Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $478K/room ▴19%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%FiDi $1,172/sf ▾2%
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Condominium · 2012
Ivy28
42-37 27th Street, between 42nd Road and 43rd Avenue · Long Island City
Buildings·Condominium

Ivy28

42-37 27th Street, between 42nd Road and 43rd Avenue · Long Island City

BBL 4004317501 · BIN 4005111

At a glance
Year built
2012
Type
Condominium
Units
28
Floors
8
Landmark
No
Amenities
Part-time doorman, elevator, courtyard, laundry facilities, package facilities and bicycle storage
The Data Room

Every recorded sale at this building, 2007–2024

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,310
Listing discount
-0.7%
Recorded sales
78
On record
2007–2024
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Ivy28 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.

Ivy28 is an eight-story condominium with a deliberately small residential inventory: 28 studios and one-bedroom homes around a courtyard-centered design. GP Architectural Studio designed the building for Queens Plaza 27, Inc. Its striped exterior and ivy-covered courtyard walls distinguish it from the larger developments around Court Square and Queens Plaza.

The Attorney General accepted the condominium plan in October 2013, and it became effective in September 2014. That filing separates the 28 residences from one commercial unit and two parking units. The residential count is therefore a defined legal category within a mixed-use property, not the total number of condominium interests.

The original apartment program concentrated on smaller homes with walk-in closets and efficient layouts. The courtyard supplies shared outdoor space within that compact format, and part-time entrance service adds staffing at a scale of fewer than thirty residences.

Architecture and unit composition

The exterior has two contrasting tones arranged in horizontal bands, divided by slim metallic elements. The courtyard introduces an interior-facing part of the plan, with planted walls and a mural. This creates a second setting for the building beyond its 27th Street frontage.

Studios and one-bedroom homes make up the original residential offering. Alcove and convertible configurations occur within that range, giving some plans a recess or additional separation within the main living area. A convertible description concerns how a space may be used; an enclosed legal bedroom still depends on the actual approved layout.

Walk-in closets were part of the initial design program. In apartments of this size, dedicated storage can reduce the need for freestanding wardrobes in the principal room.

The original kitchen specifications included granite counters, wood cabinetry and stainless-steel appliances. Bathrooms were designed with stone and tile finishes and soaking tubs. These are construction-era features; later owners may have replaced individual appliances or altered finishes during resale ownership.

Windows facing the street and windows facing the courtyard have different immediate outlooks. The courtyard places planting and an enclosed shared space close to the building, while the street frontage relates to the surrounding blocks. Height adds another distinction, but the direction and position of the windows remain essential to understanding a home's light.

The relatively narrow apartment range makes small plan differences consequential. An alcove, a more usable entry or a better separation between kitchen and living space can change how the same approximate interior area functions.

Building operations

Ivy28's shared facilities include an elevator, laundry, bicycle storage and package facilities. Part-time doorman service supports the entrance. The courtyard adds planted common space that requires ongoing maintenance within a small residential association.

The commercial and parking interests are separate from the apartments. The Attorney General filing identifies one commercial unit and two parking units; DOF groups the three nonresidential lots in tax class 4. Those parking interests aren't a parking entitlement for every residential owner — confirm whether a specific apartment includes one.

The 421-a benefit began in 2016 and remains active on the 2027 roll under a fifteen-year capped program. The benefit schedule is especially relevant to an owner planning beyond the remaining term. The program's cap and phaseout are separate from the apartment's common charges, which fund the condominium's operating expenses.

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.

DateUnitApartmentPricePPSFvs. Ask
Dec 24, 2024—
1,976 sf
$3,500,000$1,771/sfoff-mkt
Mar 14, 20245B
1 BR · 1 BA · 609 sf
$720,000$1,182/sf-2.0%
Dec 14, 20236B
609 sf
$725,000$1,190/sfoff-mkt
Apr 28, 20235
1 BR · 1 BA · 550 sf
$645,000$1,173/sf-2.0%
Dec 2, 2022—
4 BR · 2.5 BA · 2,300 sf
$1,725,000$750/sfoff-mkt
Oct 27, 2022—
2 BR · 1 BA · 1,232 sf
$1,200,000$974/sf-14.3%
May 20, 20224D
1 BA · 550 sf
$625,000$1,136/sf+0.0%
Feb 8, 2022—
2,740 sf
$3,500,000$1,277/sfoff-mkt

Market read. Most recent trades (2024) cleared a median $1,310/sf across 1 sale. Median listing discount -0.7% over ask.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

8B · 635 sf+46%
$566,979 ($931/sf) 2016 → $883,740 ($1,392/sf) 2019 → $829,873 ($1,307/sf) 2019
3B · 635 sf+33%
$605,858 ($995/sf) 2015 → $804,417 ($1,267/sf) 2018
2B · 635 sf+30%
$598,731 ($980/sf) 2015 → $778,961 ($1,227/sf) 2018
4B · 635 sf+27%
$631,315 ($1,037/sf) 2015 → $799,326 ($1,259/sf) 2018
6B · 609 sf+26%
$577,347 ($948/sf) 2016 → $896,926 ($1,412/sf) 2019 → $725,000 ($1,190/sf) 2023
View all 78 recorded sales, sortable

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 4-00431-7501) 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.

Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

The Roebling Report

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Comparable buildings

  • 5 Court Square West — A nearby condominium with a larger but still comparatively contained residential inventory.
  • Galerie — A larger, later condominium for comparing amenity depth and a wider layout range.
  • Skyline Tower — A much larger tower alternative for buyers prioritizing vertical exposure and extensive services.
  • Arris Lofts — A conversion peer offering a different relationship between interior volume and apartment size.
  • L Haus — A larger condominium with substantial shared outdoor space and a broader apartment mix.

More Long Island City buildings

  • Greene, 45-36 Pearson Street — 2021 condominium
  • HERO, 24-16 Queens Plaza South — 1925 condominium
  • Hunters View, 48-15 11th Street — 2007 condominium
  • LIV at Murray Park South, 11-30 45th Road — 2016 condominium
  • Lucent33, 37-34 33rd Street — 2023 condominium
  • Murano, 5-19 Borden Avenue — 2010 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.

Considering a move at Ivy28?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com