One Hunters Point
5-49 Borden Avenue, between Fifth Street and Vernon Boulevard, Long Island City, Queens
Long Island City, Queens
BBL 4000347501 · BIN 4533745
- Year built
- 2008
- Type
- Condominium
- Units
- 132
- Floors
- 12
- Amenities
- Attended lobby, resident superintendent, fitness center, residents' lounge, communal garden, bicycle storage and garage
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2008–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,253
- floor-adjusted, 2 sales
- Listing discount
- 2.8%
- Recorded sales
- 231
- On record
- 2008–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at One Hunters Point 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.
One Hunters Point puts 132 condominiums in a 12-story building on Borden Avenue, near the Long Island City rail terminal and the southern waterfront. Simone Development Companies developed the project with Newman Design Group. Broad windows, projecting balconies and horizontal bands give the building a consistent contemporary exterior.
Private outdoor space is an important part of the inventory. Many homes have balconies, while some ground-floor and upper-level properties have larger outdoor areas. The common garden supplies an additional outdoor setting for apartments without their own exterior space.
The original tax incentive has now ended. The building's 15-year 421-a benefit began in 2011 and last appeared on the 2026 roll. Buyers entering this established resale market are purchasing under a different tax position from the one attached to its early sales, even when the apartment itself retains its original layout and finishes.
Architecture and unit composition
The building's mass is mid-rise, with glass, steel and white horizontal elements defining the elevations. Balconies project from parts of the façade and create an exterior rhythm visible from the street. Large windows bring the surrounding city into the principal rooms; the depth and direction of the outlook depend on the apartment's position.
The residential mix includes one-bedroom and larger homes. Recorded resales range from compact apartments to homes with considerably more interior area. Open kitchens and in-unit laundry formed part of the original apartment program. Individual owners have had time to change finishes and equipment, so original specifications shouldn't be assumed to match a resale's present condition — verify current finishes during a showing.
Outdoor areas take several forms. A balcony provides an extension of the living space at the building's edge, while a garden home or a residence with roof access can have a different amount and arrangement of exterior area. The usable dimensions and access from the apartment are important distinctions among those types.
Borden Avenue places the building alongside rail infrastructure and near the waterfront streets. That setting gives the south-facing side a different immediate outlook from exposures looking into the neighborhood. A tour should include time with the windows open and on any balcony to understand the relationship between the apartment and the adjacent rail activity.
Building operations
An attended lobby and resident superintendent support the residential operation. Shared facilities include a fitness center and lounge, together with the communal garden. The outdoor common area has seating and grilling facilities, adding a ground-level amenity to the building's private balconies and terraces.
Garage and bicycle storage facilities are also part of the property. Parking availability and the legal interest attached to a space should be established separately from the apartment purchase. DOF identifies residential and nonresidential unit lots within the condominium, so the entire tax-lot inventory should not be described as apartments.
The residential 421-a program is no longer active. An older tax figure from the benefit period will therefore represent a different ownership-cost structure. The residential Class 2 designation also carries no assessment-growth cap; the existence of a condominium tax lot does not confer the caps used for certain smaller residential properties.
The building's pet, rental and pied-à-terre policies are commonly described as permissive, subject to confirmation with the managing agent. Those permissions do not settle application requirements, lease procedures or any separately imposed charges. A prospective rental owner needs the current leasing procedure for this condominium.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- PermittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
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.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $324 per room a monthMedian of 10 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.54 per square foot a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, residents' lounge, garage, bike storageSource: 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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
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 |
|---|---|---|---|---|---|
| Nov 4, 2026 | N8 | 1 BR · 1 BA · 608 sf | $775,000 | $1,275/sf | -10.9% |
| Aug 31, 2026 | 8G | 2 BR · 2 BA · 1,065 sf | $1,265,000 | $1,188/sf | -2.3% |
| Jun 10, 2026 | 7F | 2 BR · 2 BA · 936 sf | $1,260,000 | $1,346/sf | -2.7% |
| Nov 3, 2025 | 4K | 1 BR · 1 BA · 661 sf | $865,000 | $1,309/sf | -3.7% |
| Oct 10, 2025 | 9K | 3 BR · 2 BA · 1,220 sf | $1,800,000 | $1,475/sf | -5.2% |
| Aug 20, 2025 | 4G | 2 BR · 2.5 BA · 1,065 sf | $1,338,000 | $1,256/sf | -2.7% |
| Jul 7, 2025 | 7K | 1 BR · 1 BA · 661 sf | $850,000 | $1,286/sf | -9.1% |
| Oct 28, 2024 | 9E | 2 BR · 2 BA · 933 sf | $1,250,000 | $1,340/sf | -3.5% |
Market read. Most recent trades (2026 to date) cleared a median $1,253/sf (floor-adjusted) across 2 sales. 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 2.8% 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 4-00034-7501; 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 One Hunters Point, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 12 | $3,950 |
| 2 bedroom | 8 | $5,600 |
20 closed leases, October 2023 to September 2026. Most recent lease September 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 One Hunters Point and nearby.
At the recent median sale of $1.06M (8 sales in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $48,105 to close, or 4.5% of the price.
- Mansion tax: $10,625
- Mortgage recording tax: $15,340
- Title insurance: $4,781
- Attorneys, lender, building fees, reserves and filings: $17,359
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 selling
Describe the outdoor allocation precisely. A balcony, private garden, roof terrace and common garden offer different rights and uses. State the outdoor area belonging to the home separately from shared facilities, and show how it connects to the interior floor plan.
Comparable buildings
- L Haus: A nearby condominium of similar mid-rise scale and construction era, with a substantial shared outdoor program.
- Galerie: A newer condominium with a similar overall residential scale closer to Court Square.
- The View: A waterfront condominium for buyers placing greater emphasis on river-facing exposures.
- 5 Court Square West: A smaller, newer condominium in the Court Square portion of Long Island City.
- Arris Lofts: A converted industrial condominium for buyers considering loft interiors and a different architectural starting point.
More Long Island City buildings
- Lucent33, 37-34 33rd Street — 2023 condominium
- Murano, 5-19 Borden Avenue — 2010 condominium
- NOVO LIC, 37-28 30th Street — 2021 condominium
- One Murray Park, 11-25 45th Avenue — 2012 condominium
- Queens Plaza Condominium, 41-26 27th Street — 2004 condominium
- Star Tower LIC, 27-17 42nd Road — 2016 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 One Hunters Point?
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