The Industry
21-45 44th Drive, near 21st Street and Court Square · Long Island City
BBL 4004387501 · BIN 4005181
- Year built
- 2010
- Type
- Condominium
- Units
- 75
- Floors
- 7
- Landmark
- No
- Amenities
- Attended lobby, resident superintendent, fitness room, landscaped courtyard, roof deck, playroom, bicycle storage, refrigerated package storage and on-site parking
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,269
- Listing discount
- 0.4%
- Recorded sales
- 250
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Industry would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Industry is a seven-story condominium near Court Square whose design refers to Long Island City's industrial building stock. GreenbergFarrow used steel-plate cladding for a new residential building with shared outdoor space, fitness facilities and parking. Its mid-rise scale remains a defining feature in a neighborhood where much of the newer condominium inventory is considerably taller.
The building distributes outdoor space across a courtyard, a common roof deck and private terraces or rooftop areas associated with selected homes. A buyer can therefore seek either shared outdoor access or an apartment with its own exterior space within the same address. The residential floors also accommodate a broad range of interior sizes.
The original tax benefit is now a material part of the ownership story. The 15-year 421-a program began in 2012, and DOF shows it as inactive on the 2027 roll. A resale should be evaluated with that later tax position in mind when comparing carrying costs against older ownership periods.
Architecture and unit composition
The exterior's industrial reference comes from its materials and proportions. GreenbergFarrow describes steel-plate cladding, a basement parking facility, fitness amenities, and both common and private rooftop terrace cabanas. The structure was designed as a condominium; the industrial expression is a design reference, not evidence of a former factory use.
Large windows and open kitchen arrangements are recurring interior features. Apartment configurations range from smaller one-bedroom homes to larger multi-bedroom residences and upper-level homes with outdoor space. In-unit laundry is a recurring feature, while individual renovations have introduced differences in kitchens, baths and storage arrangements since the building opened.
The architect's original project description used a lower apartment count than present city records. DOB's signed new-building filing identifies 75 residential units, the figure used here (PLUTO records 74). That distinction matters in a building whose condominium also contains numerous separately classified nonresidential lots: a total lot count is not an apartment count.
Recent residential transactions include homes around 700 square feet and substantially larger apartments above 1,500 square feet. Some upper-level homes combine larger interiors with private outdoor areas. Smaller homes also trade on upper floors, so position near the roof does not by itself identify a large apartment.
Building operations
An attended lobby and resident superintendent support the building's daily operation. The amenity package includes a gym, playroom, landscaped courtyard and roof deck. Bicycle storage, refrigerated package storage and parking add practical facilities beyond the common recreation rooms.
The common roof and private rooftop areas serve different functions. Shared deck access belongs to the building's amenity program, while a private cabana or terrace depends on the rights attached to a particular home. A purchase description should distinguish the apartment's own exterior area from a shared roof photograph.
The condominium includes both residential and commercial tax lots. Residential apartments are class 2, whose assessment growth has no statutory cap. Commercial classification elsewhere within the condominium does not change the residential apartment's own tax classification. The building-wide zoning line likewise describes the combined development, including its mixed-use context.
The inactive 421-a status makes historical tax bills a poor proxy for future ownership costs. The original benefit's start date and term remain useful history, but a buyer should model the apartment using its current billed position. The distinction is particularly relevant when comparing a seller's long period of ownership with a new purchase today.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 10, 2026 | 4J | 1 BR · 1 BA · 749 sf | $888,000 | $1,186/sf | -1.1% |
| Jun 29, 2026 | 6A | 3 BR · 3 BA · 1,729 sf | $3,185,000 | $1,842/sf | -7.7% |
| May 29, 2026 | 3I | 1 BR · 1 BA · 753 sf | $845,000 | $1,122/sf | +0.0% |
| Mar 16, 2026 | 6I | 1 BR · 1 BA · 704 sf | $1,111,000 | $1,578/sf | -0.4% |
| Oct 10, 2025 | 6J | 1 BR · 1 BA · 704 sf | $1,128,000 | $1,602/sf | -4.2% |
| Jan 16, 2025 | 4H | 2 BR · 2 BA · 1,111 sf | $1,360,000 | $1,224/sf | -2.0% |
| Dec 18, 2024 | 5L | 1 BR · 1 BA · 718 sf | $1,150,000 | $1,602/sf | off-mkt |
| Oct 23, 2024 | PU05 | 153 sf | $150,000 | $980/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,269/sf across 4 sales. Median listing discount 0.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 4-00438-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
At the recent median sale of $1.11M (9 sales since 2024), a buyer putting 25% down would pay about $49,865 to close, or 4.5% of the price.
- Mansion tax: $11,110
- Mortgage recording tax: $16,040
- Title insurance: $5,000
- Attorneys, lender, building fees, reserves and filings: $17,716
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Identify what travels with the apartment. The building has parking, storage and private rooftop areas, but the presence of those facilities does not attach every one of them to every residence. The contract description should identify any separately conveyed lot or assigned exclusive-use area alongside the apartment itself.
Comparable buildings
- 5 Court Square West — Another condominium near Court Square with a relatively contained residential inventory.
- Galerie — A larger, later condominium for comparing amenity provision and contemporary layouts.
- L Haus — A condominium peer with substantial shared outdoor space and a larger overall inventory.
- The View — A waterfront condominium alternative where location and outlook change the comparison.
- Skyline Tower — A much taller Court Square condominium with a different scale of services and vertical exposure.
- Arris Lofts — A conversion alternative for buyers specifically seeking industrial-building architecture and loft proportions.
More Long Island City buildings
- The Galaxy, 5-03 50th Avenue — 2006 condominium
- The Gantry, 48-21 5th Street — 2005 condominium
- The Harrison, 27-21 44th Drive — 2015 condominium
- The Monarch, 47-05 5th Street — 2015 condominium
- The Neighborly, 37-14 34th Street — 2019 condominium
- The Sunswick, 37-29 32nd Street — 2019 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Long Island City.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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