Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-33 48th Avenue #4G
Interested in this property?
Active For Sale Condo

$1,540,000

$1,573 per sq ft

5-33 48th Avenue #4G

Long Island City, Queens

Zipper Building, The

MLS® #RLS20057171

RLS at REBNY

Listing by Serene Powers Real Estate LLC

2

Bedrooms

2

Baths

979

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 979 sq ft
Year Built 1931
Ownership Condo
HOA/Common Charges $1,177/mo
Property Taxes $7,224/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Views: City
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
View City
Heating None
Cooling None
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 1931
Living Area 979 sq ft
Parking Garage Available
Architectural Style Prewar
Structure Type None
Furnished Unfurnished
Block/Lot 00030/7503

Listing History

Event Date Price Change
Listed Oct 29, 2025 $1,590,000 -
Currently May 4, 2026 $1,540,000 -3.1%

Description

Welcome to Unit 4G at The Zipper, where bold design meets modern luxury. This unique residence is a 2-bed, 2-bath spanning a generous 979 sqft. South-facing windows ensure an abundance of natural light throughout the day. This unit comes with additional 1 storage spaces.

The Zipper, a premium 41-unit condominium, is a thoughtful conversion of a former zipper factory, retaining its early 20th-century brick exterior and wooden beams while incorporating luxurious modern finishes. This blend of historic and contemporary design reflects the unique rhythm of Long Island City.
Elegant Interiors

Living Space: Open floor plan with engineered wood flooring, ample ceiling heights, and casement windows.
Kitchens: Stylish and functional with marble countertops, warm wood cabinetry, state-of-the-art appliances, and Signature black matte fixtures.

Bathrooms: Spa-inspired primary bath with Carrera tiling, bespoke wood vanity, and matte black fixtures. Secondary baths feature porcelain tile flooring and beveled white subway tile walls.
Convenience: In-unit washer/dryer.

Exceptional Amenities
Fitness Center: State-of-the-art equipment and a tranquil yoga terrace.
Lounge: Plush seating, wet bar, and outdoor terrace perfect for socializing or unwinding.
Playroom: A cheerful space for children.
Parking: Available along with dedicated private cellar storage.
Security: Part-time doorman and virtual doorman service.

Prime Location
3 mins walk to 7 Train Vernon Blvd-Jackson Av Station

Located in the heart of Hunters Point, The Zipper offers easy access to Long Island Citys vibrant food scene, waterfront parks, nightlife, artisanal shops, galleries, and museums. Live life to the fullest with everything LIC has to offer right at your doorstep.

Experience the perfect blend of historic charm and modern luxury at Unit 4G, The Zipper. Schedule your viewing today to view





Features & Amenities

Interior Features

Building None None

Appliances

Dryer Dishwasher Washer

Building Information

Financial Details

Common Charges $1,177/mo
RE Taxes $7,224/yr ($602/mo)
Original Price $1,590,000
Previous Price $1,590,000

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

173

Median Asking Price

$1.20M

Median $/Sqft

$1,518

Avg Days on Market

N/A

New This Week

21

Price Reduced

20%

Sold (30 Days)

5

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/3/26, 10:29 PM EST

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Location

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5-33 48th Avenue #4G, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Floor Plans

Floor Plan 1

Floor Plan

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
8
Floors
41
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $6,595,655
Land Value: $493,204
Exemptions: $0

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

Lot Area: 13,523 SF
Building Area: 55,219 SF
Built FAR: 4.08
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 $1,177 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,224, or roughly $602 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 979 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 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 $1,540,000 for 979 sq ft, the asking price per square foot is approximately $1,573. 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: RLS20057171
First Listed: 10/29/2025
On Market: 10/29/2025
Price Changed: 3/30/2026
Contract Date: 10/27/2025

Listing Courtesy of Serene Powers Real Estate LLC - Serene C Powers

Listing Contact: (646) 706-1282

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 5/4/2026 at 2:29 AM UTC

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