A penthouse at Skyline Tower in Long Island City closed for $5.2 million on June 20, smashing the previous Queens condo sales record by over $800,000. The buyer, represented by Modern Spaces, now owns the borough’s most expensive apartment.

The $5.2 million sale of penthouse #801 at 3 Court Square, Skyline Tower’s crown jewel, closed Thursday and launched Long Island City to the top of the Queens luxury market. Modern Spaces CEO Eric Benaim, who represented both the buyer and the developer, confirmed the deal’s details to NYC Pulse Friday morning.

The 3,000-square-foot penthouse occupies the full 67th floor and boasts four bedrooms, four baths, and sweeping views from the East River to JFK. The building, which started closings in 2021, is now over 95% sold, with this deal marking the priciest unit ever recorded in the borough according to city property records.

Skyline Tower, developed by United Construction & Development Group, has become a magnet for buyers fleeing Manhattan’s sky-high prices. Eric Benaim told NYC Pulse, “This is a sign Queens can hold its own in the city’s luxury market. Our buyer wanted a true trophy property without leaving the city, and LIC delivered.”

The $5.2 million sale surpasses the previous record — a $4.4 million Skyline Tower penthouse trade in February 2022. With limited new condo inventory in western Queens, brokers say demand for high-floor, full-service units remains intense, even as the broader market cools.

Frequently Asked Questions

Where is Skyline Tower located?

Skyline Tower stands at 3 Court Square in Long Island City, Queens, directly above the Court Square subway complex. The building is the tallest in Queens, with 802 units and sweeping skyline views.

Who bought the record-setting penthouse?

The buyer of Penthouse #801 was not publicly named, but Modern Spaces CEO Eric Benaim confirmed his brokerage represented both the seller (United Construction & Development Group) and the buyer, a local entrepreneur seeking skyline views and proximity to Midtown.

How does this sale compare to previous Queens condo records?

This $5.2 million deal beats the prior Queens record of $4.4 million, also at Skyline Tower. Before 2022, no Queens condo had sold above $4 million. The sale signals LIC’s growing appeal for high-end buyers priced out of Manhattan and Brooklyn.

Frequently Asked Questions

What is the record sale price for a condo in Queens?

The record sale price for a condo in Queens is $5.2 million, set by Penthouse #801 at Skyline Tower on June 20, 2024.

Where is Skyline Tower located?

Skyline Tower is located at 3 Court Square in Long Island City, Queens, directly above the Court Square subway complex.

How large is the record-setting Skyline Tower penthouse?

The penthouse occupies the entire 67th floor, is 3,000 square feet, and has four bedrooms and four bathrooms.

Who bought the $5.2 million Skyline Tower penthouse?

The buyer was a local entrepreneur seeking skyline views and proximity to Midtown, but their name was not publicly disclosed.

How does this sale compare to previous Queens condo records?

This $5.2 million sale surpasses the previous Queens condo record of $4.4 million, also set at Skyline Tower in 2022.

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