Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Closed July 19, 2021

5 48TH Avenue #4P
Closed For Sale Condo

$1,250,000

$1,150 per sq ft

5 48TH Avenue #4P

Long Island City, Queens

5SL

MLS® #RLS10701092

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,087

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,087 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $1,019/mo
Property Taxes $2,256/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 8

Property Highlights

  • Exposure: North facing
  • 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 48th Avenue & 5th Street
Year Built 2007
Living Area 1,087 sq ft
Parking Garage Available

Description

This 2BR/2BA luxury unit is available for purchase in one of the best-located, high-end condominium buildings in all of Long Island City, Fifth Street Lofts! This nearly 1100 sq.ft. apartment boasts a fantastic layout and no wasted space. The unit comes with high-quality finishes, including a state-of-the-art gourmet kitchen with Caesar stone countertops; glass tile backsplash; Liebherr refrigerator; Bosch range, dishwasher, microwave; dark wood cabinetry; garbage disposal; and Kohler fixtures. Upgrades from the owner include a custom-made storage space in the kitchen, making it not only high-end but extremely functional.

The master bedroom is large enough for a king-size bed and includes a walk-in closet, as well as an en-suite master bathroom with Limestone double sink vanity and over-sized shower. Bosch washer/dryer included. Owner also installed a custom-built media/storage unit in the living room, adding even more storage to the excellent closet space throughout the apartment. Parking spot available separately for $90,000.

5SL features a 24-hour concierge, fitness center, playroom, rooftop terrace, common courtyard, and building garage. The building is just a block from the East River and the magical waterfront park, where there are playgrounds, green open spaces, the new Hunters Point library, and two ferry stops that take passengers from Queens to Brooklyn and Manhattan. It is also located just two blocks from the 7 train, which is one subway stop to Grand Central and Midtown Manhattan. 421-a tax abatement is in place until June 30th, 2024. Reach out to schedule a showing today!

Features & Amenities

Appliances

Dryer Washer

Building Information

Building 5SL
Total Units 118
Stories 8

Financial Details

Common Charges $1,019/mo
RE Taxes $2,256/yr ($188/mo)
Sale 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

169

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

11

Price Reduced

16%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/19/26, 8:49 PM EST

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Location

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5 48TH Avenue #4P, Long Island City, Queens County • Near 48th Avenue & 5th Street

Floor Plans

Floor Plan
MLS® ID: RLS10701092
First Listed: 2/24/2021
Price Changed: 2/24/2021
Closed: 7/19/2021
Contract Date: 2/24/2021

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 4/20/2026 at 12:49 AM UTC

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