Listing images by Rare Photography; courtesy of Compass
From its location on the fourth floor, this waterfront condo at 46-30 Center Boulevard in Long Island City (the same building that recently held the neighborhood’s priciest listing) directly overlooks the iconic Pepsi Cola sign. Seeking $1,698,000, the two-bedroom pad spans a generous 1,160 square feet. Common charges will add another $995 to the monthly payments, but due to a pilot tax abatement program, taxes for the property are only $13 a month.
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Photo courtesy of Compass
The most expensive condo in Queens just raised its asking price. The penthouse at 46-30 Center Boulevard in Long Island City made news last year when its price actually dropped from $4.25 million to $3.65 million during the so-called Amazon effect, a time when condo prices soared in the neighborhood as the tech giant prepared to move there. Sticking with its outlier trend, the penthouse is now listed for $3.988 million, despite Amazon pulling out of its planned headquarters in LIC earlier this year.
While real estate prices are expected to rise in Long Island City and the surrounding area due to Amazon’s impending move to the neighborhood, one listing has lowered its price. The most expensive apartment in the borough of Queens, located at 46-30 Center Boulevard, is on the market again, the New York Post reported. The penthouse, which sits just north of the Pepsi-Cola sign, is asking $3.65 million, less than the $4.25 million it was listed for in 2017. Soon after Amazon announced their move to Long Island City, interest in the neighborhood surged. As 6sqft previously reported, searches for residential apartments in the neighborhood are up 281 percent compared to the daily averages prior to the Amazon news.
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A local taxi mogul is hoping to set the record for most expensive single-family home ever sold in Queens. The Long Island City penthouse at 46-30 Center Boulevard is listed for $5.4 million, and the current record is a $3.35 million sale that went through last year in LIC. According to the Daily News, the three-bedroom pad was last purchased for just $2.5 million in 2009. The impressive penthouse features an expansive wraparound terrace, exquisite dark wood floors, and cathedral ceilings.
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