47-05 5th Street, #203, Queens (Long Island City), NY, 11101 | $1,695,000

Experience the pinnacle of luxury living in this exquisite 3 Bedroom/2 Bathroom duplex situated in The Monarch, a boutique condominium in the heart of Long Island City. This thoughtfully designed home offers a harmonious blend of modern elegance, comfort, and convenience - this stunning home sets a new standard for modern city living.
As you enter the home from the upper floor you’ll be greeted by an expansive living and dining area that is bathed in natural light, creating the perfect ambiance for entertaining or unwinding. The spacious living and dining area provides the perfect setting for entertaining, while the modern kitchen impresses with its sleek quartz countertops, a striking glass mosaic backsplash, and state-of-the-art stainless steel Bosch appliances, including: refrigerator, stove, dishwasher, and gas range with vented out duct fan. Adjacent to the kitchen, you’ll find the first two bedrooms - both of which are generously sized, feature ample closet space and showcase stunning views of Long Island City and Gantry State Park waterfront. The beautifully designed bathroom exudes spa-like serenity with its deep soaking tub, heated floors, and chic finishes. Throughout the home, rich white oak floors and contemporary design elements create an atmosphere of sophistication.
Descending to the master bedroom quarters, you’ll find a private oasis dedicated entirely to the primary suite. With soaring 11-foot ceilings and a sprawling walk-in closet, this expansive room easily accommodates a king-sized bed with room to spare for additional furnishings. The luxurious ensuite bathroom features a double vanity, a deep soaking tub, and heated floors for ultimate relaxation. Completing the home’s features is the added convenience of an in-unit Electrolux stackable washer and dryer.
Located just one block from Gantry State Park, this home is perfectly situated for enjoying the vibrant Long Island City neighborhood. Indulge in fine dining along Vernon Boulevard, or explore the lively nightlife on Jackson Avenue, all within a few blocks. Grocery shopping is a breeze with options like Trader Joe’s, Food Cellar, and Target just minutes away. Commuting to Manhattan is effortless, with the 7 train just a quarter mile away, whisking you to Grand Central in a single stop, as well as access to the East River Ferry and additional subway lines, including the E, G, and M, at nearby Court Square Station.
As a resident of The Monarch, a boutique condominium with only 21 units, you’ll enjoy an array of luxury amenities, including a full-sized gym, a rooftop terrace with BBQ grills, a private lounge, garage parking, additional storage, a virtual intercom system, and 24-hour superintendent service. The property also benefits from a 15-year 421A tax abatement, keeping monthly carrying costs impressively low.
This rare duplex combines exceptional space, breathtaking views, and an unbeatable location. Don’t miss this incredible opportunity to call it your home—schedule your private showing today!

Features

  • Town: Queens
  • Cooling: Through the Wall
  • Levels: 6
  • Amenities: Bike Room; Garage; Fitness Room; Lounge; Roof Deck;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Monarch, The
  • Year Built: 2016
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • LobbyAttendant: No
  • OLR#: 2111597
  • Days on Market: 172 days
  • Website: https://www.raveis.com
    /prop/2111597/47055thstreet_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Nest Seekers International

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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47-05 5th Street, #203, Queens (Long Island City), NY, 11101

$1,695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,356,000 $1,356,000 $1,356,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,021 $8,683 $11,534
Total Monthly Payment $8,146 $8,808 $11,659

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.