Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,299,000

· Closed January 31, 2017

5-43 48TH Avenue #4C
Closed For Sale Condo

$1,299,000

$1,287 per sq ft

5-43 48TH Avenue #4C

Long Island City, Queens

SOLARIUM

MLS® #RLS10030532

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,009

Sq. Ft.

2010

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,009 sq ft
Year Built 2010
Ownership Condo
HOA/Common Charges $466/mo
Property Taxes $1,200/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 8

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 8
Exposure North
Pets Yes
Cross Street Vernon Blvd/5th St
Year Built 2010
Living Area 1,009 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Jul 11, 2016 $1,350,000 -
Price Reduced Oct 6, 2016 $1,250,000 -7.4%
Currently Apr 24, 2026 $1,299,000 +3.9%

Description

This sleek and bright 2-bedroom/2-bathroom condo located in the heart of Long Island City is available for purchase! There is no wasted space in this 1,009 square foot apartment, which boasts an additional 96 square foot balcony with open, bright views of Manhattan and Queens. The kitchen includes energy star stainless steel appliances, custom cabinets with massive amounts of storage, and Caesarstone countertops, and imported Italian tiles give you the feel of luxury and efficiency. Renovations to the bathrooms include custom vanities with fantastic storage in each bathroom, as well as an installed bathtub in to the second bathroom. Also included with the apartment is a separately deeded storage unit to keep your apartment clear of clutter and large, bulky items.

This apartment is located at The Solarium, Long Island City's first LEED-certified GREEN building. Situated on 48th Avenue between Vernon and 5th Street, the location is prime. A block to the waterfront, two blocks to the Vernon/Jackson 7 subway stop (one stop to Grand Central!), and right around the corner from all the great restaurants on Vernon Boulevard, you will love where you live. Schools, daycares, parks, playgrounds, restaurants, bars, and shops are all just minutes from this location.

The Solarium offers a list of amenities, including doorman, fitness center, children's playroom, garage (parking spot available for rent separately), and a gorgeous roof deck with panoramic views of Manhattan, Queens, and the 59th Street Bridge, as well as an outdoor projection screen for movie nights. There is a 421-A, 15-year tax abatement in place until June 30th, 2027. Current assessments include a capital contribution of $69.62 per month, as well as an assessment of $139.11/month. Total monthly covering costs, including common charges, taxes, and assessments are extremely low at $774.71.

Quite possibly the best-located 2-bedroom condo on the market in LIC right now! Please reach out to schedule a viewing today.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $466/mo
RE Taxes $1,200/yr ($100/mo)
Original Price $1,350,000
Sale Price $1,299,000
Previous Price $1,250,000

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

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, 6:24 AM EST

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Location

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5-43 48TH Avenue #4C, Long Island City, Queens County • Near Vernon Blvd/5th St

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
8
Floors
35
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,331,325
Land Value: $229,488
Exemptions: $297,449

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

Lot Area: 15,000 SF
Building Area: 47,885 SF
Built FAR: 3.19
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 $466 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,200, or roughly $100 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 1,009 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 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 $1,299,000 for 1,009 sq ft, the asking price per square foot is approximately $1,287. 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: RLS10030532
First Listed: 7/11/2016
Price Changed: 10/6/2016
Closed: 1/31/2017
Contract Date: 7/12/2016

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Jonna Stark

Listing Contact: (917) 696-3698

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 4/24/2026 at 10:24 AM UTC

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