Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $848,000

· Closed August 15, 2018

4-74 48th Avenue #PH3A
Closed For Sale Condop

$848,000

4-74 48th Avenue #PH3A

Long Island City, Queens

Citylights

MLS® #RLS10069512

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1996

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1996
Ownership Condop
HOA/Common Charges $3,168.25/mo
Neighborhood Long Island City
Floor 41 of 42

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 5
Baths 2 Full
Floor 41 of 42
View City
Exposure East,South,West
Cooling Other
Pets Yes
Cross Street CENTER BOULEVARD and 5 STREET
Year Built 1996

Listing History

Event Date Price Change
Listed Apr 2, 2018 $899,999 -
Currently Apr 23, 2026 $848,000 -5.8%

Description

An easily convertible three bedroom layout, bright and sunny Southwestern exposure and unobstructed panoramic Brooklyn and Manhattan views make Penthouse 3A the best priced two bedroom/two bathroom penthouse in Long Island City! Light pours in through a full wall of oversized windows from Southern, Western and partial Eastern exposures, highlighting the stained parquet flooring throughout the apartment. The oversized living area features a full wall of windows, and can easily accommodate a full couch as well as dining set or be converted to a true third bedroom or home office. Directly outside the living room is your very own balcony that overlooks downtown Manhattan and Brooklyn. The large and partially open kitchen features custom wooden cabinetry, tiled flooring, a copper sink, granite counter-tops, GE stove and dishwasher and Sub-Zero refrigerator that has been covered with matching custom wooden cabinetry. The entire unit has been upgraded with light fixtures in every room, including track lighting in the living room as well as both bedrooms. Both spacious bedrooms feature soaring views, and can easily fit king sized beds. Both bathrooms have been extensively renovated with Italian tile and granite sink tops. There is a sliding glass door to bathtub in guest bathroom and Whirlpool tub in Master Bathroom.Citylights At Queens Landing is a highly sought-after 42-story condop building designed by famed Argentine-American architect Cesar Pelli. Building amenities include: a tennis court, concierge, laundry, five story garage with parking for less than $200 a month, full time doorman and a stunning duplex roof-deck. The building is centrally located, on the edge of the Long Island City waterfront and Gantry State Park. Close too multiple subway options (E,M, G, 7), the nearby 7 train can take residents into Midtown Manhattan and Grand Central station in just one stop. The building is a brisk five minute walk from the water taxi, east river ferry and the LIRR, allowing fast access to Brooklyn, Manhattan and Long Island.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Building Citylights
Total Units 522
Stories 42

Financial Details

Common Charges $3,168.25/mo
Original Price $899,999
Sale Price $848,000
Previous Price $899,999

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 #PH3A, Long Island City, Queens County • Near CENTER BOULEVARD and 5 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 $3,168.25 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1996, making it approximately 30 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.

Pet policy requires confirmation with the listing broker.

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: RLS10069512
First Listed: 4/2/2018
Price Changed: 5/21/2018
Closed: 8/15/2018
Contract Date: 4/2/2018

Listing Courtesy of The Corcoran Group - Lauren R Bennett

Listing Contact: (718) 612-9922

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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