Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,770,000

· Closed February 23, 2015

5-41 47th Avenue #2-A
Closed For Sale Condo

$1,770,000

$1,095 per sq ft

5-41 47th Avenue #2-A

Long Island City, Queens

Five Forty One

MLS® #RLS10045237

RLS at REBNY

Listing by Modern Spaces

3

Bedrooms

3

Baths

1,616

Sq. Ft.

2014

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,616 sq ft
Year Built 2014
Ownership Condo
HOA/Common Charges $692/mo
Property Taxes $8,544/yr
Neighborhood Long Island City

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Patio, Terrace
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Exposure South
Cooling Other
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2014 (New)
Living Area 1,616 sq ft
Block/Lot 28/9

Listing History

Event Date Price Change
Listed Jul 24, 2014 $1,770,000 -
Currently Apr 24, 2026 $1,770,000 -

Description

FIVE FORTY ONE is a truly unique and luxurious way of living. This exclusive, one of a kind boutique condominium building offers 3 spectacular residences in total. Each spacious home is comprised of 3 bedrooms and 3 full baths with their own fully appointed and perfectly landscaped private outdoor living spaces. Unit 2A is a 1616 Square Ft. Penthouse Triplex. The most considerate attention has been paid to creating generous yet gracious living spaces. The kitchen encompasses top of the line appliances that include, a Viking Gas Range and Wall Hood, Viking French Door fridge, Bosch Dishwasher and Avanti built in Wine Cooler. Custom Wood Shaker style cabinetry and Pale Grey wide plank Greystone Maple Hard Wood Floors run throughout. Experience the magnificent bath with Kohler finishes, each master bath has an over head rain shower and pull down teak bench for the ultimate at home serene spa experience. Each residence is fully pre-wired for sound with the Wireless Sonos ultimate sound system. There is a state of the art Intercom System which also you to open the front door and door to your home by simply using your cell pho

FIVE FORTY ONE truly offers discreet town house living while blending all of the fine finishing details of an opulent new high rise condominium. Conveniently located on 47th Rd. between Vernon Ave. and 5th St. LIC is dotted with cafes, quirky boutiques, restaurants and is centrally located to Brooklyn's hottest hoods. Populated with artists, visionaries, entrepreneurs, and innovative small businesses, it represents a forward-thinking approach to life. Just s stones throw away to NYC, one quick stop on the 7 Train to Manhattan. Long Island City as a neighborhood is no longer the Next Big Thing it has well proven itself as the very Best Place to Live Now.

Features & Amenities

Exterior Features

Patio Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $692/mo
RE Taxes $8,544/yr ($712/mo)
Sale Price $1,770,000

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

$1,521

Avg Days on Market

N/A

New This Week

9

Price Reduced

19%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 6:56 PM EST

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Location

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5-41 47th Avenue #2-A, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Building Information

Official NYC property records for this building

M1-3A/R7X
Zoning District

Tax & Assessment

Assessed Value: $158,400
Land Value: $158,400
Exemptions: $0

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

Lot Area: 4,080 SF
Allowed FAR: 5

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 $692 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,544, or roughly $712 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,616 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2014, making it approximately 12 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 not permitted at this property per the current listing information. Confirm with the listing broker directly.

At the current list price of $1,770,000 for 1,616 sq ft, the asking price per square foot is approximately $1,095. 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: RLS10045237
First Listed: 7/24/2014
Closed: 2/23/2015
Contract Date: 7/24/2014

Listing Courtesy of Modern Spaces - Jennifer Dorfmann

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 4/24/2026 at 10:56 PM UTC

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