Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1

· Closed November 23, 2017

5 49TH Avenue #NA

5 49TH Avenue #NA

Long Island City, Queens

MLS® #RLS10030491

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

4

Bedrooms

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 4
Bathrooms 2
Year Built N/A
Neighborhood Long Island City

Property Highlights

  • Location: Long Island City, Queens
  • Property Type: Single Family Residence

Property Details

Type Single Family Residence
Total Rooms 8
Baths null Full

Listing History

Event Date Price Change
Listed Sep 20, 2017 $1,650,000 -
Currently Apr 23, 2026 $1 -100.0%

Description

Bring your architect and build your dream house! This legal two-unit townhouse offers endless possibilities from one of the most appealing and convenient locations in Long Island City - one block to the subway, two blocks to the waterfront, and across the street from a park and a community garden.

The approximately 1870-vintage building has great bones and an inviting and accommodating flow to the space. Currently used as a one-unit home, this roughly 1,705 square feet of generous interior space offers an opportunity to fuse pre-war charm with state-of-the-art modern living. The 900-plus square foot private backyard is a perfect place to entertain, barbecue, plant a garden, or simply relax and enjoy the tranquility.

This townhouse is located just blocks from schools, daycares, restaurants, bars, and the gorgeous LIC waterfront. One block takes you to the 7-line subway where you are one stop from Grand Central and three stops to Times Square. Don't miss this opportunity to create the home you've always wanted on your own piece of land in the heart of LIC!

Details: Lot: 14.08 feet x 100 feet; Building: Approx. 14 feet x 40 feet; Zoning: M1-4/R6B/LIC; Facility FAR 2, Commercial FAR 2, and Residential FAR 2. Annual real estate taxes: $3,939.

Building Information

Total Units 1

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

164

Median Asking Price

$1.20M

Median $/Sqft

$1,525

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, 5:18 PM EST

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Location

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5 49TH Avenue #NA, Long Island City, Queens County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
1
Floors
M1-4/R6B
Zoning District

Tax & Assessment

Assessed Value: $127,350
Land Value: $24,750
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 5,000 SF
Built FAR: 2
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

This property has 4 bedrooms and 2 full bathrooms.

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: RLS10030491
First Listed: 9/20/2017
Price Changed: 11/29/2017
Closed: 11/23/2017
Contract Date: 9/20/2017

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 9:18 PM UTC

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