5-09 48th Avenue #2-N
MLS® #RLS10520144
Listing by Modern Spaces
1
Bedroom
1
Bath
784
Sq. Ft.
2008
Year Built
Quick Summary
Property Highlights
- Exposure: East,North facing
- Outdoor Space: Patio
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Nov 28, 2018 | $890,000 | - |
| Currently | Apr 23, 2026 | $890,000 | - |
Description
Optimally located a mere block & a half away from the waterfront promenade and Gantry Plaza State Park, the 5SL (5th Street Lofts) is an 8-storey luxury condominium where this generous apt 2N offers a sumptuous lifestyle of ease, peace and privacy. With all windows facing one?s own intimate courtyard, a totally private oasis surrounds the apt and creates a controlled ambiance determined exclusively by the preferences and lifestyle of the homeowner. High ceilings, hardwood floors and large oversized windows enhance the space and give added fluidity to the efficient layout.
Ample closet space throughout with a large pantry adjacent to the open kitchen that features Caesarstone surfaces contrasted by dark wood cabinetry and stainless steel Liebherr and Bosch appliances. The bedroom is sizeable to accommodate a king size bed and the bathroom offers sleek modernity with its clean lines, Kohler fixtures and deep soaking tub. Bosch washer and dryer is included in the apt and give added convenience.
Built by Toll Brothers City Living, the nation?s leading luxury home builder, The 5SL Condominium offers a 24 hour door-man, live-in super, private enclosed parking, fitness center, children?s playroom, bike storage, common roof top garden, common yard and Pétanque court. Located right in the heart of the most desirable neighborhood in Long Island City , this full service luxury residence is surrounded by popular restaurants & cafes, all commercial services and is just around the corner to Duane Reade, Food Cellar supermarket, the local hardware shop and quaint boutiques. .Only a short walk away are several forms of transportation ? the LIRR, the 7 train direct to Grand Central -Manhattan, the G, E, and M, train and the East River Ferry ? all that will take you to any destination in and out of the borough.
Tax abatement until 2024.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
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
165
Median Asking Price
$1.20M
Median $/Sqft
$1,526
Avg Days on Market
N/A
New This Week
9
Price Reduced
18%
Sold (30 Days)
13
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/23/26, 4:26 AM EST
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Location
5-09 48th Avenue #2-N, Long Island City, Queens County • Near Vernon Boulevard/5th Street
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $745 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $696, or roughly $58 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 784 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 $890,000 for 784 sq ft, the asking price per square foot is approximately $1,135. 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) 416-7433Listing Courtesy of Modern Spaces - Mae Liew
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 Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 8:26 AM UTC