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NYC/NJ Rental Market AI Weekly Report

LIC Rental Analysis: June 22 – June 28, 2025

NYC Estay AI Market Report LIC Rental Data June 22–June 28

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

Long Island City (LIC) continues to demonstrate strong rental market performance as we advance deeper into peak summer leasing season. Estay AI leverages comprehensive data analytics, promotional tracking, and building performance metrics to provide renters with strategic insights for the LIC rental market. This week's analysis covers extensive special rental offers throughout LIC, rent price trend analysis across unit types, comparative building pricing analysis, and a detailed spotlight on 5PointzLIC. Our AI platform empowers renters to navigate LIC's competitive rental landscape with data-driven confidence.

Special Rental Offers in LIC – AI Analysis

This week, Estay AI identified exceptional promotional activity across many LIC buildings, with the top discounts reaching 14.29%. 5PointzLIC, The Bold, and LIC NYC all lead with identical 14.29% discounts, each offering 2 months free on 14-month leases.

Several buildings offer highly competitive rental incentives across different lease terms:

The Reac: 11.54% discount (2 months free, 18-month lease)

2-50 47th Drive: 10.71% discount (3 months free, 28-month lease)

6 Court Square: 8.33% discount (1.5 months free, 18-month lease)

47-05 Center Boulevard: 8.33% discount (1.5 months free, 18-month lease)

22-22 Jackson Ave: 8.33% discount (1.5 months free, 18-month lease)

The Cove: 8.33% discount (1.5 months free, 18-month lease)

Heritage 27 on 27th: 8.33% discount (1.5 months free, 18-month lease)

AI Recommendation: LIC is showcasing generous promotional concessions with up to 3 months free — this week presents an outstanding opportunity to secure premium LIC apartments with significant effective rent savings across top-rated buildings.

Rent Price Trend – LIC – AI Powered Insights

Estay AI reports current average rents in LIC as follows:

- Studio: $3,500+
- 1B1B: $4,300+
- 2B2B: $6,400+

In Long Island City, the average rent continues to rise steadily across studio, 1b1b, and 2b2b units, showing no signs of summer season slowdown. Although many buildings offer incentives — such as up to 3 months free — these discounts mainly serve to offset consistently increasing prices rather than indicating a cooling market. The incentives appear more strategically aimed at maintaining competitive positioning during peak leasing season.

Building Comparison – AI Analyzed Price-Value Metrics

According to Estay AI's per-person rent analysis for LIC buildings:

The Cove sees a strong rebound through summer into fall, while 5PointzLIC shows a recent dip despite earlier gains.

LIC NYC demonstrates a steady and moderate climb, whereas Heritage 27 on 27th has a significant rise in spring but now shows signs of softening.

Overall market behavior varies by building, with incentives likely influencing short-term price movements.

Among key LIC buildings, rent per person shows mixed trends. The Cove sees a strong rebound through summer into fall, while 5PointzLIC shows a recent dip despite earlier gains. LIC NYC demonstrates a steady and moderate climb, whereas Heritage 27 on 27th had a significant rise in spring but now shows signs of softening. Overall market behavior varies by building, with incentives likely influencing short-term price movements.

Key Building Analysis: 5PointzLIC – AI Recommendations

Estay AI highlights 5PointzLIC as this week's featured building, noted for consistent transaction volume and strong market performance across all unit types.

Recent Transactions (Last Month): 35 units
- Studio: 8 units
- 1-Bedroom: 11 units
- 2-Bedroom: 8 units
- Others: 6 units

Average Closing Price: $5504
- Studio Average Closing Price: $3463
- 1-Bedroom Average Closing Price: $4828
- 2-Bedroom Average Closing Price: $6854

AI Insights:
- At 5PointzLIC, rent prices across Studio, 1b1b, and 2b2b units show clear seasonal patterns

All three unit types peaked around spring 2025, dipped through summer and early fall, and are now projected to rise again moving into winter, showing end-of-year price increases. Starting from early 2025, rents steadily increased and peaked around mid-summer before declining. Specifically, Studio units reached around $3,800 before falling to current mid-season pricing. The 1b1b and 2b2b units followed a similar curve, with strong pricing surging into the summer. The pattern indicates a potential end-of-year rebound, suggesting fall winter pricing may offer better value opportunities.

Highlight: 5PointzLIC Market Performance - At 5PointzLIC, rent prices across Studio, 1b1b, and 2b2b units show clear seasonal patterns. All three unit types peaked around spring 2025, dipped through summer and early fall, and are now projected to rise again moving into winter, showing end-of-year price increases.

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

Our NYC/NJ Estay AI Assistant utilizes sophisticated machine learning algorithms to analyze thousands of LIC rental listings, historical pricing data, building performance metrics, and promotional campaigns to help you discover the ideal LIC apartment. Beyond conventional search tools, our AI comprehends your lifestyle requirements, budget constraints, and location preferences — providing real-time, personalized apartment recommendations specifically tailored to Long Island City's unique offerings. Whether you're seeking a modern waterfront high-rise with Manhattan skyline views, a convenient apartment near Queensboro Plaza for easy commuting, or a value-oriented option in emerging LIC neighborhoods, Estay AI navigates the complex LIC rental market to uncover the best opportunities and exclusive deals that traditional platforms frequently 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 across LIC's diverse neighborhoods and building types.

Q: Can the AI help me identify buildings with strong value in LIC?
A: Yes. Buildings like 5PointzLIC are currently experiencing seasonal pricing patterns with mid-summer dips before projected winter increases, offering excellent timing opportunities for renters seeking optimal value during transitional periods.

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 LIC rental market.

Summary

This week, the LIC rental market showcases robust promotional activity and continued seasonal pricing strength:

  • Studio rents reached $3,500+, following steady upward momentum despite seasonal patterns
  • 1B1B rents peaked at $4,300+ with continued market resilience
  • 2B2B rents hit $6,400+ demonstrating strong demand across larger units
  • Promotional offers are extensive, leading to effective rent savings of 8-14%

Estay AI Weekly Picks:

  • Renters targeting maximum discounts should prioritize 5PointzLIC, The Bold, and LIC NYC for highest 14.29% savings rates
  • 5PointzLIC offers strategic timing advantages during current seasonal pricing dip before projected winter increases
  • Buildings offering longer lease terms (18+ months) provide extended promotional benefits and price stability

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

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