Rarely available 3 bedroom 2 bath 1,594 sq ft condo. This triple mint apartment features a loft like living/dining great room, 9 ft ceilings, east and west exposures, and enormous wall-to-wall windows in every room which allows sunlight to flood the apartment all day long. The windowed open kitchen features stainless steel Bosch and Liebherr appliances, Caesarstone countertops, garbage disposal, glass tile backsplash, custom European cabinetry, and a breakfast counter which is perfect for entertaining. The 3 generously proportioned bedrooms are all king-sized. The spacious master bedroom features 2 custom walk-in closets and an en-suite master bath with dual sinks and an oversized glass enclosed shower. All this, plus your very own Bosch washer and dryer. There is a 15-year 421-A tax abatement in place so the apartment has very low monthly taxes.

5SL is one of Long Island City's premiere full-service luxury condominiums. The building's many amenities include 24 hour doorman/concierge, fitness center, children's playroom, rooftop terrace with BBQ grill, bicycle room, courtyard, refrigerated Fresh Direct storage in the lobby, live-in super, and on-site indoor parking. Pets are allowed. Conveniently located just steps to Gantry State Park, the new Hunter's Point South Park, dog runs, restaurants, Food Cellar Market, and the 7 train which is just 1 short stop to Grand Central Station in Midtown Manhattan.","url":"https://miltoncoste.com/for-sale/3br-condo-long-island-city-5-09-48th-avenue-apt-5-m-rls10052326","image":["https://api.cotality.com/trestle/Media/Property/PHOTO-Jpeg/1091392633/1/MTA3NDgvMTEyODQvMjA/MjAvMjE0MjQvMTc3NzA4Mjc0Nw/XKQMp3GbMKVkSOte4NQdme8aZnaLFLQCjiftyyqw_OA"],"datePosted":"2014-04-30T21:28:13.000-00:00","dateModified":"2025-06-10T15:02:18.497-00:00","address":{"@type":"PostalAddress","streetAddress":"5-09 48th, Unit 5-M","addressLocality":"Long Island City","addressRegion":"NY","postalCode":"11101","addressCountry":"US"},"numberOfRooms":3,"numberOfBathroomsTotal":2,"yearBuilt":2008,"offers":{"@type":"Offer","price":1550000,"priceCurrency":"USD","availability":"https://schema.org/SoldOut","url":"https://miltoncoste.com/for-sale/3br-condo-long-island-city-5-09-48th-avenue-apt-5-m-rls10052326","validFrom":"2014-04-30T21:28:13.000-00:00"},"broker":{"@type":"RealEstateAgent","@id":"https://miltoncoste.com/#agent","name":"Milton Coste","image":"https://miltoncoste.com/images/milton-headshot.jpg","telephone":"+19174167433","email":"mcoste@kwnyc.com","url":"https://miltoncoste.com","address":{"@type":"PostalAddress","streetAddress":"360 Madison Avenue, 9th Floor","addressLocality":"New York","addressRegion":"NY","postalCode":"10017","addressCountry":"US"},"geo":{"@type":"GeoCoordinates","latitude":40.7550404,"longitude":-73.9781023},"hasCredential":{"@type":"EducationalOccupationalCredential","credentialCategory":"license","identifier":"10301213304","recognizedBy":{"@type":"Organization","name":"New York Department of State"}},"worksFor":{"@type":"RealEstateOrganization","name":"Keller Williams NYC","url":"https://kwnyc.com"}}},{"@context":"https://schema.org","@type":"Apartment","@id":"https://miltoncoste.com/for-sale/3br-condo-long-island-city-5-09-48th-avenue-apt-5-m-rls10052326#property","name":"5-09 48th Avenue #5-M","address":{"@type":"PostalAddress","streetAddress":"5-09 48th","addressLocality":"Long Island City","addressRegion":"NY","postalCode":"11101"},"numberOfRooms":3,"numberOfBathroomsTotal":2,"yearBuilt":2008,"amenityFeature":[{"@type":"LocationFeatureSpecification","name":"Building Washer Dryer Install Allowed"},{"@type":"LocationFeatureSpecification","name":"Common Area"},{"@type":"LocationFeatureSpecification","name":"New Windows"},{"@type":"LocationFeatureSpecification","name":"Building Courtyard"},{"@type":"LocationFeatureSpecification","name":"Building Garden"},{"@type":"LocationFeatureSpecification","name":"Building Roof Deck"}],"broker":{"@type":"RealEstateAgent","@id":"https://miltoncoste.com/#agent","name":"Milton Coste","image":"https://miltoncoste.com/images/milton-headshot.jpg","telephone":"+19174167433","email":"mcoste@kwnyc.com","url":"https://miltoncoste.com","address":{"@type":"PostalAddress","streetAddress":"360 Madison Avenue, 9th Floor","addressLocality":"New York","addressRegion":"NY","postalCode":"10017","addressCountry":"US"},"geo":{"@type":"GeoCoordinates","latitude":40.7550404,"longitude":-73.9781023},"hasCredential":{"@type":"EducationalOccupationalCredential","credentialCategory":"license","identifier":"10301213304","recognizedBy":{"@type":"Organization","name":"New York Department of State"}}}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://miltoncoste.com/"},{"@type":"ListItem","position":2,"name":"For Sale","item":"https://miltoncoste.com/sale"},{"@type":"ListItem","position":3,"name":"Queens","item":"https://miltoncoste.com/search/results?borough=Queens"},{"@type":"ListItem","position":4,"name":"Long Island City","item":"https://miltoncoste.com/market-report/long-island-city"},{"@type":"ListItem","position":5,"name":"5-09 48th Avenue #5-M"}]}]
Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed August 5, 2014

