3 Court Square (Skyline Tower)
3 Court Square, Long Island City, NY 11101
BBL 4004377502 · BIN 4005166
- Year built
- 2018
- Type
- Condominium
- Units
- 802
- Floors
- 67
- Landmark
- No
- Pets
- Dogs, cats, caged birds and fish permitted with board consent and pet registration; the by-laws reserve to the board the right to set limits on size and number, and pets must use the designated elevator (per the residential rules and regulations on file)
- Financing
- Standard condominium financing; no cooperative-style down-payment floor
- Flip tax
- Not documented in the materials reviewed for this page — confirm with the managing agent
Skyline Tower is the largest single condominium offering ever brought to market in Queens, and by some distance the borough's most consequential for-sale residential building. Eight hundred and two apartments in one tower — more than most Manhattan neighborhoods absorb in a decade — sold from a single sales gallery under one offering plan, at a projected sellout the sponsor put at roughly $1.09 billion. That figure made Skyline the first condominium in Queens history to aim at ten figures, and the effort to reach it defined the Long Island City market for five years.
The building itself is the work of Hill West Architects, the firm that has done more than any other to shape the skyline of the East River's Queens shoreline. At 778 feet across 67 stories, Skyline Tower was the tallest building in Queens on completion, rising directly across 44th Drive from One Court Square — the 1990 Citigroup tower that had held that title for three decades and that still anchors the Court Square skyline. The two towers together now read as the borough's central business district from every westward vantage in Manhattan.
The design is a blue-glass shaft edged in clear glass, stepping and tapering as it rises so that the upper floors read as a series of setbacks rather than a single slab. The practical consequence is that a very large share of the inventory has unobstructed Manhattan views: the tower sits far enough east of the waterfront that nothing between it and the East River rises high enough to block the middle and upper floors, and the Midtown skyline sits directly across the water. That view — not the finish level, not the amenity package — is the building's primary asset and the reason its upper-floor lines price at a meaningful premium to the rest of the stack.
The sponsor is BGY CityView LLC, the entity named on the condominium offering plan dated October 12, 2018, backed by United Construction & Development Group with Risland U.S. Holdings and FSA Capital. The development site was acquired from Citigroup in 2015 for approximately $143 million. The plan's first projected year of condominium operation ran from July 1, 2020 through June 30, 2021; closings began in February 2021 and the building has been in the market continuously since.
Skyline Tower matters for a second reason: it is the clearest test case anywhere in the outer boroughs of what happens when a very large condominium sells into a market that turns. The building came to market at the top of the 2018–2019 Long Island City cycle, closed its first units in the middle of the pandemic, and worked through the balance of its inventory across a period of rising rates. Its transaction record is deep enough — city records show more than eight hundred individual unit deeds since 2021 — that it functions as a price index for the entire Court Square submarket rather than merely as one building among many.
Architecture and unit composition
The 802 residences run from studios through four-bedroom configurations, distributed across 67 floors with the largest and highest-priced units concentrated in the upper tiers. Sponsor materials describe floor-to-ceiling windows throughout, with the tower's corner and west-facing lines carrying the direct Manhattan exposure that drives pricing.
Two structural points are worth flagging for anyone underwriting a purchase here:
The inventory is stratified by line, not by floor alone. In a tower this tall with this many apartments per floor, two units on the same floor can differ by hundreds of dollars per square foot depending on exposure. Comparable analysis at Skyline Tower has to be line-specific; building-wide averages are close to meaningless as a pricing tool.
Storage was sold, not licensed. The offering plan's storage schedule offered 141 lockers — 4,524 square feet in aggregate — as separately conveyed interests at individual offering prices. A locker at Skyline is an asset that transfers with, or apart from, the apartment, and it should be confirmed on title rather than assumed.
The plan also identified a set of Reserved Residential Units — apartments the sponsor withheld from the initial Schedule A and reserved the right to offer later by amendment — and a resident manager's unit. Sponsor-held inventory in a building of this size affects both the common-charge base and the voting dynamics of the board, and its current status is a fair diligence question.
