Sustainable Condo Launches Sales in LIC

3/11/20

Sales have launched for Modern Spaces is exclusively handling marketing and sales for units ranging in price from $810K to $1.28M.

The average price for two-bedroom condos in LIC saw a yearly increase of 6%, according to Modern Spaces’ Q4 2019 Market Report, suggesting 8 on 5th will be an attractive living option for young families in the highly-coveted neighborhood.

Developer:? 47-27 5th Street LLC

Architect: Issac & Stern

Unit mix:? Eight two-bedrooms

Pricing:$810,000 – $1.28M

Square footage:? 674 to 948 square feet

Address:?47-27 5th Street, Long Island City, NY 11101

Interiors + amenities:?

  • Kitchens feature custom Italian-made white oak finished cabinetry; Liebherr refrigerator and Bosch range and dishwasher
  • Bathrooms boast European-designed wall mounted cabinets, porcelain tiling, Kohler faucet & showers, Moreno toilets, LED Vanity mirrors and heated flooring
  • Every unit is equipped with an LG washer/dryer
  • All upper-floor units have outdoor balconies
  • Building offers storage units, for purchase


Architecture: 
Designed by Issac & Stern, 8 on 5th, the project was built with sustainability in mind, achieving a NYC green property certification. The exterior features a purple-brown brick exterior that adds an attractive, refined charm to the surrounding streetscape

Neighborhood: 

  • Just two streets away from LIC’s serene waterfront parks, i.e. Hunters Point South and Gantry Plaza State Park
  • Steps from trendy new food + drink spots, i.e. French bakery Cannelle, Rockaway Brewing Co. and more
  • Short distance from cultural venues, i.e. MoMA PS1 and The Creek & The Cave