Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $775,000

· Closed January 23, 2020

4-74 48th Avenue #39-A
Closed For Sale Condop

$775,000

$674 per sq ft

4-74 48th Avenue #39-A

Long Island City, Queens

MLS® #RLS10589830

RLS at REBNY

Listing by Modern Spaces, LLC

2

Bedrooms

2

Baths

1,150

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,150 sq ft
Year Built 1997
Ownership Condop
HOA/Common Charges $3,224/mo
Parking Garage
Neighborhood Long Island City
Floor 39 of 42

Property Highlights

  • Views: River
  • Exposure: South,West facing
  • Outdoor Space: Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 5
Baths 2 Full
Floor 39 of 42
View River
Exposure South,West
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Living Area 1,150 sq ft
Parking Garage Available
Block/Lot 18/1

Listing History

Event Date Price Change
Listed Sep 26, 2019 $775,000 -
Currently Apr 22, 2026 $775,000 -

Description

Perched high on the 39th floor, the views of this exquisite corner unit home are breathtaking: sparkling waters of East River, and the dramatic skyline views of three boroughs. With both southern and western exposure, the apartment is filled with natural light all day long through oversized windows in every room. The customized 2BR 2BA home, with approximately 1,150 SF, has an efficient layout, creating the perfect ambiance and backdrop for entertaining friends, and quiet evenings at home.

A large living room featuring solid wood floor throughout, and space to fit a large dining table, with a kitchen pass-through that makes for easy food preparation and serving. Galley kitchen has been upgraded with stainless steel appliances, high-gloss custom cabinets and stone countertops. Large master bedroom that can easily fit King size bed, and a private balcony with heartwarming views of the southwestern skyline. Both the ensuite and second bathroom has pedestal sink and deep soaking tub. The second bedroom has direct Manhattan views and a large closet.

CityLights is a full-service building with a full-time doorman, concierge, garage, tennis courts, roof deck, fitness center that includes work-out classes within the maintenance fee cost. In addition, there is a sauna, bike room, and laundry room is on site. Below the 522-unit building is 5 floors of retail space comprising of a Spa, dry-cleaner, elementary school and early learning center comprise the bottom portion of the building. Fantastic waterfront park ? Gantry State Park ? is steps from the front door. CityLights is furthermore situated minutes from Manhattan via the 7 train, ferry and in close proximity to Hunter Point LIRR station heading out to the Port Washington Line.

Features & Amenities

Interior Features

Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Stories 42

Financial Details

Common Charges $3,224/mo
Sale Price $775,000

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

167

Median Asking Price

$1.20M

Median $/Sqft

$1,526

Avg Days on Market

N/A

New This Week

11

Price Reduced

18%

Sold (30 Days)

13

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 4/22/26, 3:08 PM EST

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Location

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4-74 48th Avenue #39-A, Long Island City, Queens County • Near Center Boulevard/5th Street

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 $3,224 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 $775,000 for 1,150 sq ft, the asking price per square foot is approximately $674. 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: RLS10589830
First Listed: 9/26/2019
Closed: 1/23/2020
Contract Date: 9/25/2019

Listing Courtesy of Modern Spaces, LLC - Kenneth Lee

Listing Contact: (718) 784-1110

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 4/22/2026 at 7:08 PM UTC

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