Paragon LIC Debuts as First For-Sale Waterfront New Development in Long Island City in Over a Decade
Photo credit: Redundant Pixel
Long Island City's waterfront is entering a new era. ZD Jasper has officially unveiled Paragon LIC, a sophisticated condominium rising at 45-40 Vernon Boulevard on the Anable Basin marking the first for-sale high-rise built along the LIC waterfront in over a decade. Designed by architecture firm Archimaera, the contemporary tower is defined by its signature double-height balcony "boxes," a feature that ensures no balcony sits above another, offering unobstructed sweeping views of New York City. Studios through four-bedroom residences are available, with occupancy slated for Fall 2026. Sales and marketing are led by SERHANT. New Development.
Photo credit: Redundant Pixel
The building draws deeply from its surroundings, both historical and contemporary. The project's name pays homage to the original Paragon Paint Factory, the structure of which is integrated into the building's base. Archimaera's staggered box motif with copper-toned projecting frames bridges the neighborhood's industrial heritage with its modern glass tower neighbors. Interiors by MAWD | March and White Design lean into tactile, boutique-hospitality warmth featuring Natural Marble Stone backsplashes, Estremoz Calacatta stone in standard residences, Breccia Capraia in Penthouses, integrated Bosch and Gaggenau appliance suites, and ceilings up to 10 feet with wide-plank oak flooring throughout.
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The amenity package is equally ambitious a golf simulator, karaoke room, outdoor pickleball court, landscaped roof terrace with BBQ grills, a Sky Lounge under a solar canopy, and a state-of-the-art fitness center. Notably, Paragon includes a dedicated public waterfront park and walkway connecting the neighborhood to the East River, adding a civic dimension to the development. The launch also comes as the New York City Council unanimously approved the OneLIC Neighborhood Plan to rezone 54 blocks in the area the city's largest rezoning in 25 years with Paragon positioned adjacent to this new frontier.
Photo credit: Redundant Pixel
Demand is already building. "Paragon sets a new standard in Long Island City. It's actually wild how desperately a condo of this caliber was needed in this location. We're working through a backlog of locals who would never leave LIC and are eager to level up," said Ryan Serhant, Founder and CEO of SERHANT. "The market has been waiting over ten years for this tower and we anticipate a rapid sellout."
2026 Update: Paragon Launches Sales From $765K
Sales are now underway at Paragon. The 23-story tower has 182 residences, from studios to penthouses, with available studios starting at $765,000, one-bedrooms at $965,000, two-bedrooms at $1.5 million and three-bedrooms at $2.075 million, according to 6sqft. Developer ZD Jasper says occupancy could begin as early as November 2026, and SERHANT. New Development is handling sales. Curious why the neighborhood draws creatives and buyers alike? See our guide to NYC neighborhoods for artists and creatives.
Frequently Asked Questions
Where is Paragon LIC?
Paragon is at 45-40 Vernon Boulevard on the Anable Basin in Long Island City, Queens.
How much do condos at Paragon LIC cost?
As of September 2026, available studios started at $765,000, one-bedrooms at $965,000, two-bedrooms at $1.5 million and three-bedrooms at $2.075 million.
How many units are in Paragon LIC?
The 23-story building has 182 condominium residences, ranging from studios to penthouses.
When can buyers move into Paragon?
The developer, ZD Jasper, has said occupancy could begin as early as November 2026.
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