$450M Condo Sellout At Skyline Tower LIC: 347 Units Sold At $1,642 PPSF

The sold-out condominium project at 3 Court Sq. West, known as Skyline Tower LIC, has achieved great success since its sales launch in June 2019. With a total transaction amount of $450,000,000, a total of 347 units have been sold, resulting in a blended price per square foot of $1,642. The projected total sellout for the entire project is estimated at $1,090,000,000, with a total of 802 units anticipated.

Summary of transation details

• Property Type: Condominium
• Transaction Amount: $450,000,000
• Units Sold: 347
• Blended Price Per Square Foot: $1,642
• Total Projected Sellout: $1,090,000,000
• Total Units: 802

The success of the Skyline Tower LIC project can be attributed to the collaborative efforts of various key individuals and companies. The sales team, consisting of brokers Helen Lee, James Thomson, Janette James, and Danny Li from Modern Spaces, played a crucial role in facilitating the transactions. The developers of the project include United Construction & Development, Risland US, and FSA Capital. The architectural design was led by Hill West Architects, known for their expertise in creating exceptional structures. The property is managed by AKAM.

For those interested in purchasing a unit in Skyline Tower LIC, prices range from $680,000 for a studio to $4,000,000 for a four-bedroom apartment. To learn more about this property, please contact Modern Spaces.