Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,220,000

Listed at $1,290,000 · Sold 5.4% below asking · Closed May 28, 2021

5-09 48th Avenue #5Q
Closed For Sale Condo

$1,290,000

$1,166 per sq ft

5-09 48th Avenue #5Q

Long Island City, Queens

5SL

MLS® #RLS10665646

RLS at REBNY

Listing by Hauseit LLC

2

Bedrooms

2

Baths

1,106

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,106 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $998/mo
Property Taxes $2,340/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Pets Yes
Cross Street 48th Avenue & 5th Street
Year Built 2007
Living Area 1,106 sq ft
Parking Garage Available

Description

Fifth Street Lofts is a one-of-a-kind, full service condo by Toll Brothers, the nation's leading luxury home builder. 5SL features 24-hour concierge, fitness center, 2 common rooftop terraces, large common patio with bocce ball court, childrens playroom, cold storage, bicycle storage, heated garage, live-in super and is pet friendly.

Unit 5Q is an incredibly bright, split floor plan 2 bedroom unit. 5Q is northward facing and features true NY-style, direct views of Queensborough Bridge.

This stunning 2BR 2BA is spacious with bamboo floors throughout, large closets with custom built-ins and Bosch washer/dryer. AC/heat units are brand new. The luxurious gourmet kitchen comes with Caesarstone countertops and an oversized kitchen island/breakfast bar, glass backsplash, Allmilmo cabinetry, Liebherr refrigerator, Bosch range, microwave and dishwasher and Kohler fixtures.

421-tax abatement expires 2024.





Features & Amenities

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $998/mo
RE Taxes $2,340/yr ($195/mo)
Sale Price $1,220,000

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

169

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

11

Price Reduced

16%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/19/26, 10:47 PM EST

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Location

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5-09 48th Avenue #5Q, Long Island City, Queens County • Near 48th Avenue & 5th Street

Floor Plans

Floor Plan
MLS® ID: RLS10665646
First Listed: 9/10/2020
Price Changed: 2/5/2021
Closed: 5/28/2021
Contract Date: 9/10/2020

Listing Courtesy of Hauseit LLC - Nick Oliver

Listing Contact: (888) 494-8258

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 4/20/2026 at 2:47 AM UTC

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