Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,339,000

· Closed July 31, 2017

5-49 Borden Avenue #2-B
Closed For Sale Condo

$1,339,000

$1,284 per sq ft

5-49 Borden Avenue #2-B

Long Island City, Queens

MLS® #RLS10065171

RLS at REBNY

Listing by Modern Spaces, LLC

2

Bedrooms

2

Baths

1,043

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,043 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $950/mo
Property Taxes $420/yr
Parking Garage
Neighborhood Long Island City
Floor 2 of 12

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Rooftop
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 2 of 12
Exposure North,South
Heating Natural Gas
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2008
Living Area 1,043 sq ft
Parking Garage Available
Block/Lot 34/7501

Listing History

Event Date Price Change
Listed Apr 29, 2017 $1,339,000 -
Currently Apr 24, 2026 $1,339,000 -

Description

An Outdoor Lover?s Paradise!

This spacious and quiet corner 2 bedroom 2 bath unit with 1,900 sq ft of private outdoor space is available for purchase in the highly sought-after One Hunters Point Condominiums in LIC.

Walk into the entry foyer and discover tons of closet/storage space, including a Bosch washer/dryer tucked away. The open, well-lit designer kitchen beckons home chefs with its sleek granite countertops, an abundance of cabinets and stainless steel Fisher & Paykel appliances. The entire home is lined with hardwood floors and floor-to-ceiling windows, with extra luxuries built-in throughout.

Relax and unwind in the bright living room with large, noise-abated windows and upgraded HVAC unit, as you look over your exclusive outdoor oasis? your own private 1,684 sq ft backyard with shaded pergola for outdoor dining and entertaining! It boasts 2 huge custom-built storage spaces, maintenance-free synthetic lawn and a top-of-the-line outdoor Jacuzzi for 4!

When it?s time to call it a night, this home offers a grand master bedroom with an upgraded walk-in closet and 2 additional built-in linen closets. The master en-suite bath features a glass-enclosed stand shower and high end fixtures and finishes. The large second bedroom also features a custom built closet and large expansive windows looking out towards the private outdoor yard. Both bedrooms have been upgraded with track lighting, ceiling fans and custom blackout blinds.

Lastly, this unit also comes with a fantastic private rooftop cabana with sweeping south-facing NYC skyline views? perfect for BBQ?s and fireworks watching on July 4th! With 2 private outdoor spaces you have endless ways to enjoy life right at home- entertain, exercise, play, BBQ, or just lay back in the included outdoor hot tub! This AMAZING home is move-in ready!

Additional perk: buyer has the option to purchase a private deeded indoor parking space.

One Hunters Point has a full time concierge (24/7), a live-in super, a fully equipped fitness center, lounge and a rare outdoor garden with commercial BBQs, outdoor seating and fire pit, as well as bike storage. A 15-year 421a tax abatement is in place until June, 2024.

Walk to stores, schools, playgrounds, the riverfront Gantry State Park, cafes, Michelin-starred restaurants, MoMA PS1, and the new library on the waterfront. The home is just 2 blocks to the subway for a 6 minute ride to Midtown (1 stop!) via the 7 train. Walk to the East River Ferry to visit Manhattan, Brooklyn or Governors Island in the summer! Here, you can have it ALL!!

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Building Roof Deck Rooftop

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $950/mo
RE Taxes $420/yr ($35/mo)

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, 1:40 AM EST

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Location

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5-49 Borden Avenue #2-B, Long Island City, Queens County • Near 5th Street/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 $950 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $420, or roughly $35 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 1,043 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 $1,339,000 for 1,043 sq ft, the asking price per square foot is approximately $1,284. 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: RLS10065171
First Listed: 4/29/2017
Closed: 7/31/2017
Contract Date: 4/28/2017

Listing Courtesy of Modern Spaces, LLC - Kayla Lee

Listing Contact: (646) 327-9517

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 5:40 AM UTC

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