Building operations
Skyline Tower operates as a full-service condominium under a professional managing agent, with a 24-hour doorman and concierge and a resident superintendent. The amenity program is unusually deep by outer-borough standards and sits across several floors: two residents' lounges, one of them a double-height room with billiards and a kitchenette; a 75-foot heated indoor swimming pool with an adjacent spa carrying a whirlpool, a cedar-planked sauna and a private treatment room; a large fitness center with a dedicated yoga and pilates studio; a children's playroom; a business center; an outdoor terrace; a pet spa; and a central laundry room in addition to the in-unit washer/dryers.
The building has an on-site parking garage, which the residential rules and regulations describe as a separate Garage Unit served by a vehicle loading area and a vehicle elevator, with rules restricting standing and parking in the entry.
Recent sales
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Feb 20, 2026 | 2306 | $718,000 |
| Dec 8, 2025 | 1806 | $730,000 |
| Oct 9, 2025 | 3212 | $1,300,000 |
| Jun 10, 2025 | 505 | $1,650,000 |
| Jun 12, 2025 | 6101 | $2,087,412.5 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 4-00437-7502) 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.
What to know if you’re buying
Buy the exposure, not the address. The premium at Skyline is a view premium. A middle-floor apartment facing east and a middle-floor apartment facing the Manhattan skyline are different products at different prices, and the building's own inventory contains both.
Read the house rules before you sign. The building-wide smoking ban and the 80 percent floor-covering requirement are enforceable provisions of the by-laws, not aspirations.
Confirm the tax picture on the specific unit. Do not underwrite from a generic assumption about abatements in Long Island City. Pull the current tax bill and run a True Monthly Carrying Cost analysis against it.
Ask about sponsor inventory. In a building of 802 units, how many remain in sponsor hands materially affects the common-charge base, the reserve position and future competition with your own resale.
Transit is the strongest structural argument for the location. Court Square is one of the densest transfer points in the system — the 7 at Court Square, the E and M at Court Square–23rd Street, and the G — putting Midtown within a single stop.
What to know if you’re selling
Your competition is inside the building. Price against the current active set on your own line and tier, not against the building's historical averages.
Lead with the view and the floor. These are the variables buyers are actually paying for, and photography that establishes the exposure does more work here than finish detail.
Storage is a saleable asset. If the apartment conveys with a deeded locker, that is a separate value component and should be marketed as one.
Build the right-of-first-refusal waiver into the timeline. Contracts here should assume board processing time and a five-business-day closing notice; a schedule that ignores it will slip.
Comparable buildings
If you're considering Skyline Tower, also evaluate:
- One Court Square (Citigroup Building) — the 1990 tower directly across 44th Drive that defined the Court Square skyline before Skyline Tower; office rather than residential, but the essential context for the location
- The Star Tower (27-19 44th Drive) — a smaller Court Square condominium a block away; the closest same-submarket alternative at a lower unit count
- Galerie (22-18 Jackson Avenue) — a Court Square condominium with a comparable new-development amenity program at a smaller scale
- Corte (26-32 Jackson Avenue) — a Long Island City condominium on Jackson Avenue; a lower-rise alternative in the same submarket
- Brooklyn Point (138 Willoughby Street) — Extell's 68-story Downtown Brooklyn tower; the closest structural peer in the outer boroughs by scale, amenity depth and sellout ambition, though structured as a leasehold cond-op rather than a condominium
- Front & York (85 Jay Street) — the largest condominium in DUMBO; a full-block, amenity-heavy comparison at a comparable unit count
- J Condominium (100 Jay Street) — a large DUMBO condominium tower with Manhattan views; a useful cross-borough pricing benchmark
- The Beacon Tower (85 Adams Street) — DUMBO condominium with river and skyline exposure
- One Brooklyn Bridge Park (360 Furman Street) — the largest condominium conversion in Brooklyn; the closest analogue for a single building that functions as its own submarket
Considering a move at Skyline Tower?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Skyline Tower 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.