Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $570,000

Listed at $619,000 · Sold 7.9% below asking · Closed March 20, 2018

4-74 48th Avenue #37-H
Closed For Sale Condop

$619,000

$884 per sq ft

4-74 48th Avenue #37-H

Long Island City, Queens

MLS® #RLS10050242

RLS at REBNY

Listing by Modern Spaces, LLC

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 $1,671/mo
Parking Garage
Neighborhood Long Island City
Floor 37 of 42

Property Highlights

  • Views: River
  • Exposure: South,West facing
  • Outdoor Space: Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 8
Baths 1 Full
Floor 37 of 42
View River
Exposure South,West
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Living Area 700 sq ft
Parking Garage Available
Block/Lot 18/1

Listing History

Event Date Price Change
Listed May 8, 2017 $619,000 -
Price Reduced Aug 22, 2017 $638,000 +3.1%

Description

Welcome to LIC!!

Welcome to Long Island City! We invite you to schedule a private viewing of this spacious, bright, modern, renovated condition, south facing, 1-bedroom, 1-bath Condop at Citylights, where you can enjoy breathtaking Manhattan, Brooklyn & East River views. This is one of only two buildings directly on the LIC waterfront with apartments available for purchase.

This unit offers a spacious interior ideal for entertaining or enjoying quiet nights at home. Oversized, double-insulated windows invite you to enjoy incredible views of the NYC skyline, Manhattan, East River bridges & beyond.

Consisting of approximately 700 square feet, this home has an efficient layout boasting a large living/dining room combo; hardwood floors throughout which add a touch of warmth; the open chef?s kitchen boasts custom cabinets, Vitsoe Shelving System, complete with top quality marble countertops, new built in pantry, built in Sub-Zero refrigerator, stainless steel appliances featuring Bosch dishwasher and Bertazzoni range and oven.

Enjoy watching sunrises and sunsets on your private 85 sqft balcony/terrace. Additional features include king sized master bedroom with walk in closets and newly replaced PTAC heating and AC units.

Kindly allow 24 hours notice to schedule viewings.

Citylights, Long Island City?s first luxury high-rise residence

Citylights was designed by famed Argentine-American architect Cesar Pelli. This Condop has NO BOARD INTERVIEW required.

The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage (residents enjoy a reduced rate as low as $149.00/mo).

Total maintenance of $1,671 is about 36% tax-deductible.
OWN IN LONG ISLAND CITY

Move in and you?ll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. Minutes to Manhattan; this is 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, Watertaxi ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated M. Wells Steakhouse and Casa Enrique; Sushi Daizen; Maiella; Crabhouse; popular Yoga Room, LIC Kids Gymnastics, I Love Kickboxing, spin and fitness studio; shops, day spas and more.

Features & Amenities

Interior Features

Pantry Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Stories 42

Financial Details

Common Charges $1,671/mo
Sale Price $570,000
Previous Price $638,000

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

9

Price Reduced

18%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/23/26, 2:17 PM EST

Similar Listings in Long Island City

View All

Location

Loading map...

4-74 48th Avenue #37-H, Long Island City, Queens County • Near Center Boulevard/5th Street

Floor Plans

Floor Plan

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 $1,671 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 $619,000 for 700 sq ft, the asking price per square foot is approximately $884. 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: RLS10050242
First Listed: 5/8/2017
Price Changed: 8/22/2017
Closed: 3/20/2018
Contract Date: 5/7/2017

Listing Courtesy of Modern Spaces, LLC - 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 4/23/2026 at 6:17 PM UTC

Buying in NYC? 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

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

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

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

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton