Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,875,000

· Closed December 21, 2018

5-41 47th Road #2-B
Closed For Sale Condo

$1,875,000

$1,175 per sq ft

5-41 47th Road #2-B

Long Island City, Queens

FIVE Fortyone

MLS® #RLS10434968

RLS at REBNY

Listing by Modern Spaces

3

Bedrooms

3

Baths

1,596

Sq. Ft.

2014

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,596 sq ft
Year Built 2014
Ownership Condo
HOA/Common Charges $735/mo
Property Taxes $4,884/yr
Neighborhood Long Island City
Floor 3 of 3

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Rooftop
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 3 of 3
Exposure North
Heating Electric
Cooling Other
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2014
Living Area 1,596 sq ft
Block/Lot 29/8

Listing History

Event Date Price Change
Listed Mar 16, 2016 $1,875,000 -
Price Reduced Jun 6, 2018 $1,950,000 +4.0%

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, each comprised of 3 bedrooms, 3 full baths and owning perfectly landscaped private outdoor spaces. Apartment 2B is a 1596 sq. ft. Penthouse Triplex where the most considerate attention has resulted in creating generous yet gracious living spaces. Beginning with its inviting entry into the sumptuous living/dining area* naturally lit through two oversized windows, the open gourmet galley kitchen highlights at one end with its beautiful wood Shaker style cabinetry and an extended sleek stone countertop. Its efficient design is enhanced by top-of-the-line appliances that include both a Viking gas range w/ wall hood vent and fridge w/ french doors, Bosch dishwasher and an Avanti built-in wine cooler. Six inch wide, custom stained White Oak hardwood floors add warm elegance throughout. (*Current layout substitutes one bedroom for added living/dining space.)

The stairway ascends to the sizeable bedrooms offering ample closets, including a linen closet and well appointed bathrooms outfitted with an Artos rain shower, Italian stone vanity with double sinks in the ensuite and upscale Kohler bath fixtures for the ultimate in modern comfort. In-unit washer/dryer and additional storage area provided.

The penthouse level is an intellect?s hideaway with its home office sunlit by corner windows and offset by the expansive private rooftop wood deck offering panoramic Long Island City rooftop views and a glimpse of our beloved New York Empire State Building. Terrace furnished with BBQ gas grill.

FIVE FORTY ONE truly offers discreet town house living while blending all of the fine finished details of an opulent high rise condominium. Conveniently located on 47th Rd. between Vernon Ave. and 5th St., this extraordinary triplex condo/home is surrounded by all the modern needs of an elevated lifestyle. Upscale food markets, unique cafes & boutiques, stylish up-and-coming restaurants and all personal services such as health spas, fitness clubs, salons, pharmacies, banks, etc. are but mere minutes away. Centrally located to Brooklyn?s hottest spots populated with artists, visionaries, entrepreneurs, and innovative small businesses, it represents a forward-thinking approach to life. With just a stones throw away to NYC by way of one quick stop on the 7 Train to Manhattan, Long Island City has well proven itself to be the best neighbourhood to live leisurely while loving the lavish life.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Rooftop

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $735/mo
RE Taxes $4,884/yr ($407/mo)
Sale Price $1,875,000
Previous Price $1,950,000

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

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, 7:45 AM EST

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Location

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

Floor Plans

Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

2014
Year Built
12 years old
3
Floors
9
Residential Units
M1-4/R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $318,540
Land Value: $36,720
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 5,311 SF
Built FAR: 2.12
Allowed FAR: 2

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 $735 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,884, or roughly $407 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 1,596 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 permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,875,000 for 1,596 sq ft, the asking price per square foot is approximately $1,175. 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: RLS10434968
First Listed: 3/16/2016
Price Changed: 6/6/2018
Closed: 12/21/2018
Contract Date: 2/28/2018

Listing Courtesy of Modern Spaces - Mae Liew

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 4/23/2026 at 11:45 AM UTC

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