Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $655,000

Listed at $869,000 · Sold 24.6% below asking · Closed January 4, 2016

47-34 11th Street #501
Closed For Sale Condo

$869,000

$1,187 per sq ft

47-34 11th Street #501

Long Island City, Queens

MLS® #RLS10070890

RLS at REBNY

Listing by Modern Spaces, LLC

1

Bedroom

1.5

Baths

732

Sq. Ft.

2013

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 732 sq ft
Year Built 2013
Ownership Condo
HOA/Common Charges $571/mo
Property Taxes $996/yr
Neighborhood Long Island City
Floor 5 of 7

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 5 of 7
View City
Exposure East,West
Cooling Central Air
Pets Yes
Cross Street 47th Road/48th Avenue
Year Built 2013
Living Area 732 sq ft
Block/Lot 45/27

Listing History

Event Date Price Change
Listed Aug 27, 2013 $869,000 -
Price Reduced Jul 8, 2015 $655,000 -24.6%

Description

THE BINDERY IS ONE OF LONG ISLAND CITY?S MOST TALKED ABOUT CONDOS WITH IT?S UNIQUE CHARACTERISTICS AND CHARM; PAYING HOMAGE ON THE AREAS BOOKBINDING HISTORY. HERE?S YOUR CHANCE TO GET INTO ONE OF THE MOST TALKED ABOUT CONDOS IN LIC WITH IT?S FIRST ONE BEDROOM RESALE IN THE BUILDING! WITH IT?S CAREFULLY THOUGHT OUT COMBO DESIGN: A MIXTURE OF ??RECLAIMED EFFECT? VINTAGE? AND MODERN LOOK, THE BINDERY FEATURES UNIQUE ONE OF A KIND CHARACTERISTICS; INCLUDING A WALL OF EXPOSED BRICK, OPEN KITCHEN WITH HIGH END STEEL APPLIANCES (BERTAZZONI STOVE AND BOSCH DISHWASHER), CAESERSTONE COUNTER TOPS, HARDWOOD OAK FLOOR FINISHES AND ITALIAN TILED VINTAGE INSPIRED BATHROOMS WITH HEATED FLOORS! EVERY DETAIL WAS NOT LEFT UNNOTICED! THE OVERSIZED LIVING ROOM HAVE GORGEOUS FLOOR TO CEILING WINDOWS AND BEAUTIFUL VIEWS OF THE MANHATTAN SKYLINE. THE LARGE MASTER BEDROOM WITH IT?S EN-SUITE BATHROOM FEATURES BEAUTIFUL SLEEK FINISHES WITH A SPACIOUS SHOWER AND BATHTUB. EACH CLOSET IN THIS LOVELY UNIT WAS CAREFULLY DESIGNED WITH BUILT IN STORAGE AND ORGANIZER. THE BINDERY IS ONE OF THE NEWEST AND LAST CONDO IN LIC TO TAKE ADVANTAGE OF THE 421A TAX ABATEMENT WHICH HAS ANOTHER 13 YEARS LEFT (END IN 2028). AMENITIES INCLUDE: A FITNESS CENTER, LIBRARY, VIRTUAL DOORMAN, FIREPLACE LOBBY AND STORAGE. WALKING DISTANCE TO THE GANTRY STATE PARK WHICH FEATURES THE AMAZING MANHATTAN SKYLINE, LOCAL SUPERMARKETS (ORGANIC MARKET AND THE FOOD CELLAR), DUANE READE AND NEW YORK TIME?S RECOMMENDED/MICHELIN STAR RESTAURANTS? ALL AT YOUR DOOR STEP! DOWN THE BLOCK YOU HAVE THE 7 TRAIN WHICH TAKES YOU STRAIGHT THE GRAND CENTRAL IN ONE STOP (2 MINS) OR TIMES SQUARE IN 7 MINUTES! YOU ARE ALSO WITHIN WALKING DISTANCE TO THE G/E/M/Z TRAINS! PLEASE CONTACT LISTING AGENT FOR A PRIVATE SHOWING!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $571/mo
RE Taxes $996/yr ($83/mo)
Sale Price $655,000
Previous Price $655,000

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

165

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

7

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 12:31 PM EST

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Location

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47-34 11th Street #501, Long Island City, Queens County • Near 47th Road/48th Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2009
Year Built
17 years old
7
Floors
20
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,149,088
Land Value: $277,655
Exemptions: $393,907

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

Lot Area: 5,000 SF
Building Area: 16,995 SF
Built FAR: 3.4
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 $571 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 and 1 half bathroom.

The listed interior living area is 732 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2013, making it approximately 13 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 $869,000 for 732 sq ft, the asking price per square foot is approximately $1,187. 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: RLS10070890
First Listed: 8/27/2013
Price Changed: 7/8/2015
Closed: 1/4/2016
Contract Date: 7/8/2015

Listing Courtesy of Modern Spaces, LLC - Alice Chan

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 4:31 PM UTC

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