SOLD FOR $1,600,000
Listed at $1,698,000 · Sold 5.8% below asking · Closed June 25, 2015
5-09 48th Avenue #7-E
MLS® #RLS10073636
Listing by Nest Seekers International
2
Bedrooms
2
Baths
1,106
Sq. Ft.
2008
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North,South,West facing
- Outdoor Space: Terrace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 11, 2014 | $1,698,000 | - |
| Price Reduced | Aug 18, 2014 | $1,699,000 | +0.1% |
Description
Simply spectacular!! This stunning corner, unique and massive 2 bed with 2 full baths at the luxurious 5SL lofts is a one-of-a-kind home. It boasts a master bedroom with 2 huge walk-in closets, a sprawling master bath with double sink and a private access to the grand outdoor terrace. The sun-drenched, gracious living room faces west where you can enjoy gorgeous Manhattan and water views. The open and very spacious kitchen is well equipped with high-end appliances, marble counter top and stainless steel fixtures. The second full bathroom comes with a soaking bathtub. Solid wood floors all through out. Large California Closet built-ins, an enclosed washer and dryer room with built-in shelves. The impeccable private terrace comes with a gas fireplace, barbeque grill, customized built-in corner seats, impressive perennial tress, beautiful planters and all-weather wood furniture.
This luxurious new condo building offers 24-hour doorman and concierge service, an impressive rooftop, an exquisite fitness center, bike storage and a large childrens' playroom. It's only 3 blocks to the 7 train line and steps away from all fine restaurants and shops on Vernon Boulevard and the Food Cellar whole foods.
Long Island City is one of the most sough-after New York neighborhoods, this exquisite town is pulsating with excitement and great energy. Parking is right next door.The Gantry State Park is only a few blocks away. Come be a part of this amazing growing community.
This is a great investment property-Very low monthly common charges and a tax abatement in place until 2022
http://www.olrdigital.com/olrmax/420310-6160
Amenities
A/C units
Corner Apartment
Dining Area
Dining Room
Dishwasher
Hardwood Floors
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
165
Median Asking Price
$1.20M
Median $/Sqft
$1,524
Avg Days on Market
N/A
New This Week
7
Price Reduced
19%
Sold (30 Days)
12
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/24/26, 3:46 PM EST
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Location
5-09 48th Avenue #7-E, 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 $1,103 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $1,224, or roughly $102 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.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,698,000 for 1,106 sq ft, the asking price per square foot is approximately $1,535. 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 - 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 Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 7:46 PM UTC