Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $886,000

Listed at $899,000 · Sold 1.4% below asking · Closed January 2, 2017

10-55 47th Avenue #1-C
Closed For Sale Condo

$899,000

$1,002 per sq ft

10-55 47th Avenue #1-C

Long Island City, Queens

MLS® #RLS10060233

RLS at REBNY

Listing by Modern Spaces, LLC

1

Bedroom

1

Bath

897

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 897 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $590/mo
Property Taxes $996/yr
Parking Garage
Neighborhood Long Island City
Floor 1 of 8

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 1 of 8
Exposure South
Pets Yes
Cross Street 11th Street/Vernon Boulevard
Year Built 2006
Living Area 897 sq ft
Parking Garage Available
Block/Lot 47/7501

Listing History

Event Date Price Change
Listed Sep 22, 2015 $899,000 -
Price Reduced Nov 9, 2015 $945,000 +5.1%

Description

Just Reduced! Modern, stylish and simply beautiful. This lovely south facing, 1 BR 1BA plus Home Office/Nursery apartment offers true loft living in the heart of LIC. A sprawling main living space boasting 12 ft ceilings and wall of oversized windows, southern exposure allows for extraordinary sunlight all day. The modern kitchen is upgraded with white Caesarstone counter-tops and Italian-made Pedini cabinets. Stainless steel appliances include Fisher & Paykel refrigerator, Kitchen Aid convection oven and Bosch dishwasher. The large master bedroom can easily fit a King size bed with huge closets for ample storage. White oak hardwood floor throughout and washer/dryer completes this warm and inviting home.

The Badge Building once served as a factory for production of police badges for New York City officers converted into luxury loft condos in 2007. Building features excellent maintenance and management, full time doorman, beautiful roof top terrace.

Extremely low common charges, 421A tax abatement in place until the end of 2022. This resale is priced to sell at $1054 psf, truly a steal, certainly won?t last. In addition, buyer will save over $17,000 on closing cost.

Being on a quiet neighborhood street, while just one block away from Vernon Boulevard makes this spot one of the best locations in Long Island City. Close proximity to the 7, E, M and G Subway trains, trendy restaurants including the newly Michelin Rated M Wells Steakhouse and Casa Enrique; Gantry State and Hunters Point South Parks on the waterfront; popular Yoga Room, spin and fitness studio; shops, day spas and more.

Please contact listing agent for private showing.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $590/mo
RE Taxes $996/yr ($83/mo)
Sale Price $886,000
Previous Price $945,000

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

164

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

6

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 6:25 AM EST

Similar Listings in Long Island City

View All

Location

Loading map...

10-55 47th Avenue #1-C, Long Island City, Queens County • Near 11th Street/Vernon Boulevard

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
8
Floors
43
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,662,904
Land Value: $229,505
Exemptions: $99,316

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

Lot Area: 12,500 SF
Building Area: 45,405 SF
Built FAR: 3.63
Allowed FAR: 4

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

The current listed common charges are $590 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $996, or roughly $83 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 897 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 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 $899,000 for 897 sq ft, the asking price per square foot is approximately $1,002. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10060233
First Listed: 9/22/2015
Price Changed: 11/9/2015
Closed: 1/2/2017
Contract Date: 9/22/2015

Listing Courtesy of Modern Spaces, LLC - Kenneth Lee

Listing Contact: (718) 784-1110

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 10:25 AM UTC

Buying a Condo? Start Here

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

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton