Skyline Tower, the tallest building in Queens, is the best-selling luxury building in New York City in 2021.
The skyscraper, located at 3 Court Sq. In Long Island City, sold several other luxury condo buildings in the city last year, according to Modern Spaces, the real estate agency that exclusively handles the marketing and sales of the Skyline Tower.
The 67-story, 802-unit building opened in 2019. The Skyline Tower has almost reached 60% in sales, according to Eric Benaim, founder and CEO of Modern Spaces. Earlier this year, they reported that their monthly sales had doubled after a COVID-19 pandemic slowed the market.
The 802 units include studios, 1 bedroom, 2 bedrooms and 3 bedrooms. The most expensive listings sold to date include a studio for $ 760,687; a 1 bedroom for $ 1,341,312; a 2 bedroom for $ 2,008,497; and a 3 bedroom for $ 2,561,736.
Benaim attributed the hot streak to the building’s amenities – which includes a state-of-the-art fitness center, 75-foot indoor pool, hot tub, sauna and steam room, children’s playroom, fitness center business and outdoor patio, among other features – and Long Island City as a desirable neighborhood.
“Long Island City is a very popular area, people love the proximity to Manhattan,” Benaim said. “It’s a nice mixed-use area with a wonderful waterfront.”
Benaim said buyers are mostly New Yorkers who want to invest or have more confidence in the housing market. He said the onset of the pandemic caused some setbacks in terms of unit sales, but brokers made up for it by taking thousands of virtual tours.
Benaim predicts that the Skyline Tower will be sold in 12 to 18 months, as they had originally planned.
“Coming out of a pandemic and selling as much as we have is witness to the building, the neighborhood and us as brokers,” Benaim said. “We are delighted for 2022.”