RENTED AT $2,250/mo
· Leased April 19, 2026
5-49 47th Avenue #3-R
MLS® #RLS20082158
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.
Studio
1
Bath
400
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Style: WalkUp architecture
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 7, 2026 | $2,250 | - |
| Currently | May 1, 2026 | $2,250 | - |
Description
Step into the heart of Hunters Point with this sun-drenched, top-floor studio. Situated at the rear of a charming multi-family building, this "neat as a pin" apartment offers a peaceful retreat just two flights up, away from the hustle and bustle of the street.
The Living Space
The main living area features a striking exposed brick decorative fireplace, adding a touch of rustic industrial character to the modern aesthetic. The layout is intelligently designed to maximize functionality:
Sleeping Nook: A dedicated queen-sized sleeping area provides a cozy sanctuary, complemented by built-in shelving and overhead storage to keep your space organized.
Kitchen & Dining: The efficient kitchen is equipped with honey-oak cabinetry, a gas range, and a breakfast bar/dining nook perfectly positioned under a stylish pendant light.
Bathroom: A clean, white-tiled bathroom featuring a walk-in stall shower and a skylight that floods the room with natural light.
Modern Comforts
Climate Control: Stay comfortable year-round with a wall-mounted electric heat and AC unit.
Lighting: Large windows provide steady North light, perfect for plant lovers or those who work from home.
Policies: Cats are welcome (sorry, no dogs). The building is a walk-up with no on-site laundry, but several laundromats are located just around the corner.
The Neighborhood: At Your Doorstep
Located just off Vernon Boulevard, you are in the most sought-after pocket of Long Island City.
Commuting: Unbeatable access to the 7, G, E, and M trains, plus the NYC Ferry for a scenic commute to Manhattan or Brooklyn.
Green Space: A short stroll leads you to Gantry Plaza State Park and Hunter's Point South Park, offering iconic Manhattan skyline views and waterfront paths.
Culture & Leisure: Visit the stunning, gold-glass Queens Public Library at Hunters Point or catch an exhibition at MoMA PS1.
Dining & Drinks: You’re surrounded by local favorites like Casa Enrique (Michelin-starred Mexican), Sweetleaf Coffee, Bareburger, and the classic Tournesol French bistro.
Lease Details:
Rent Includes: Water.
Tenant Pays: Cooking Gas, Electric (Heat and A/C), and Cable/Internet.
Requirements: NO guarantors. Just a clean, straightforward application for a top-tier location.
This apartment is exclusively listed by Modern Spaces.
Features & Amenities
Interior Features
Building Information
Rental Details
Available
4/7/2026
Fee Disclosure NYC FARE Act
Estimated Move-In Costs
First Month's Rent
$2,250
Security Deposit
$2,250
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:
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.
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive 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, 4:02 AM EST
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Location
5-49 47th Avenue #3-R, Long Island City, Queens County • Near 5th Street/Vernon Boulevard
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Listing Data
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Market Data
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Frequently Asked Questions
Common questions about this property
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 400 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1931, making it approximately 95 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $2,250 for 400 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) 416-7433Listing Courtesy of Modern Spaces - Alan Lupiani
Listing Contact: (917) 613-8135
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 Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 8:02 AM UTC