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NYC/NJ Rental Market AI Weekly Report

LIC Rental Analysis: May 25 – May 31, 2025

NYC Estay AI Market Report LIC Rental Data May 25–May 31

NYC/NJ Estay AI Assistant – Smart Leasing Tools for LIC

Long Island City's rental market continues to show strong momentum as we approach the peak summer rental season. Estay AI leverages real-time transaction data, historical trends, and promotional listings to help users understand shifts in the LIC rental market and uncover timely rental opportunities. This week's report covers: an overview of special rental offers in LIC, rent trends by unit type, comparative building pricing across Brooklyn, and a spotlight analysis of The Copper. Estay AI empowers renters to make faster, smarter, and more informed decisions.

Special Rental Offers in LIC – AI Analysis

This week, Estay AI tracked exceptional promotional activity across Long Island City. Heritage 27 on 27th leads with the highest discount of 16.67%, offering 2.5 months free on a 12-month lease. 5 Pointz LIC follows closely with the same 16.67% discount, also offering 2.5 months free on a 12-month lease.

Notable offers include:

The Halo: 14.29% discount (2.5 months free, 14-month lease)

The Bold: 14.29% discount (2.5 months free, 14-month lease)

22-32 Jackson Ave: 11.54% discount (2 months free, 15-month lease)

Linc LIC: 11.17% discount (1.5 months free, 12-month lease)

2-10 51st Drive: 10.71% discount (2 months free, 16-month lease)

Several buildings offer moderate incentives, with The Cove, Eagle Lofts, and Dutch House providing 8.33% to 10.50% effective discounts through 1-1.5 month free rent promotions.

AI Recommendation: LIC is showcasing some of the most competitive rental incentives in the NYC area — this is an optimal time to secure premium LIC apartments at significant effective discounts.

Rent Price Trend – LIC – AI Powered Insights

Estay AI reports the current average rents in Long Island City as follows:

- Studio: $3,550+
- 1B1B: $4,350+
- 2B2B: $6,400+

In LIC, studio rents continue to rise steadily, reaching around $3,840. 1B1B rents recently rebounded after a summer dip, now trending upwards near $4,350. For 2B2B units, rent has plateaued above $6,300, showing signs of stabilization indicating strong demand for larger units as renters prioritize space.

Building Comparison – AI Analyzed Price-Value Metrics

According to Estay AI's per-person rent analysis for Brooklyn buildings (featured in the cross-market comparison):

The Cove remains the most expensive, with rent projected to reach ~$3,300 per person, representing ultra-premium positioning.

The Halo has steadily increased and surpassed 5 Pointz LIC, now close to $2,800-$3,000 per person.

5 Pointz LIC and Linc LIC remain stable around $2,300-$2,700 per person, offering better value options.

Among the five buildings in Brooklyn, The Cove and The Halo continue to rise, while 5 Pointz LIC is relatively flat, indicating a compelling value opportunity for renters seeking stability.

Key Building Analysis: The Copper – AI Recommendations

Estay AI highlights The Copper as this week's featured building, noted for steady market performance and diverse unit offerings across multiple unit types.

Recent Transactions (Last Month): 7 units
- Studio: 2 units
- 1-Bedroom: 2 units
- 2-Bedroom: 3 units

Average Closing Price: $8372
- Studio Average Closing Price: $4656
- 1-Bedroom Average Closing Price: $5694
- 2-Bedroom Average Closing Price: $10842

AI Insights:
- The Copper's rent prices peaked in early summer 2025 but are now decreasing toward $4,200
- The 1b1b units also peaked in early spring and are trending downward dip
- The 2b2b prices are highly volatile, with large fluctuations ranging between $7,500 and over $10,000, showing no clear long-term direction

The Copper shows seasonal price fluctuations typical of premium buildings. Studio and 1-bedroom units peaked around $4,800 in summer 2025 but are now decreasing, indicating opportunities for renters. The 2-bedroom market shows high volatility, reflecting strong demand variations and potential value opportunities during price dips.

Highlight: The Copper represents a premium rental option with recent price softening in studio and 1-bedroom segments, making it an attractive choice for renters seeking high-end amenities at more accessible price points during the current market adjustment period.

How NYC Rent AI Can Help You Find Your Perfect LIC Apartment

Our NYC/NJ Estay AI Assistant uses advanced artificial intelligence to analyze thousands of Long Island City rental listings, historical rent trends, building performance, and leasing incentives to help you discover the perfect LIC apartment. Unlike traditional search methods, our AI understands your preferences, budget range, and ideal layouts — offering real-time, personalized apartment recommendations that truly match your needs. Whether you're searching for a luxury high-rise with Manhattan skyline views, a value-focused apartment near transportation hubs, or a modern development with premium amenities, Estay AI cuts through the noise of LIC's rapidly evolving market to reveal the best deals and hidden gems that traditional platforms often miss.

NYC Rent AI FAQ:

Q: How does NYC/NJ Estay AI personalize apartment recommendations for LIC?
A: NYC/NJ Estay AI analyzes recent transactions, building trends, rent movement, and available incentives to recommend listings that best match your location, budget, and layout preferences in Long Island City neighborhoods.

Q: Can the AI help me identify buildings with strong value in LIC?
A: Yes. Buildings like 5 Pointz LIC and Linc LIC offer excellent per-person value in the $2,300-$2,700 range, making them ideal for renters seeking affordability with good transportation access and amenities.

Q: How frequently is this LIC data updated?
A: Weekly. All information is drawn from real-time listings and confirmed rental transactions to ensure accurate and timely insights about the Long Island City rental market.

Summary

This week, the LIC rental market displays exceptional promotional activity and strong fundamentals:

  • Studio rents continue to rise steadily, reaching new highs around $3,840
  • 1B1B rents rebounded after summer softening and are trending upward
  • 2B2B rents have stabilized above $6,300, indicating strong demand for space
  • Promotional offers are abundant, leading to effective rent savings of 8-17%

Estay AI Weekly Picks:

  • Renters targeting premium LIC locations should prioritize Heritage 27 on 27th and 5 Pointz LIC
  • The Copper offers opportunities in studio and 1-bedroom segments during price correction
  • 2B2B units across LIC present stable value with strong amenity packages

To learn more about real-time rental trends, personalized recommendations, and LIC-specific insights, visit Estay.ai and chat with our AI assistant.

Stay informed. Think smart. Let AI help you rent smarter.

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