Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $565,000

Listed at $585,000 · Sold 3.4% below asking · Closed October 1, 2025

4-74 48th Avenue #8-M
Closed For Sale Condop

$585,000

$848 per sq ft

4-74 48th Avenue #8-M

Long Island City, Queens

MLS® #RLS20018185

RLS at REBNY

Listing by Modern Spaces

1

Bedroom

1

Bath

690

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 690 sq ft
Year Built 1997
Ownership Condop
HOA/Common Charges $1,654.64/mo
Parking Garage
Neighborhood Long Island City
Floor 8 of 42

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 8 of 42
Exposure South
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Living Area 690 sq ft
Parking Garage Available
Structure Type HighRise
Block/Lot 0018/0001

Description

All Open Houses are by appointment only. Must preregister in advance.

Introducing Residence 8M-- a spacious 1-bedroom home with southern exposure, located along the East River in Long Island City. The generously sized bedroom comfortably fits a king-size bed and features a walk-in closet with custom-built-in shelving. The expansive 20-foot-deep living room can easily accommodate both living and dining areas, bathed in natural light throughout the day. This thoughtfully designed layout offers a seamless blend of functionality and comfort.

Located just outside Manhattan, Long Island City has become an extension of Midtown Manhattan. CityLights is nestled in a prime area of LIC by the beautiful Gantry Plaza State Park. It is centrally located near top restaurants, vibrant nightlife, supermarkets, and convenient transit options. The 7 train is just two blocks away, offering a quick five-minute ride to Grand Central. Additional commuting options include the E, M, G trains, as well as the East River Ferry just a short distance away.

CityLights is a full-service luxury building with amenities including:
- 24-hour Concierge
- Fitness Center
- Tennis Courts
- Landscaped Rooftop Deck
- On-Site Parking (reduced price for owners)
- Bike Storage
- Laundry Room

No board interviews. Gifting, co-purchasing and sublets allowed. Pet friendly.

* Maintenance includes heat, hot water, cooking gas, use of amenities and the building's real estate taxes. Maintenance is approximately 23%-54% tax deductible (as of FY 2024).

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Storage Building Roof Deck

Building Amenities

Elevators

Building Information

Stories 42
Structure HighRise

Financial Details

Common Charges $1,654.64/mo
Sale Price $565,000
Land Lease Yes

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

167

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

11

Price Reduced

16%

Sold (30 Days)

15

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/17/26, 7:10 AM EST

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Location

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4-74 48th Avenue #8-M, Long Island City, Queens County • Near Center Boulevard/5th Street

Floor Plans

Floor Plan
MLS® ID: RLS20018185
First Listed: 4/22/2025
On Market: 4/22/2025
Price Changed: 4/22/2025
Closed: 10/1/2025
Contract Date: 4/22/2025

Listing Courtesy of Modern Spaces - Alexis Yoo

Listing Contact: (917) 364-8383

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 4/17/2026 at 11:10 AM UTC

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