Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-49 Borden Avenue #11-F
Interested in this property?
Active For Rent Condo

$3,950/mo

$6 per sq ft

5-49 Borden Avenue #11-F

Long Island City, Queens

MLS® #RLS20083646

RLS at REBNY

Listing by Modern Spaces

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

1

Bedroom

1

Bath

700

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 700 sq ft
Year Built 2008
Ownership Condo
Parking Garage
Neighborhood Long Island City
Floor 11 of 12

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 11 of 12
View City
Exposure North
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2008
Living Area 700 sq ft
Parking Garage Available
Structure Type None
Furnished Unfurnished
Block/Lot 0034/7501

Listing History

Event Date Price Change
Listed Apr 14, 2026 $3,950 -
Currently May 1, 2026 $3,950 -

Description

Great opportunity for a modern one bed in a full service condo building 2 blocks from the 7 train with amazing views!!! Stainless steal appliances include Fisher Paykal fridge, dishwasher and stove, Sharp microwave and Bosch w/d in the unit. Kitchen includes granite counter tops and lots of pantry space. Two good sized closets in the bedroom that can fit a king sized bed. Separate dining area. Amenities include gym, yard with bbqs, lounge room and 24/7 concierge all included in the rent. Gas and water also included in the rent. Enjoy sunsets from your private balcony. Pets case by case. Move in June 26, 2026.

Features & Amenities

Interior Features

Dining Area Pantry Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Courtyard Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Rental Details

Available

6/26/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$3,950

Security Deposit

$3,950

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$329
Est. nightly rate
65%
Avg. occupancy
$6,416
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

Long Island City Live Market Data

View Neighborhood

Active Listings

160

Median Asking Price

$1.20M

Median $/Sqft

$1,506

Avg Days on Market

N/A

New This Week

15

Price Reduced

21%

Sold (30 Days)

8

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 5/1/26, 5:30 AM EST

Similar Listings in Long Island City

View All

Location

Loading map...

5-49 Borden Avenue #11-F, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
12
Floors
132
Residential Units
M1-5/R7X
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $13,566,294
Land Value: $497,247
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 25,518 SF
Building Area: 130,984 SF
Built FAR: 5.13
Allowed FAR: 5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,950 for 700 sq ft, the asking price per square foot is approximately $6. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20083646
First Listed: 4/14/2026
On Market: 4/14/2026
Price Changed: 4/14/2026
Contract Date: 4/13/2026

Listing Courtesy of Modern Spaces - Mary E. Mcgill-Alessandri

Listing Contact: 415-225-463

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 9:30 AM UTC

NYC Renter Guides

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

FARE Act: Who Pays Broker Fees Now?

The 2025 law that shifted broker fees from tenants to landlords.

Read article

NYC Renter's Rights 2026

Broker fee law, rent stabilization, and tenant protections.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email