First look at Paragon, Long Island City’s first new waterfront condo in a decade
Renderings courtesy of Redundant Pixel unless otherwise noted.
Here’s an exclusive look at the first new condo development built on the Long Island City waterfront in more than a decade. Developed by ZD Jasper and designed by Archimaera, the 23-story Paragon at 45-40 Vernon Boulevard incorporates the historic Paragon Paint Factory into the tower’s base. Residences will range from studios to four-bedrooms and feature interiors by March and White Design (MAWD), with ceiling heights of up to 10 feet and floor-to-ceiling windows offering up views of the Manhattan skyline and East River. Adjacent to Anable Basin, the project also includes a large public open space with a waterfront park and walkway connecting the neighborhood to the East River.
Located next to Anable Basin, the tower’s design draws on the neighborhood’s industrial past, with its name inspired by the Paragon Paint Factory, which has been integrated into its base. The factory, which was built in the 1930s, sat abandoned after the owner died in 2004.
The tower’s design also references the area’s new glass residential towers through a staggered box motif with copper-toned projecting frames.
“The property’s outsized potential was clear from the start,” Jasper Wu, vice president of ZD Jasper, said.
“We’ve painstakingly designed an exceptional residential experience with our talented partners in one of NYC’s most dramatically-evolved, central neighborhoods, and we’re thrilled to finally unveil this outstanding condominium.”
For the building’s 186 residences, MAWD took a careful approach to interior design, ensuring that light, proportion, and circulation are resolved at both the building and unit levels.
Materials are consistent throughout, with soaring ceiling heights, five-foot-wide oak plank flooring, and triple-paned windows with high-quality sound and thermal insulation.
Kitchens boast natural marble stone with full-height backsplashes, with Estremoz Calcatta stone and integrated Bosch appliances in standard residences, and Breccia Capraia marble and Gaggenau appliances in penthouses.
Primary bathrooms include porcelain slab tile, custom mirrored medicine cabinets, and GESSI fixtures, with most residences also featuring TOTO Neorest automatic toilets.
The property offers a range of amenities, including a pickleball court, fitness center, golf simulator, and karaoke room. Residents also have access to a landscaped roof terrace with grills and a sky lounge with indoor and outdoor seating, all set beneath a solar canopy.
Other conveniences include a 24-hour attended lobby, LATCH keyless entry system, NEST Learning thermostats, a package room with cold storage, an Amazon hub, and bike storage.
SERHANT. New Development is leading sales and marketing for Paragon, with occupancy expected this fall.
In an interview with CityRealty last month, SERHANT. agent Kayla Lee said Paragon stands out for being the “only condo that directly touches the water at Anable Basin.”
“We’ve built an interest list of several hundred people, which is something we haven’t seen before,” Lee told CityRealty. “There’s a lot of demand for something that feels new, polished, and elevated in LIC, and this really delivers that.”
According to CityRealty, prices for the 186 apartments will start at $655,000 for studios, $940,000 for one-bedrooms, $1.5 million for two-bedrooms, and $2.15 million for three-bedrooms. The first move-ins are estimated for Q4 2026.
“Paragon sets a new standard in LIC. It’s actually wild how desperately a condo of this caliber was needed in this location. We’re working through a backlist of locals who would never leave LIC and are eager to level up,” Ryan Serhant, founder and CEO of SERHANT., said.
“The market has been waiting over ten years for this tower, and we anticipate a rapid sellout.”
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