Ivy28

Ivy28 is a condo located 42-37 27th Street, in Long Island City, Long Island City. The building was first built in 2012 and is 12 years old. The official lot area is listed as 4,500 square feet. The building itself is 50 feet wide and 94 feet long. In total, 42-37 27th Street has a total floor area of 20,672 square feet. Of that, 16,006 square feet are used for residential purposes. About 4,666 square feet of the building are used for commercial purposes. Additionally, the building has a 520 square feet garage. There are a total of 58 units. Of those, 55 are residential units. There are 3 commercial units. 42-37 27th Street has a total of 8 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! There are 41 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 270 days Meaning, listings tend to sell at a median of $1,011 price per square foot. The transaction that took the longest to complete was unit 5D, listed on Apr 27, 2022 for $650,000. This particular unit ultimately sold 366 days later for $645,000. The most recent transaction was for unit 6B, sold for $725,000 on Dec 14, 2023. Fun fact, the oldest transaction we have on record took place on Sep 08, 2011. See the full transaction history for Ivy28 below.

Long Island City, where 42-37 27th Street is located, has a median asking price of $749,000 for condo buildings. Meanwhile, the building itself has a median asking price of $592,500. For interested buyers, that means the building's median asking price is around 0.21% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $749,000. It is a 580 sqft studio-bedroom and 1-bathroom unit.