SOLD FOR $1,250,000
· Closed August 31, 2017
5-09 48th Avenue #6R
MLS® #RLS10035722
Listing by The Corcoran Group
2
Bedrooms
2
Baths
1,100
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Building Terrace
- Parking: Private garage
- New Construction: Brand new building
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 15, 2017 | $1,400,000 | - |
| Currently | Apr 24, 2026 | $1,250,000 | -10.7% |
Description
Bright and sunny 2 bedroom, 2 bathroom condo at the highly coveted 5th Street Lofts. Light streams from Northern exposure through over-sized windows, highlighting the gracious flow from the foyer into the living room with its rich hardwood floors. The unit's extra-large living room that can easily accommodate a couch as well as dining room set if desired. The living room flows directly into the fully open kitchen. The modern kitchen boasts stainless-steel Bosch range oven, microwave, dishwasher and washer/dryer as well as a Liebherr refrigerator, and a garbage disposal. Adjacent to the large living room is the second bedroom that easily fit a queen sized bed and has wonderful closet space. The second bathroom has a shower and a tub. The master suite enjoys an en-suite bathroom complete with limestone counter-tops, double sink vanities, Kohler fixtures and a large custom-fitted walk-in closet. Built by Toll Brothers City Living, the nations leading luxury home builder, The 5SL Condominium offers a 24 hour doorman, live-in super, private enclosed parking, fitness center, playroom, bike storage, common roof top garden, common yard and Petanque court. Hunter's Point is filled with great restaurants, shopping, groceries, fitness studios and nightlife. Hunters Point South Park and Gantry Plaza State Park offer gorgeous waterfront outdoor space and prime Fourth of July fireworks viewing. The Water taxi and ferry service are easily accessible, and the nearby 7 train whisks passengers into Manhattan in mere minutes in just one stop.
Features & Amenities
Interior Features
Exterior Features
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
164
Median Asking Price
$1.20M
Median $/Sqft
$1,525
Avg Days on Market
N/A
New This Week
6
Price Reduced
18%
Sold (30 Days)
12
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/24/26, 12:04 AM EST
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Location
5-09 48th Avenue #6R, 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 $950 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $960, or roughly $80 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 1,100 square feet. Verify dimensions independently during due diligence.
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.
At the current list price of $1,250,000 for 1,100 sq ft, the asking price per square foot is approximately $1,136. 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 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 Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 4:04 AM UTC