Live in a new luxury Long Island City rental, from $1,486/month

January 20, 2022

Rendering courtesy of the NYC Department of Housing Preservation and Development

A housing lottery opened this week for 31 middle-income units in a brand new luxury building in Long Island City. Designed by Fogarty Finger Architects, Rise LIC is a 10-story residential building offering its residents spacious units with extensive amenities. New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, which range from $1,486/month studios to $3,200/month three bedrooms.

Located at 29-17 40th Avenue (alternative address: 39-40 30th Street), Rise LIC contains 103 total apartments, 30 percent of them designated affordable. The building offers tenants a variety of amenities, including a rooftop terrace with breathtaking views of the city skyline. The rooftop terrace connects to a modern sitting area with a bar, a barbecue area, and a billiards room.

Residents will have access to a private electric scooter service provided by Levy, and concierge services provided by Hello Alfred. Additional amenities include a fitness center with a yoga studio, and a community laundry room with a pet spa.

The property’s modern apartments are warm and welcoming, with tall ceiling heights and floor-to-ceiling windows that bring in abundant natural light. The kitchens have a sleek design, with open shelving and stainless steel appliances.

Located just two blocks north of Queens Plaza, Rise LIC sits just a couple of blocks away from public transportation, including the E, M, R, N, and W subway lines.

Qualifying New Yorkers can apply for the affordable units until March 24, 2022. Fifty percent of the units will be set aside for residents of Queens Community Board 1. Five percent of the units are designated for residents with mobility impairments and two percent for those with hearing and visual impairments.

Full details on how to apply can be found here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

If you don’t qualify for the housing lotteries mentioned, visit’s no-fee rentals page for other apartment deals in the city.


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