Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed October 4, 2016

5-49 Borden Avenue #10A
Closed For Sale Condo

$1,300,000

$1,106 per sq ft

5-49 Borden Avenue #10A

Long Island City, Queens

One Hunter's Point Condo

MLS® #RLS10064888

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,175

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,175 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $938/mo
Property Taxes $444/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
View City
Exposure East,North,South
Cooling Other
Pets Yes
Cross Street Borden Avenue & Vernon Boulevard
Year Built 2007 (New)
Living Area 1,175 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Aug 9, 2016 $1,250,000 -
Currently Apr 24, 2026 $1,300,000 +4.0%

Description

This two-bedroom, two-bath apartment has unobstructed views from every room. From the master bedroom, one looks North to the 59th Street Bridge and beyond; from the second bedroom and living room it is South down the river to the Manhattan skyline. The entire apartment is bathed in light. The open kitchen has high-end appliances including a Fisher & Paykel fridge and stove, a microwave and dishwasher. There is also a Bosch washer/dryer in the apartment. This very well-run building is pet-friendly and has a residents lounge and fitness room. There is also a private landscaped garden complete with fireplace and barbecues for the use of the tenants. First showing at open house on Sunday, August 14, 12:00-2:00 pm.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden Balcony Balcony

Building Information

Financial Details

Common Charges $938/mo
RE Taxes $444/yr ($37/mo)
Original Price $1,250,000
Sale Price $1,300,000
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

165

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

7

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 8:03 AM EST

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Location

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5-49 Borden Avenue #10A, Long Island City, Queens County • Near Borden Avenue & Vernon Boulevard

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
12
Floors
132
Residential Units
M1-5/R7X
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $13,566,294
Land Value: $497,247
Exemptions: $0

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

Lot Area: 25,518 SF
Building Area: 130,984 SF
Built FAR: 5.13
Allowed FAR: 5

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 $938 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $444, or roughly $37 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 1,175 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 $1,300,000 for 1,175 sq ft, the asking price per square foot is approximately $1,106. 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: RLS10064888
First Listed: 8/9/2016
Price Changed: 10/5/2016
Closed: 10/4/2016
Contract Date: 8/9/2016

Listing Courtesy of The Corcoran Group - Sarah Bond

Listing Contact: (646) 456-0288

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 12:03 PM UTC

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