Ivy28
42-37 27th Street, between 42nd Road and 43rd Avenue · Long Island City
Long Island City, Queens
BBL 4004317501 · BIN 4005111
- Year built
- 2012
- Type
- Condominium
- Units
- 28
- Floors
- 8
- Amenities
- Part-time doorman, elevator, courtyard, laundry facilities, package facilities and bicycle storage
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Part-time doorman
Every recorded sale at this building, 2014–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,182
- floor-adjusted, 1 sale
- Listing discount
- -0.9%
- Recorded sales
- 35
- On record
- 2014–2024
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.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Building staffing and amenities
- Doorman
- Part-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Garden, bike storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. 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 |
|---|---|---|---|---|---|
| Mar 14, 2024 | 5B | 1 BR · 1 BA · 609 sf | $720,000 | $1,182/sf | -2.0% |
| Dec 14, 2023 | 6B | 609 sf | $725,000 | $1,190/sf | — |
| Apr 28, 2023 | 5 | 1 BR · 1 BA · 550 sf | $645,000 | $1,173/sf | -2.0% |
| May 20, 2022 | 4D | 1 BA · 550 sf | $625,000 | $1,136/sf | +0.0% |
| Aug 19, 2021 | — | 1,232 sf | $1,600,000 | $1,299/sf | +0.0% |
| Jun 9, 2016 | 8B | 609 sf | $566,979 | $931/sf | — |
| Jun 9, 2016 | 8C | 639 sf | $594,909 | $931/sf | — |
| Jun 9, 2016 | 2C | 472 sf | $360,000 | $763/sf | — |
Market read. Most recent trades (2024) cleared a median $1,182/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount -0.9% over ask.
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 4-00431-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at Ivy28, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 2 | $3,050 |
| 1 bedroom | 4 | $3,475 |
7 closed leases, October 2023 to September 2026. Most recent lease August 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Ivy28 and nearby.
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.
Keep up with Ivy28 and its market
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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.
646.939.7375 · c.cohen@compass.com