Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,448,000

· Closed July 11, 2018

48-21 5th Street #4A
Closed For Sale Condo

$1,448,000

48-21 5th Street #4A

Long Island City, Queens

GANTRY

MLS® #RLS10057210

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

N/A

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 2007
Ownership Condo
HOA/Common Charges $1,074/mo
Property Taxes $2,112/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 5

Property Highlights

  • Exposure: East,South,West facing
  • Outdoor Space: Building Terrace, Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 5
Exposure East,South,West
Pets Yes
Cross Street 48th Avenue & 49th Avenue
Year Built 2007
Parking Garage Available

Listing History

Event Date Price Change
Listed Apr 16, 2018 $1,448,000 -
Currently Apr 23, 2026 $1,448,000 -

Description

Spacious and sun drenched 2 bedroom/2 bathroom apartment spanning 1,114+ square feet with over 200 square feet of outdoor space, located in the heart of Hunters Point. Elegantly set in a boutique luxury condo, this corner apartment boasts incredible light from Southern exposure, hardwood floors and 10 foot ceilings. The entryway leads directly into the unit's spacious living room and open kitchen. A full wall of dramatic oversized windows allow incredible light to showcase the stunning open layout. The sleek and elegant designer kitchen includes stone counter tops and a full range of stainless steel appliances. Both the living room and master bedroom offer direct access to the large balcony.The oversized master bedroom easily fits a California king sized bed, boasts abundant closet space and has it's very own bathroom en-suite with deep soaking tub. The equally bright and sunny second bedroom is generously proportioned and easily fits a queens or full sized bed. The second bathroom has a shower and soaking tub. The apartment offers abundant closet space and its very own Bosch washer and dryer.The Gantry is a boutique pet friendly 47-unit elevator building. Building features include a recently renovated gym, on-site parking, roof deck and residents' lounge. The building is centrally located near multiple subway options (E,M, G, 7). The nearby 7 train can take residents to Midtown Manhattan and Grand Central station in just one stop. The building is a brisk five minute walk from the Astoria ferry, East River ferry and the LIRR, allowing fast access to Brooklyn, Manhattan and Long Island.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Building Roof Deck Building Terrace Balcony

Building Information

Building GANTRY
Total Units 47
Stories 5

Financial Details

Common Charges $1,074/mo
RE Taxes $2,112/yr ($176/mo)
Sale Price $1,448,000

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

164

Median Asking Price

$1.20M

Median $/Sqft

$1,525

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, 10:57 AM EST

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Location

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48-21 5th Street #4A, Long Island City, Queens County • Near 48th Avenue & 49th Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2005
Year Built
21 years old
5
Floors
47
Residential Units
M1-4/R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,870,582
Land Value: $229,517
Exemptions: $0

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

Lot Area: 22,800 SF
Building Area: 62,826 SF
Built FAR: 2.76
Allowed FAR: 2

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 $1,074 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,112, or roughly $176 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

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.

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: RLS10057210
First Listed: 4/16/2018
Closed: 7/11/2018
Contract Date: 4/16/2018

Listing Courtesy of The Corcoran Group - Lauren R Bennett

Listing Contact: (718) 612-9922

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 2:57 PM UTC

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