Leasing Launches at Luna LIC, Offering Free Month Rent With Units Starting at $1,962

June 18, 2016

Luna LIC has kicked off leasing on its 124 rental homes priced a fraction less than similar units in Manhattan. Situated one subway stop from Midtown at 42-15 Crescent Street within the Queens Plaza section of Long Island City, the leasing team for a limited time is offering a month’s free rent and no broker’s fee for incoming lease signors. Current availabilities specify net effective rents beginning at $1,962/month for studios, $2,399 for one-bedrooms and $3,599 for two-bedrooms.

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab

Homes offer high waffle-slab ceilings, large windows, hardwood floors, stainless steel appliances and a Bosch washer and dryer. Select residences, such as the two duplex penthouses, feature balconies or private terraces.

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab
Game Room

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab
Roof Deck

The pet-friendly building’s amenities include an attended lobby and concierge, on-site resident manager, fitness center, common roof deck with spectacular Manhattan views, and a gaming lounge with a billiard table, bar and TV.

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab

Discerning the value LIC offers renters in comparison to Manhattan, Jeffrey Kaplan’s Meadow Partners purchased the 1953-built former office building for $19 million in 2012. With the pragmatic design firm Avinash K. Malhotra Architects at the helm, the team embarked on the modernization and conversion of the 100,000-square-foot structure, adding 10,000 square feet and two stories atop. In February, World Wide Group entered a contract to purchase the nearly finished building for roughly $70 million and will handle the residential and retail leasing. Worldwide recently completed the construction of its amenity-laden, 421-unit rental building named QLIC nearby.

Long Island City Rentals, NYC Developments, Residential COnversions, Concrete Waffle Slab

See listings at Luna LIC’s official site here. And visit CityRealty’s no-fee rentals page for other apartment deals in the city.

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