Listing of the Day: 42-77 Hunter Street, #3A

The Madison LIC, the 10 Story condo building near Court Square nicknamed the LIC Finger Building, has begun listing units. This one, unit 3A is a one bedroom, one bathroom asking $525,000. It has all the trimmings that one has come to expect in a new condo building–floor to ceiling windows, central air, quartz counter tops and shiny appliances. The building offers a gym, back yard, roof deck, virtual doorman and bike room. Since there is no floor plan in the listing for this unit but there is one available on the building’s site for unit 2A, the apartment directly below, we’ll assume that the the dimensions are the same. At 575 square feet, the ask is $913 a square foot. There is also a 36 square foot balcony so adding that in brings it down a bit. That seems like an ambitious ask for this neck of the woods, but according to The Madison’s website, one unit is already in contract. The building is expected to be finished next month. Is a nice one bedroom here worth that price?

42-77 Hunter Street, #3A [Modern Spaces] GMAP