SOLD FOR $1,060
Listed at $1,100,000 · Sold 99.9% below asking · Closed June 30, 2014
48-21 5th Street #3-L
MLS® #RLS10072825
Listing by Modern Spaces, LLC
2
Bedrooms
2
Baths
1,135
Sq. Ft.
2006
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Patio, Balcony
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 28, 2013 | $1,100,000 | - |
| Price Reduced | Oct 7, 2013 | $1,049,000 | -4.6% |
Description
Fantastic Location in LIC's most Premier Condominium!
Upon entering this extremely spacious 2BR/2BA you will find a total of 1,135 square feet interior and a very generous 192 exterior of outdoor living space.
The Kitchen features stainless steel appliances and beautiful Pietra Cardosa stone oversized countertops which leads into a large great room that is drenched with sunlight with floor to ceiling windows and over 9? ceilings. The home features two generously sized bedrooms and bathrooms. The Master Bedroom has several closets and your own en-suite bathroom. The home also contains hardwood flooring throughout, ample closet space and your own washer and dryer.
The Gantry Condominium was completed in 2007, benefits from a real estate tax abatement through 2023 and has solid financials and significant reserves built up over the last 6 years. The building is located just 1 block from the beautiful Gantry State Park waterfront promenade, a few steps away from the finest restaurants that LIC has to offer and 2 blocks from the 7 train with one stop to Grand Central. The building features include a doorman, fitness center, on site covered parking, storage area, residents lounge, and a fantastic landscaped roof deck.
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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
168
Median Asking Price
$1.20M
Median $/Sqft
$1,519
Avg Days on Market
N/A
New This Week
9
Price Reduced
18%
Sold (30 Days)
10
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/24/26, 10:12 PM EST
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Location
48-21 5th Street #3-L, Long Island City, Queens County • Near 48th Avenue/Hunters Point Avenue
Floor Plans
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)
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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 $900 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $912, or roughly $76 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 1,135 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.
Pet policy requires confirmation with the listing broker.
At the current list price of $1,100,000 for 1,135 sq ft, the asking price per square foot is approximately $969. 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, LLC - Thomas Blaze Lattanzio
Listing Contact: (516) 713-1965
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 4/25/2026 at 2:12 AM UTC