Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $425,000

· Closed November 24, 2020

4 48TH Avenue #10M
Closed For Sale Condop

$425,000

$607 per sq ft

4 48TH Avenue #10M

Long Island City, Queens

Citylights

MLS® #RLS10641874

RLS at REBNY

Listing by Modern Spaces

1

Bedroom

1

Bath

700

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 700 sq ft
Year Built 1997
Ownership Condop
HOA/Common Charges $1,501/mo
Parking Garage
Neighborhood Long Island City
Floor 10 of 42

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 10 of 42
Exposure South
Pets Yes
Cross Street Center Boulevard & 5th Street
Year Built 1997
Living Area 700 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Jun 25, 2020 $445,000 -
Currently Apr 22, 2026 $425,000 -4.5%

Description

Citylights - 10MLive in Long Island City!This unit is being shown only by appointment with a 24 hour notice.Perfectly placed on the 10th floor this spacious apartment has it all! This roomy apartment features large south facing windows so you can enjoy bright sun and views of Manhattan and the East River from your windows. Photos are from similar M line unit.This desirable south facing M-Line features a king size master bedroom with walk-in closet, spacious living room, closets galore and dining area is flooded with light. The view from the windows is a picture postcard view of Manhattan, Brooklyn and the East River. Determine for yourself if the view is better during the daytime - or at night. Either way, there is no building better situated along the waterfront.Please call/text to schedule a social distanced/virtual tour! Please remember your mask! All showings are by appointment and will follow mandated NYS health guidelines: No mask No entry. One "limited party" for 15 minutes at one time - No touching, essential surfaces will be disinfected before/after each showing.Citylights, Long Island City's first luxury high-rise residenceThis Condop has NO BOARD INTERVIEW required. Plus, it's one of only two buildings DIRECTLY on the Long Island City waterfront with apartments available for purchase.The building has amenities galore. 24/7 doorman/concierge, a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, and a five-level indoor garage (residents enjoy a reduced rate of only $150/mo).Own in Long Island CityMove in and you'll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. All this in one of New York's most exciting neighborhoods with an easy walk to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC Ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated Casa Enrique; M. Wells Steakhouse; Sushi Daizen; Maiella; Crabhouse; popular Yoga Room, LIC Kids Gymnastics, I Love Kickboxing, spin and fitness studio; shops, day spas and more.

Building Information

Building Citylights
Total Units 522
Stories 42

Financial Details

Common Charges $1,501/mo
Original Price $445,000
Sale Price $425,000

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

166

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

10

Price Reduced

17%

Sold (30 Days)

13

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 4/22/26, 8:07 AM EST

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Location

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4 48TH Avenue #10M, Long Island City, Queens County • Near Center Boulevard & 5th Street

Building Information

Official NYC property records for this building

1996
Year Built
30 years old
42
Floors
522
Residential Units
M3-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $46,107,450
Land Value: $6,349,950
Exemptions: $46,107,450

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

Lot Area: 80,634 SF
Building Area: 724,475 SF
Built FAR: 8.98

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 $1,501 per month. Confirm the exact amount with the listing broker before making an offer.

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 1997, making it approximately 29 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

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

At the current list price of $425,000 for 700 sq ft, the asking price per square foot is approximately $607. 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: RLS10641874
First Listed: 6/25/2020
Price Changed: 2/5/2021
Closed: 11/24/2020
Contract Date: 6/26/2020

Listing Courtesy of Modern Spaces - Mary Torres

Listing Contact: (347) 302-2100

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 4/22/2026 at 12:07 PM UTC

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