Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,350,000

· Closed February 5, 2016

5-49 Borden Avenue #6-M
Closed For Sale Condo

$1,350,000

$1,151 per sq ft

5-49 Borden Avenue #6-M

Long Island City, Queens

MLS® #RLS10059040

RLS at REBNY

Listing by Anchor Associates

2

Bedrooms

2

Baths

1,173

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,173 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $753/mo
Property Taxes $372/yr
Parking Garage
Neighborhood Long Island City
Floor 6 of 12

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 6 of 12
Exposure North,South,West
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2008
Living Area 1,173 sq ft
Parking Garage Available
Block/Lot 34/7501

Listing History

Event Date Price Change
Listed Jul 21, 2015 $1,350,000 -
Price Reduced Oct 26, 2015 $1,425,000 +5.6%

Description

Just listed. Unit 6-M is brand new to the market.

If you are considering a 2BR in LIC, you cannot miss this listing. Possibly the best split bedroom layout, unit 6M boasts 1173 interior and 74 exterior sq ft. It has unobstructed views down the Brooklyn shoreline to the Williamsburg Bridge, and across the East River to downtown Manhattan and the Freedom Tower.

It's oversized living room measures 25?5 x 12?9 and features floor to ceiling windows. Southern exposure provides a lot of natural light throughout the day to accompany your skyline views. You will enjoy waking up in the master bedroom to warm northern light, and will savior the quietness of the master bedroom tucked away in the back of the apartment. The master bedroom also features a large custom built walk in closet for you to get ready in the morning.

One Hunters Point has full service amenities including a health club, indoor parking, bike storage, resident?s lounge, and landscaped garden with an outdoor fireplace and barbecue grills.

One Hunters Point is located one stop from Grand Central at the Vernon Jackson subway station. The apartment is a lovely 3 minute stroll to the beautifully designed Gantry State Park on the East River, and walking distance to the growing food scene in LIC with premium bars and restaurants (Mu Ramen, Smorgasburg Queens, Maiella, M. Wells, etc)

There is a 15 year 421-A tax abatement in place until June of 2024.
The monthly common charge is only $753.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Balcony Building Roof Deck Balcony

Building Information

Financial Details

Common Charges $753/mo
RE Taxes $372/yr ($31/mo)
Sale Price $1,350,000
Previous Price $1,425,000

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, 12:31 PM EST

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Location

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5-49 Borden Avenue #6-M, 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 $753 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $372, or roughly $31 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 1,173 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 $1,350,000 for 1,173 sq ft, the asking price per square foot is approximately $1,151. 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: RLS10059040
First Listed: 7/21/2015
Price Changed: 10/26/2015
Closed: 2/5/2016
Contract Date: 7/21/2015

Listing Courtesy of Anchor Associates - Zsolt S. Bene

Listing Contact: (917) 362-8286

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 4:31 PM UTC

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