SOLD FOR $1,120,000
Listed at $1,100,000 · Sold 1.8% above asking · Closed June 13, 2017
47-05 5th Street #305
MLS® #RLS10472130
Listing by Modern Spaces
2
Bedrooms
2
Baths
1,027
Sq. Ft.
2016
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Climate Control: Wall Units
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 22, 2016 | $1,100,000 | - |
| Price Reduced | Sep 14, 2016 | $1,120,000 | +1.8% |
Description
Discover modern luxury in the heart of Hunters Point South. The Monarch is a beautifully constructed condominium with close proximity to the Long Island City Waterfront, Gantry State Park, and the Long Island City Landing. Enjoy stunning views throughout the day in a brightly lit apartment space that epitomizes the height of comfort, relaxation, and convenience. Located centrally to daily necessities,including the Food Cellar supermarket, Duane Reade, and a Kitchen Plus More for all of your last minute apartment accessories and stocking stuffers, The Monarch is the ideal boutique Long Island City condominium space.
At The Monarch you will find luxury finishes at every turn. From the fully-equipped gym, to the lavishly decorated lobby, and the video security system, The Monarch will make you feel as if you are living in a dream. Enjoy the convenience of off-street parking and a bike storage area for your immediate use. The inside of your new home is also designed with comfort in mind. Engineered wood, Bosch appliances, and porcelain tile bathrooms will inspire you to decorate to your heart?s content. With spacious floor plans and plenty of natural light, hosting Sunday brunch or late-night wine tastings has never been more enjoyable. However, if you do want to venture into Manhattan, you only need to take a short walk to the G, 7, E, or M train lines or hop on the East River Ferry for an enjoyable trip sans traffic. With only six stories and 21 units, The Monarch is a boutique condominium that embraces modern luxury and a feeling of community, while providing residents with immediate access to all of life?s daily comforts.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive Listings
164
Median Asking Price
$1.20M
Median $/Sqft
$1,525
Avg Days on Market
N/A
New This Week
6
Price Reduced
18%
Sold (30 Days)
12
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/24/26, 3:05 AM EST
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Location
47-05 5th Street #305, Long Island City, Queens County • Near 48th Avenue/47th Road
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $755.25 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $1,511.52, or roughly $126 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 1,027 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2016, making it approximately 10 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.
Pet policy requires confirmation with the listing broker.
At the current list price of $1,100,000 for 1,027 sq ft, the asking price per square foot is approximately $1,071. 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) 416-7433Listing Courtesy of Modern Spaces - Christina DeCurtis
Listing Contact: (646) 290-4059
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 Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 7:05 AM UTC