48-21 5th Street #3M
MLS® #RLS10424403
Listing by The Corcoran Group
2
Bedrooms
2
Baths
1,068
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Exposure: East facing
- Outdoor Space: Building Terrace, Rooftop
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 19, 2018 | $1,295,000 | - |
| Price Reduced | May 22, 2018 | $1,250,000 | -3.5% |
| Currently | Apr 23, 2026 | $1,199,000 | -4.1% |
Description
Welcome home to this beautiful, bright and quiet corner 2 bedroom/2 bathroom unit in The Gantry condominium. 3M is an east-facing home with lofty 9'3" ceilings, oversized windows, hardwood floors, open chef's kitchen with stainless steel appliances, stone countertops, and in-unit Miele washer/dryer. The large master bedroom offers ample closet space, double exposures from north and east-facing windows and an ensuite bathroom with a deep soaking tub. The second bedroom allows for a queen bed, bunk beds, or a great home office. The equally spacious second bathroom has a deep tub and ceramic tiling. Included with the purchase of this home is a south-facing, keyed access rooftop cabana. The gracious cabana is the perfect spot for a quiet evening or a rooftop gathering offering neighborhood views with the Empire State building in the distance. The Cabana features a gas line, running water and electric. There is also the option to purchase a separately deeded onsite parking spot. The Gantry is one of the premier boutique condominiums in Long Island City with its industrial chic aesthetic. The 47-unit elevator building offers a parking garage, recently renovated lobby, gym and corridors, resident's lounge and furnished roof deck with gas grill. With a full-time live-in Superintendent, part-time door staff, porter and excellent financials, this building offers a comfortable lifestyle and smart investment opportunity in the heart of everything. This property is within close proximity to the 7, G, E and M subway lines (one quick subway stop to Manhattan), as well as the East-River ferry landing, and the world-class riverfront promenade. The neighborhood boasts 2-Michelin-star restaurants and an abundance of dining and recreational options such as coffee bars, wine bars, shopping, health food stores, spas, yoga and fitness studios. MOMA PS1, the Noguchi Museum, and other cultural attractions are within a short distance to the Gantry's prime location.
Features & Amenities
Interior Features
Exterior Features
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
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, 7:45 AM EST
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Location
48-21 5th Street #3M, Long Island City, Queens County • Near 48th Avenue & 49th 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.
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Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,049.66 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $1,377.96, or roughly $115 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 1,068 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2007, making it approximately 19 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 $1,199,000 for 1,068 sq ft, the asking price per square foot is approximately $1,123. 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 The Corcoran Group - Rick Kelly
Listing Contact: (917) 204-6577
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 4/23/2026 at 11:45 AM UTC