SOLD FOR $1,342,500
Listed at $1,435,000 · Sold 6.4% below asking · Closed June 27, 2013
$1,342,500
$847 per sq ft
Listed at $1,435,000 $-92,500 vs asking
48-21 5th Street #TH1C
Gantry Condominiums
MLS® #RLS10040260
Listing by Elliman
3
Bedrooms
3
Baths
1,585
Sq. Ft.
2006
Year Built
Sale Details
Property Summary
Description
Welcome home. This perfectly situated 3 bedroom, 3 bath townhouse in The Gantry is being offered for re-sale for the 1st time. This bright, South facing 3 bedroom duplex home features hardwood floors, 9' & 10' ceilings, open chefs' kitchen with stainless steele appliances, washer dryer, private patio, front door and building access, and a cherished on-site deeded parking spot. Only one of two built by the developer, this townhome really does feel like a house within the city. Perfect for a growing family or owner with frequenthouse guests. The Gantry is LIC's premiere boutique luxury condominium. The Low carrying charges reflect a guaranteed 15 year tax abatement. The Gantry is 1 block from the beautiful Gantry State Park facing Manhattan on the banks of the East River, less than 2 blocks from Vernon Jackson 7 station, & only one stop from Grand Central. Completed in 2007, The Gantry offers a pt doorman, fitness center, upgraded owners' lounge, & a fantastic landscaped roof deck. As a completely sold out building with excellent financials & solid management, this home offers you & your lender a rock solid building with no turnover, and 95% owner occupancy. Sellers would prefer a Purchase with Lease back, with posession in summer 2014, but will consider occupancy at closing.
Property Details
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Listing courtesy of Rick Kelly at Elliman. 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. This 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.