【NYC Real Estate】Paragon LIC Launches Sales as First Waterfront Condo in Over a Decade
- ARCFE U.S.
- 10 hours ago
- 2 min read
A luxury condominium development on Long Island City's waterfront has officially launched sales, marking a major milestone for one of New York City's fastest-growing residential neighborhoods. Marketed as Paragon LIC, the 186-unit luxury tower is the first new-construction waterfront condo project to rise along Queens' East River edge in more than ten years.
Developed by ZD Jasper, the 23-story building at 45-40 Vernon Boulevard seamlessly integrates modern architecture with local history, incorporating parts of the historic 1930s Paragon Paint Factory into its base. With occupancy expected this fall, exclusive sales and marketing are being handled by Ryan Serhant's namesake firm, SERHANT., with residences ranging from studios to four-bedrooms priced from $655,000 to $4.65 million.
The development sits adjacent to the OneLIC Neighborhood Plan, a major 54-block rezoning approved by the City Council in November. This city-led initiative—the largest neighborhood-specific rezoning in 25 years—is expected to pave the way for approximately 14,700 new apartments, parklands, and infrastructure upgrades, further elevating the desirability of the Long Island City waterfront.
Designed by Archimaera with interiors by MAWD, Paragon LIC features signature double-height balcony "boxes" offering panoramic Manhattan skyline views. Premium amenities include an outdoor pickleball court, a state-of-the-art gym, a golf simulator, and a private karaoke room, catering to local buyers eager to upgrade within their beloved neighborhood.
Source: Homes.com
Disclaimer: Articles published under the "News" category are curated from third-party media sources for informational purposes only. ARCFE does not claim ownership of the original content, nor does it guarantee the accuracy, completeness, or timeliness of the information presented. The views and opinions expressed in these articles are those of the original authors and do not necessarily reflect the position of ARCFE. Nothing contained herein constitutes investment, legal, or tax advice. Readers are encouraged to consult with qualified professionals before making any investment decisions.
