Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,180,000

Listed at $1,249,500 · Sold 5.6% below asking · Closed November 30, 2014

10-55 47th Avenue #5-B
Closed For Sale Condo

$1,249,500

$1,041 per sq ft

10-55 47th Avenue #5-B

Long Island City, Queens

MLS® #RLS10050498

RLS at REBNY

Listing by Modern Spaces, LLC

2

Bedrooms

2

Baths

1,200

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $780/mo
Property Taxes $1,356/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: East,West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Exposure East,West
Pets Yes
Cross Street 11th Street/Vernon Boulevard
Year Built 2006
Living Area 1,200 sq ft
Parking Garage Available
Block/Lot 47/7501

Listing History

Event Date Price Change
Listed Jul 16, 2014 $1,249,500 -
Currently Apr 24, 2026 $1,249,500 -

Description

We are pleased to offer this unique 2-bedroom 2-bathroom true Loft apartment in Long Island City. The Badge Building is a 41 unit boutique Condominium that is combination of renovated four story pre-war warehouse Loft building and an eight-story addition. This apartment is in the converted warehouse Loft portion of the condo.

Situated in one of the best locations in LIC, just 1 Block from Vernon Boulevard on a quiet neighborhood side street, close to all transportation and the wonderful Gantry State Park. The Badge building boasts excellent financials and stellar maintenance and management.

This Loft is a spacious corner unit boasting South and East exposures. The over-sized 9' casement windows and 11' ceilings emulate the Loft acumen of the buildings past. Unit includes unique master bedroom suite section and separate kitchen area, as well as laundry closet with a Bosch Washer/Dryer.

This Loft is finished with custom blinds; Caesarstone countertops; custom Italian-made Pedini cabinetry; Stainless Steel appliances with a Bosch dishwasher and convection oven. The apartment includes custom-built storage units and all closets have custom built-in shelving and overhead storage to maximize your storage needs.

The building enjoys a part-time doorman and a common roof-deck with panoramic views of Manhattan. There is a tax abatement in place until the end of 2022. A great value with one of the lowest carrying costs in the neighborhood.

Parking can be purchased separately.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $780/mo
RE Taxes $1,356/yr ($113/mo)
Sale Price $1,180,000

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

167

Median Asking Price

$1.20M

Median $/Sqft

$1,521

Avg Days on Market

N/A

New This Week

9

Price Reduced

19%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 6:56 PM EST

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Location

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10-55 47th Avenue #5-B, Long Island City, Queens County • Near 11th Street/Vernon Boulevard

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
8
Floors
43
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,662,904
Land Value: $229,505
Exemptions: $99,316

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

Lot Area: 12,500 SF
Building Area: 45,405 SF
Built FAR: 3.63
Allowed FAR: 4

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 $780 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,356, or roughly $113 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 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 $1,249,500 for 1,200 sq ft, the asking price per square foot is approximately $1,041. 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: RLS10050498
First Listed: 7/16/2014
Closed: 11/30/2014
Contract Date: 9/16/2014

Listing Courtesy of Modern Spaces, LLC - David Roger Grossmann

Listing Contact: (917) 553-6466

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 4/24/2026 at 10:56 PM UTC

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