SOLD FOR $1,195,000
· Closed January 24, 2015
5-09 48th Avenue #3-P
MLS® #RLS10059607
Listing by Nest Seekers International
2
Bedrooms
2
Baths
1,087
Sq. Ft.
2008
Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 21, 2014 | $1,195,000 | - |
| Price Reduced | Oct 21, 2014 | $1,225,000 | +2.5% |
Description
Spacious and bright two-bedroom, two full bathroom apartment available at Fifth Street Lofts (5SL)! 5SL is a luxury premiere condominium building located in the heart of LIC, one of the most desirable neighborhoods in NYC.
This charming nearly 1100 sq.ft. unit comes with high-quality finishes, including a state-of-the-art gourmet kitchen with Caesar stone countertops, glass tile backsplash, Liebherr refrigerator, Bosch ranges, dishwasher, microwave, dark wood cabinetry, garbage disposal, and Kohler fixtures. Bosch washer/dryer included! Bathroom includes Limestone double sink vanity and over-sized shower. Master bedroom has a walk-in closet.
5SL features a 24-hour concierge, fitness center, children's playroom, rooftop terrace and common courtyard. Just steps from the gorgeous waterfront and various parks, 5SL boasts one of the most prime locations in all of Long Island City. It is also conveniently located near many lovely restaurants, a high-end grocery store, pharmacy, banks, and boutiques. One subway stop from Grand Central and Midtown Manhattan, this is one of the best two-bedrooms on the market in one of the most sought-after buildings in LIC!
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
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
5-09 48th Avenue #3-P, Long Island City, Queens County • Near Vernon Boulevard/5th Street
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)
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 $863.73 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $976.92, or roughly $81 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 1,087 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2008, making it approximately 18 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 $1,195,000 for 1,087 sq ft, the asking price per square foot is approximately $1,099. 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 Nest Seekers International - Jonna M. Stark
Listing Contact: (917) 696-3698
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 10:56 PM UTC