Category: LIC Real Estate Listings

$23.15 million in financing secured for construction of new LIC mixed-use building

financing

Sep. 3, 2025 By Ethan Marshall The commercial real estate brokerage firm RIPCO Real Estate announced it has secured a $23.15 million loan from Bridge City Funding to provide first mortgage construction financing for a new mixed-use building on the lot at 37-20 Crescent St. in the Dutch Kills section of Long Island City.…

New nail studio opens at Malt Drive development in LIC

studio

Sep. 2, 2025 By Ethan Marshall Real estate developer TF Cornerstone announced the opening of a new nail studio, “sundays studio,” on the ground floor of the North building of the Malt Drive residential development, located at 2-21 Malt Dr. in the Hunter’s Point South section of Long Island City. This marks the sixth…

Average price of Queens homes for up to three families eclipses $1 million: report

price

Sep. 2, 2025 By Ethan Marshall The average cost of homes for one to three families reached $1,013,558 in the second quarter of 2025, marking the first time that price has reached $1 million dating back to the second quarter of 2024, according to a report by the real estate firm Brown Harris Stevens.…

Permits filed for 39-story residential building with 387 units in Long Island City

resident

Aug. 20, 2025 By Ethan Marshall Permits have been filed to construct a large residential building that would be 39 stories tall and have 387 housing units on the vacant lot at 23-15 43rd Ave. in Long Island City. This development would be 446 feet tall and take up 268,204 square feet of space.…

143-unit Openaire condominium hits market in Astoria

Aug. 12, 2025 By emarshall Aug. 12, 2025 By Ethan Marshall Sales have launched for the Openaire, a new 13-story condominium with 143 units at 26-15 4th St. in Astoria, bordering Long Island City. The units there range in size from studios to two-bedroom units. The starting prices are $499,000 for the studios, $582,000…

Rents soared in Queens in July 2025 from previous year: report

july

Aug. 11, 2025 By Ethan Marshall After the average cost of rent in Queens exceeded $3,000 in June 2025, the number continued to rise in July, with average rents increasing across the board among studios, one-bedroom and two-bedroom units in the borough, according to a report by M.N.S Real Estate. The average rent in…

Finding Room to Grow: NYC Apartment Buildings Designed with Families in Mind

Finding Room to Grow: NYC Apartment Buildings Designed with Families in Mind

Jul. 29, 2025 By Tara Lustberg Finding Room to Grow: NYC Apartment Buildings Designed with Families in Mind Finding family-friendly housing in NYC can be a challenge, especially with the average rent of a two-bedroom apartment in NYC averaging over $5,400 per month, according to apartments.com. According to reports, this is significantly higher (148%)…