5-09 48th Avenue #5-M
Closed For Sale Condo

$1,550,000

5-09 48th Avenue #5-M

Long Island City, Queens

MLS® #RLS10052326

RLS at REBNY

Listing by R New York

3

Bedrooms

2

Baths

N/A

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 2008
Ownership Condo
HOA/Common Charges $1,279/mo
Property Taxes $1,452/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: East,West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Exposure East,West
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2008
Parking Garage Available
Block/Lot 30/7501

Listing History

Event Date Price Change
Listed Apr 30, 2014 $1,550,000 -
Price Reduced Aug 5, 2014 $1,595,000 +2.9%

Description



Rarely available 3 bedroom 2 bath 1,594 sq ft condo. This triple mint apartment features a loft like living/dining great room, 9 ft ceilings, east and west exposures, and enormous wall-to-wall windows in every room which allows sunlight to flood the apartment all day long. The windowed open kitchen features stainless steel Bosch and Liebherr appliances, Caesarstone countertops, garbage disposal, glass tile backsplash, custom European cabinetry, and a breakfast counter which is perfect for entertaining. The 3 generously proportioned bedrooms are all king-sized. The spacious master bedroom features 2 custom walk-in closets and an en-suite master bath with dual sinks and an oversized glass enclosed shower. All this, plus your very own Bosch washer and dryer. There is a 15-year 421-A tax abatement in place so the apartment has very low monthly taxes.

5SL is one of Long Island City's premiere full-service luxury condominiums. The building's many amenities include 24 hour doorman/concierge, fitness center, children's playroom, rooftop terrace with BBQ grill, bicycle room, courtyard, refrigerated Fresh Direct storage in the lobby, live-in super, and on-site indoor parking. Pets are allowed. Conveniently located just steps to Gantry State Park, the new Hunter's Point South Park, dog runs, restaurants, Food Cellar Market, and the 7 train which is just 1 short stop to Grand Central Station in Midtown Manhattan.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Building Garden Building Roof Deck

Building Information

Financial Details

Common Charges $1,279/mo
RE Taxes $1,452/yr ($121/mo)
Sale Price $1,550,000
Previous Price $1,595,000

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

168

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 10:12 PM EST

Similar Listings in Long Island City

View All

Location

Loading map...

5-09 48th Avenue #5-M, Long Island City, Queens County • Near Vernon Boulevard/5th Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2007
Year Built
19 years old
8
Floors
118
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $10,004,823
Land Value: $1,147,482
Exemptions: $118,261

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

Lot Area: 35,084 SF
Building Area: 134,648 SF
Built FAR: 3.84
Allowed FAR: 4

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 $1,279 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,452, or roughly $121 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

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: RLS10052326
First Listed: 4/30/2014
Price Changed: 8/5/2014
Closed: 8/5/2014
Contract Date: 4/30/2014

Listing Courtesy of R New York - Jason Lee

Listing Contact: (917) 238-4506

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 4/25/2026 at 2:12 AM UTC

Buying a Condo? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton