, and a Zen garden. The building is surrounded by restaurants, cafes, bars, and shops with easy access to the stunning Long Island City waterfront. The 7/N/W/R/E/M/G subway lines are just seconds away and multiple Citi Bike locations surround the building.

Overview

Layout

0 Bed 1 Bath

Location

24-16 Queens Plaza South, Long Island City, NY 11101

​Size

486 ft²

Financial

Price

$695,000

Common Charge

$846/mo

Tax

$775/mo

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PLEASE CALL OR EMAIL US:
​Tel: 212-653-8880
45-10 Court Sq W, FL1, Long Island City, NY 11101
© ACRE NY 2023
All Rights Reserved by ACRE NY
Made in NYC
ACRE NY Realty is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity.  Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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