Lightstone Completes Long Island City Development
- Nov 09, 2017
Real estate investor and developer Lightstone has completed ARC, a 428-unit apartment property at 30-02 39th Ave. in the Dutch Kills section of Long Island City in Queens. The property is available for immediate occupancy.
Studios are available starting at $1,800, with one bedrooms starting at $2,300 and two bedrooms starting at $3,500. Those rents are less than the average in Long Island City, which is the most expensive rental market in Queens, according to MNS.
According to MNS’ October 2017 report on Queens’ rental market, studios average $2,408 in Long Island City. One-bedroom units average $3,030, while two-bedroom units fetch an average of $4,060.
Residences at ARC include a mix of studios and one-bedroom, and two-bedroom apartments, all of which feature nine-foot ceilings, casement-style floor-to-ceiling windows and in-wall heat pumps with remote digital thermostats.
Common amenities at ARC include a rooftop pool club featuring a 70-foot long outdoor salt-water pool with a sundeck, rooftop lounge, barbecues, cabanas for outdoor dining and bocce courts. ARC also features a staffed health club with a fitness center, spin room, yoga studio, private training facilities, locker rooms, basketball court, and golf simulator.
ARC offers a private courtyard park with a greenhouse for year-round gardening and private events, as well as a residential lounge, library, club room, game room, private and collaborative workspaces, and a catering kitchen. A full-time lifestyle director manages the building’s amenity program.