Deal for LIC penthouse breaks Queens price record

TRD New York /
Feb.February 21, 2013 06:00 PM

An all-cash deal for a penthouse at The View in Long Island City has broken the record for the highest price paid for a condominium in Queens, The Real Deal has learned.

The property, at 4630 Center Boulevard, sold for $3.1 million in a year-end close; it had been listed for $3.25 million by Silvette Julian of Nest Seekers International since July, records show. The record had been $3.04 million paid in 2008 for a unit at Long Island City’s Arris Lofts. An Australian native purchased the three-bedroom, four-bath home through Hong Kong-based Quafferdog Investments Limited. The seller was local businessman Tony Georgiton, records show. 

The new owner plans to use the 2,260-square-foot penthouse as a pied a terre, Julian told The Real Deal.

Sarah Yun, also of Nest Seekers, represented the buyer. Yun could not be reached immediately for comment.

Eric Benaim, CEO of Long Island City-based brokerage Modern Spaces, is not surprised by the deal.

“We’re seeing prices increase dramatically [in the neighborhood] and The View is pretty much the most exclusive address in Long Island City,” he said.

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