5 48TH Avenue #7F
MLS® #RLS10540652
Listing by Halstead dba Brown Harris Stevens Residential Sales LLC
3
Bedrooms
2
Baths
1,587
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Exposure: East,West facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 21, 2019 | $2,400,000 | - |
| Currently | Apr 23, 2026 | $2,400,000 | - |
Description
This bright and spacious 3-BR/2-Bath offers 1,587 sf of luxury living, complete with a 1,075 sf private terrace, in the heart of Long Island City's waterfront neighborhood at the fabulous 5SL! No detail was spared in this smartly designed 7th floor home, which offers views of the Empire State Building, the World Trade Center, and the Chrysler Building through its West-facing wall of windows. The enormous living and dining area is perfect for entertaining guests or just relaxing with the people who matter most to you. The private terrace gives you even more options to kick back, grill and chill. Views of the NYC skyline, colorful sunsets, and 4th of July fireworks on the East River are the icing on the cake.
Many memories are made at home, and this unit is ready for you. The chef's kitchen includes a brand new Summit refrigerator and a Bosch range, dishwasher, and microwave. The kitchen includes Kohler fixtures, dark wood cabinetry, and a garbage disposal. The living room features custom, built-in storage--you won't even know it's there. Full-sized LG washer/dryer unit also included. Other upgrades include a ceiling fan, and lighting sconces installed throughout the apartment.
The Master Suite is large enough for a king-sized bed and also has direct access to the terrace. The walk-in closet and additional custom-built closet both feature Elfa shelving. The updated master bathroom includes a Limestone double sink vanity, new floors, and a steam shower, with custom tiling and a built-in bench. Amazing morning light also shines in this apartment, with the other two bedrooms having Eastern exposure. This double exposure unit (Western and Eastern) allows maximum light all throughout the day. Every closet has been finished with Elfa shelving--you will love the amount of storage in this unit!
5SL is one of the best-located condo buildings in all of Long Island City, being just a block from the East River and the magical waterfront park, where there are playgrounds, green open spaces, and two ferry stops that take passengers from Queens to Brooklyn and Manhattan. It is also just two blocks from the 7 train, which is one subway stop to Grand Central and Midtown Manhattan. A 15-year 421-a tax abatement is in place until June 30th, 2024. Reach out today to view one of the most unique and beautiful homes on the market in LIC.
Features & Amenities
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive 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 4/22/26, 11:04 PM EST
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Location
5 48TH Avenue #7F, Long Island City, Queens County • Near 48th Avenue & 5th Street
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,689 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $1,632, or roughly $136 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 2 full bathrooms.
The listed interior living area is 1,587 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2007, making it approximately 19 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 $2,400,000 for 1,587 sq ft, the asking price per square foot is approximately $1,512. 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) 416-7433Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Jonna Stark
Listing Contact: (917) 696-3698
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 Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 3:04 AM UTC