Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $575,000

· Closed May 1, 2019

4-74 48TH Avenue #PH1J
Closed For Sale Condop

$575,000

$590 per sq ft

4-74 48TH Avenue #PH1J

Long Island City, Queens

CITYLIGHTS

MLS® #RLS10520259

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1.5

Baths

975

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 975 sq ft
Year Built N/A
Ownership Condop
HOA/Common Charges $2,804/mo
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full, 1 Half
Pets Yes
Cross Street Center Boulevard/5th Street
Living Area 975 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Sep 25, 2018 $625,000 -
Currently Apr 23, 2026 $575,000 -8.0%

Description

"Welcome Home" to your Penthouse in the Sky. You cannot see Manhattan from Manhattan but from PH1J you can take in a panoramic vista stretching from Brooklyn, across the East River to the sun setting over NYC. At around 975 square feet this apartment can easily be converted to two bedrooms and is the only line in the building with an additional, fully updated, half bath. The kitchen was impeccably renovated with a Miele dishwasher, Kitchen Aid stove, Liebher fridge, full service microwave, Sile stone counter tops and finished off with a whimsical marble and glass back-splash. The generous master bedroom has room for a king sized bed and office area, with ample closet space for all your storage needs. "Welcome Home" this is the one you have been waiting for.

Enjoy Luxury Living in your Luxury High-rise with 24/7 Front Desk, Health Club, Tennis Court and Two Large Landscaped Common Areas. Enjoy numerous restaurants, activities and attractions in Long Island City. One Block from Duane Reade Drug Store and Food Cellar grocery store. All this just one stop from Grand Central Station and all of mid-town Manhattan on the 7 Train: Directly in front of the building is the 22 Acre Gantry State Park with four piers extending into the East River, one for fishing. Spectacular 180 degree of Manhattan skyline directly across the river from the United Nations.

Building Information

Building CITYLIGHTS
Total Units 522
Stories 42

Financial Details

Common Charges $2,804/mo
Original Price $625,000
Sale Price $575,000

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

$1,526

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, 4:27 AM EST

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Location

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4-74 48TH Avenue #PH1J, 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 $2,804 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 975 square feet. Verify dimensions independently during due diligence.

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.

Pet policy requires confirmation with the listing broker.

At the current list price of $575,000 for 975 sq ft, the asking price per square foot is approximately $590. 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: RLS10520259
First Listed: 9/25/2018
Closed: 5/1/2019
Contract Date: 9/25/2018

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Brian T Dusseau

Listing Contact: (917) 596-3139

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 8:27 AM UTC

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