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May 12, 2025
by Estay.ai Team

Spring 2025: Best Rental Concessions in Long Island City (LIC)

As we move into spring 2025, the Long Island City (LIC) rental market is heating up with a surge of limited-time offers and concessions from top residential buildings. Whether you're seeking luxury amenities, skyline views, or budget-conscious deals, now is a prime time to secure value before peak rental season begins.

While some buildings are offering aggressive rent discounts to fill units, others are prioritizing long-term stability with modest concessions. In this guide, we'll walk through the most notable rent specials in LIC this spring — highlighting each building's unique offer, value proposition, and ideal renter profile.

Long Island City skyline with rental buildings offering spring 2025 concessions

LIC's Most Competitive Offers

  • Heritage 27 on April 27th stands out as the leader in value, currently offering 2 months free on a 12-month lease — a significant 16.67% discount. For renters looking for short-term commitment with maximum savings, Heritage 27 delivers one of the most generous deals on the market.
  • The Bold, The Italic, and 5 Pointz LIC, are close behind each offering 2 months free on a 14-month lease, translating to a 14.29% effective discount. These modern, design-forward buildings appeal to young professionals who want a balance between flexibility and lifestyle without overcommitting to a long-term lease.
  • The Cove, located near LIC's waterfront, also offers 2 months free — this time on a traditional 12-month lease — equaling a 12.5% reduction. This building is ideal for renters who want peaceful surroundings and scenic views, while still taking advantage of meaningful savings.
  • 2-20 Malt Drive joins the mid-tier value category with 2 months free on a 14-month lease, giving renters a solid 10.71% discount. With spacious units and reliable management, it's an attractive option for families or tenants planning longer stays.
  • Dutch House, 8 Court Square, and Linc LIC each offer 1 month free on a 12-month lease, giving renters an 8.33% discount. These buildings offer well-rounded experiences with good amenities and transit access — especially appealing for those new to LIC or prioritizing convenience.
  • Lumen LIC and 1 QPS Tower both feature 1 month free on a 13-month lease, which equates to a 7.69% discount. These high-rise buildings cater to renters looking for a more elevated lifestyle, with features like rooftop lounges, smart home integrations, and full-service amenities.
  • Sven, known for its architectural flair and proximity to Court Square, offers 1 month free on a 24-month lease, resulting in a modest 4.55% discount. While the concession may seem smaller, Sven's long-term lease structure appeals to renters seeking design, stability, and modern luxury in one package.
Smart Timing for Smart Renters:
  • Overall, the LIC rental market in spring 2025 presents real opportunities for savvy tenants. High-concession buildings like Heritage 27 and The Bold offer immediate, substantial savings, while others like Sven and 1 QPS are ideal for renters prioritizing premium amenities over short-term discounts.
  • Before signing, it's worth comparing not just the face value of a deal, but also the lease term, included amenities, and location relative to your daily commute and lifestyle. Remember, some "better" deals on paper may not suit your long-term needs.
  • As demand climbs toward the summer peak, these offers may not last. Acting now could mean locking in a quality unit before prices rise again.