Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

· Closed October 31, 2018

4-74 48th Avenue #24-E
Closed For Sale Condop

$700,000

$927 per sq ft

4-74 48th Avenue #24-E

Long Island City, Queens

MLS® #RLS10437565

RLS at REBNY

Listing by RealDirect Brokerage Services

2

Bedrooms

1

Bath

755

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 755 sq ft
Year Built 1997
Ownership Condop
HOA/Common Charges $1,786/mo
Parking Garage
Neighborhood Long Island City
Floor 24 of 42

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 1 Full
Floor 24 of 42
View City
Exposure North
Cooling Central Air
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Living Area 755 sq ft
Parking Garage Available
Block/Lot 18/1

Listing History

Event Date Price Change
Listed Jun 7, 2018 $700,000 -
Price Reduced Oct 31, 2018 $799,000 +14.1%

Description

The Best Waterfront 2BR Opportunity in Long Island City!
Picture yourself in this bright and beautiful 2BR/1BA waterfront unit with open layout and amazing city views. Enjoy your modern, completely renovated high-end finishes throughout, including chef's kitchen and private 40 Sq. Ft Balcony. This home is great for entertaining and is located in one of the most sought-after neighborhoods in New York City. The convenience of Citylights is unmatched with just a 10-minute commute to Grand Central, 2 blocks from dozens of grocery stores bars and restaurants and Gantry State Park right at your doorstep. Don't miss out on the best 2BR opportunity in Long Island City!

- Ultra high-end custom designer renovation
- Oversized windows throughout
- Wellborn Forest solid wood soft close cabinetry
- Premier Calcutta Gold marble counter top and backsplash
- Sub-Zero refrigerator/Wolf range and cooktop with center grill
- Dual Temp Wine cooler
- LED under counter lighting.
- Gorgeous hardwood American Walnut plank flooring installed over a sub-floor
- Stunning bathroom feature Toto fixtures with temperature controlled deep soaking spa tub/rain shower/ beautiful mosaic tile flooring/ marble walls and tub surround/custom marble top vanity and lighting.
- Architectural details include raised panel doors with nickel hardware/ crown and base molding. Custom multi-functional built closets to handle your every storage need.
- Terrific amenities including 24/7 doorman and 24/7 gym with weights, sauna and yoga room as well as a large roof deck with 2 tennis courts, bike room and 5 level parking garage.

CITYLIGHTS - Long Island City's premier waterfront luxury hi-rise. PET-FRIENDLY, No Board Interview. You'll love living at CITYLIGHTS!

Features & Amenities

Interior Features

Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Stories 42

Financial Details

Common Charges $1,786/mo
Previous Price $799,000

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

$1,526

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/23/26, 9:22 AM EST

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Location

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4-74 48th Avenue #24-E, Long Island City, Queens County • Near Center Boulevard/5th Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1996
Year Built
30 years old
42
Floors
522
Residential Units
M3-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $46,107,450
Land Value: $6,349,950
Exemptions: $46,107,450

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

Lot Area: 80,634 SF
Building Area: 724,475 SF
Built FAR: 8.98

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 $1,786 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 755 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1997, making it approximately 29 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $700,000 for 755 sq ft, the asking price per square foot is approximately $927. 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: RLS10437565
First Listed: 6/7/2018
Price Changed: 10/31/2018
Closed: 10/31/2018
Contract Date: 6/6/2018

Listing Courtesy of RealDirect Brokerage Services - Douglas Perlson

Listing Contact: (917) 597-9181

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 4/23/2026 at 1:22 PM UTC

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