SOLD FOR $800,000
Listed at $875,000 · Sold 8.6% below asking · Closed April 2, 2026
4-74 48th Avenue #35-L
MLS® #RLS20032187
Listing by Modern Spaces
2
Bedrooms
2
Baths
1,150
Sq. Ft.
1997
Year Built
Quick Summary
Property Highlights
- Views: River
- Exposure: East,South,West facing
- Outdoor Space: Balcony
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 19, 2025 | $865,000 | - |
| Price Reduced | Oct 5, 2025 | $840,000 | -2.9% |
| Currently | Jun 6, 2026 | $875,000 | +4.2% |
Description
Ready for a custom designed home in an iconic LIC waterfront residence? Schedule of tour of your next home. One of the most desired lines in Citylights - a two / convertible three bedroom apartment with balcony.
Easy to show and ready to sell! This won't last!
Breathtaking Views of the Manhattan Skyline and East River greet you immediately upon entering 2BR/2BA with Separate Dining area (convertible Den/3rd Bedroom) and Balcony. This very bright and airy residence features oversized windows with South and West/East exposure. King sized bedrooms, abundant closets and balcony. Close to 1,150 sqft of space to call LIC home!
This buidling has NO BOARD INTERVIEW required. Plus, it’s one of only two buildings DIRECTLY on the Long Island City waterfront with apartments available for purchase.
Citylights, Long Island City’s first luxury high-rise residence, was designed by famed Argentine-American architect Cesar Pelli.
Total maintenance* of $3,616, is about 23-54% tax-deductible. *Maintenance is inclusive of building’s real estate tax obligation.
The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage (residents enjoy a reduced rate as low as $159.00/mo).
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive Listings
182
Median Asking Price
$1.19M
Median $/Sqft
$1,541
Avg Days on Market
N/A
New This Week
6
Price Reduced
22%
Sold (30 Days)
8
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 6/6/26, 3:35 AM EST
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Location
4-74 48th Avenue #35-L, Long Island City, Queens County • Near Center Boulevard/5th Street
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $3,616 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,150 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 $875,000 for 1,150 sq ft, the asking price per square foot is approximately $761. 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) 416-7433Listing Courtesy of Modern Spaces - Mary V Torres
Listing Contact: (347) 302-2100
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 Data display by Keller Williams NYC. Data last updated on 6/6/2026 at 7:35 AM UTC