Listing Courtesy of Nest Seekers LLC
$1,400,000
Potential Rebate: $21,000
Discover Long Island City’s newest luxury high-rise condominium, completed in 2025. PHA is an exquisite two-bedroom, two-bathroom home featuring southeast-facing, floor-to-ceiling windows that frame breathtaking city and open skyline views. The thoughtfully designed Gourmet Kitchen boasts an open layout flooded with natural light, equipped with top-tier built-in appliances, including a Bloomberg refrigerator, Bertazzoni gas stove, and dishwasher. Original-cut quartz countertops enhance the space, creating an elevated cooking experience. The living area offers a spacious, open-concept layout with elegant engineered hardwood floors and soft-toned lighting, providing an inviting ambiance. The primary and secondary bedrooms are generously sized, with custom coat closets and central air conditioning for ultimate comfort. Step into the spa-inspired bathrooms, designed with sleek high-quality porcelain tiles that blend form and function for a refined, modern aesthetic. This smart home has keyless entry, a smart thermostat, and an in-unit washer and dryer, ensuring seamless convenience. Residents also have access to a state-of-the-art fitness center on the 10th floor, designed to meet all your wellness needs..
$8,246 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$21,000
Monthly savings impact
$58/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20039318

Compare average listing prices and value metrics for 42-62 Hunter Street against the surrounding Long Island City market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Long Island City price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Long Island City.
Long Island City (LIC) is the skyline of Queens. Once an industrial powerhouse, it is now a shimmering wall of glass towers facing Manhattan. For buyers seeking Long Island City Queens real estate, it offers luxury high-rise living with the best commute in the borough.
Living in LIC is modern and fast. It is a 24/7 neighborhood with waterfront parks, breweries, and art museums. As a Queens NYC neighborhood, it rivals Downtown Brooklyn for density and amenities.
The market for homes for sale in Long Island City is dominated by luxury condos. Gleaming towers like Skyline Tower offer resort-style amenities.
There are also converted lofts in the Hunter's Point and Dutch Kills sections.
The lifestyle in LIC is convenient. Residents can be in midtown Manhattan in 5 minutes.
The community is a mix of young professionals, artists in the remaining lofts, and families enjoying the waterfront.
LIC is a transit hub. Served by the 7, N, W, R, M, E, F, and G trains, plus the NYC Ferry. It is arguably the most connected neighborhood in NYC outside of Manhattan.
Gantry Plaza State Park is one of the best parks in the city, famous for its Pepsi-Cola sign and Manhattan views.
Amenities: A exploding restaurant scene on Vernon Blvd and breweries like Fifth Hammer.
LIC is best for Manhattan commuters, view seekers, and lovers of modern luxury.

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