Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $925,000

· Closed August 27, 2013

5-09 48th Avenue #6-R
Closed For Sale Condo

$925,000

$846 per sq ft

5-09 48th Avenue #6-R

Long Island City, Queens

MLS® #RLS10039434

RLS at REBNY

Listing by Modern Spaces, LLC

2

Bedrooms

2

Baths

1,093

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,093 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $910/mo
Property Taxes $1,080/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Views: City
  • Exposure: North facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
View City
Exposure North
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2008
Living Area 1,093 sq ft
Parking Garage Available
Block/Lot 30/7501

Listing History

Event Date Price Change
Listed Aug 27, 2013 $925,000 -
Currently Apr 25, 2026 $925,000 -

Description

I am pleased to offer this opportunity to own a split 2 bedroom 2 bathroom 1093 SF Condominium in the nucleus of Long Island City. Located 1 stop from Grand Central. The master bedroom enjoys an en-suite bathroom complete with limestone counter-tops, double sink vanities, Kohler fixtures and a large custom-fitted walk-in closet. The open living room and kitchen layout easily accommodates a dining table, which makes the space ideal for entertaining. A Northern exposure gives the apartment terrific Bridge and City Views. This Condo is finished with quality stainless-steel Bosch range, washer/dryer, dishwasher, microwave, Liebherr refrigerators, and a garbage disposal. Built by Toll Brothers City Living, the nations leading luxury home builder, The 5SL Condominium offers a 24 hour door-man, live-in super, private enclosed parking, fitness center, children's playroom, bike storage, common roof top garden, common yard and Petanque court. Welcome home.

An on-site parking spot is available for sale separately.

Please email for an private showing.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Building Garden Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $910/mo
RE Taxes $1,080/yr ($90/mo)
Sale Price $925,000

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

168

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/25/26, 7:58 AM EST

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Location

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5-09 48th Avenue #6-R, Long Island City, Queens County • Near Vernon Boulevard/5th Street

Floor Plans

Floor Plan
Floor Plan

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 $910 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,080, or roughly $90 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 1,093 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 $925,000 for 1,093 sq ft, the asking price per square foot is approximately $846. 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: RLS10039434
First Listed: 8/27/2013
Closed: 8/27/2013
Contract Date: 1/16/2013

Listing Courtesy of Modern Spaces, LLC - David Roger Grossmann

Listing Contact: (917) 553-6466

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 4/25/2026 at 11:58 AM UTC

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