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40-46 24th St #2D, Long Island City, NY, 11101

1beds
1baths
565sqft
$895,000
$1,584price/sqft
$5,651/moest. monthly cost
$226,040/yrincome needed

About This Home

The first resale opportunity at Mason LIC, one of Long Island City's newest boutique condominiums completed in late 2024. This south-facing one-bedroom residence offers a rare opportunity to own in a nearly new boutique condominium without purchasing directly from the sponsor. Thoughtfully designed for modern city living, the home features soaring ceilings over 10 feet, floor-to-ceiling windows that fill the space with natural light, and a highly efficient layout that maximizes both comfort and functionality. The open-concept living and dining area flows seamlessly into a beautifully appointed kitchen featuring custom cabinetry, sleek stone countertops, integrated Bosch appliances, and Grohe fixtures. The spacious bathroom is finished with large-format porcelain tile, a custom vanity, a walk-in rainfall shower, and premium Grohe fixtures. Additional highlights include wide-plank hardwood flooring, an in-unit Bosch washer and dryer, and generous storage throughout. Residents of Mason LIC enjoy a thoughtfully curated collection of amenities, including a landscaped rooftop terrace with grilling stations, a fully equipped fitness center, residents' lounge, children's playroom, package room with Amazon Hub, bicycle storage, part-time doorman and virtual doorman service. Perfectly positioned in the heart of Long Island City, the building is moments from MoMA PS1, Murray Park, Target, Trader Joe's, acclaimed restaurants, cafés, and the neighborhood's vibrant waterfront. Multiple subway lines—including the 7, E, M, R, N, W, F, and G—are all within easy reach, providing effortless access to Midtown Manhattan, Brooklyn, and beyond. An exceptional opportunity to own the very first resale residence at Mason LIC—one of Long Island City's most exciting new boutique condominium communities.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

7/10
Ps 112 Dutch KillsGrades PK-50.1 mi
8/10
Is 204 Oliver W HolmesGrades 6-80.2 mi
3/10

Construction

Condition

  • Year built: 2024

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 565
  • Total interior livable area: 565 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,525$54,300
Home Insurance *$321$3,852
Property Taxes $559$6,708
Electricity $246$2,954
Total$5,651$67,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,748/yr
40% on housing$169,530/yr
45% on housing$150,693/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,584This listing

vs Other Active Listings

Avg $/sqft

ZIP 11101$990
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11101$1,219
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Price change$865,000
2026-07-24Listed for sale$895,000
2025-01-09Sold$814,600
2024-12-03Contingent$800,000
2024-09-09Listed for sale$800,000

For Sale by Agent

AgentChiyun Wang
BrokerageAcre NY Realty Inc

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