Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-09 48th Avenue #4Q
Interested in this property?
Active For Sale Condo

$1,598,000

$1,445 per sq ft

5-09 48th Avenue #4Q

Long Island City, Queens

5SL

MLS® #RLS20091095

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, May 17 • 12:30 PM – 1:15 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

2

Baths

1,106

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,106 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,382/mo
Property Taxes $6,204/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 8

Property Highlights

  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 8
Cooling Central Air
Pets Yes
Year Built 2008
Living Area 1,106 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00030/7501

Listing History

Event Date Price Change
Listed May 13, 2026 $1,598,000 -
Currently May 14, 2026 $1,598,000 -

Description

JUST LISTED! This sun-flooded large 2 bedroom and 2 full bathroom home boasts a well-appointed living room with oversized windows. The open kitchen features Bosch range, dishwasher and microwave, Liebher refrigerator, Allmilmo dark cabinetry, Alpine Snow counter tops, garbage disposal and Kohler stainless steel fixtures. The large primary bedroom features an enormous closet with custom built-ins, an impressive en-suite bathroom with honed rift-cut limestone countertops, taboo-stained double sink vanities, oversized shower, stainless-steel fixtures and lots of extra cabinets. The sun-drenched second bedroom has a big closet and a second full bath with a soaking tub. An enormous coat closet for extra storage, Maple wood flooring all throughout and in-unit Bosch washer/dryer. 5SL is one of Long Island City's premiere full-service luxury condominiums. The building's many amenities include 24- hour doorman/concierge service, ground-level fitness center, children's playroom, common outdoor space with BBQ grill, a separate bicycle room, a beautiful courtyard for private parties, refrigerated Fresh Direct storage in the lobby, live-in super. Pets are welcome. Conveniently located just one block away to Gantry State Park/Hunter's Point South Park, dog runs, fine restaurants, Food Cellar Market, and only 3 blocks away from the #7 train that takes you to Grand Central Station in Midtown Manhattan in less than 5 minutes. Easiest access to the midtown tunnel and to LIE. Please reach out for a private viewing.

Features & Amenities

Interior Features

Double Vanity Soaking Tub Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Courtyard

Building Amenities

Bike Storage Common Playroom Concierge Elevators Fitness Center

Appliances

Dishwasher Gas Cooktop Refrigerator

Building Information

Building 5SL
Building Data View Compliance & Permits
Total Units 118
Stories 8
Structure HighRise

Financial Details

Common Charges $1,382/mo
RE Taxes $6,204/yr ($517/mo)

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

175

Median Asking Price

$1.20M

Median $/Sqft

$1,508

Avg Days on Market

N/A

New This Week

8

Price Reduced

19%

Sold (30 Days)

4

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/13/26, 8:37 PM EST

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Location

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5-09 48th Avenue #4Q, Long Island City, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2007
Year Built
19 years old
8
Floors
118
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $10,004,823
Land Value: $1,147,482
Exemptions: $118,261

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

Lot Area: 35,084 SF
Building Area: 134,648 SF
Built FAR: 3.84
Allowed FAR: 4

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 $1,382 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,204, or roughly $517 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 1,106 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,598,000 for 1,106 sq ft, the asking price per square foot is approximately $1,445. 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) 416-7433
MLS® ID: RLS20091095
First Listed: 5/13/2026
On Market: 5/13/2026
Price Changed: 5/13/2026
Contract Date: 4/30/2026

Listing Courtesy of Compass - Silvette Julian

Listing Contact: (917) 846-3942

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 5/14/2026 at 12:37 AM UTC

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