Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $589,000

· Closed June 10, 2020

5 48TH Avenue #6D
Closed For Sale Condo

$589,000

$1,280 per sq ft

5 48TH Avenue #6D

Long Island City, Queens

5SL

MLS® #RLS10860027

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

460

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 460 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $418/mo
Property Taxes $360/yr
Parking Garage
Neighborhood Long Island City
Floor 6 of 8

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 6 of 8
Exposure South
Pets Yes
Cross Street 48th Avenue & 5th Street
Year Built 2007
Living Area 460 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Nov 24, 2019 $594,000 -
Currently Apr 22, 2026 $589,000 -0.8%

Description

The best value in LIC! 6D is a bright south facing studio. The home features a full-sized open chef's kitchen that includes Allmilmo cabinetry, Caesarstone counter tops, glass backsplash, Liebherr and Bosch appliances. Maple hardwood flooring throughout, bathroom with deep soaking tub, Kohler fixtures and travertine vanity, fantastic closet space including a walk-in closet, in unit washer/dryer. 5SL is a full service condo built by Toll Brothers the nation's leader in luxury home building. You can expect the best in amenities including: 24 hour concierge, fitness center, playroom, landscaped mezzanine and rooftop terraces, refrigerated storage and bicycle storage. The building is located in the heart of the Long Island City Waterfront minutes from the 7 train. Also located just a block from the bars and Cafes of Vernon Blvd and the fine dining options that line Center Blvd. Perhaps the most exciting part about location is you are only 1 block from the gantry state park!

Features & Amenities

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building 5SL
Total Units 118
Stories 8

Financial Details

Common Charges $418/mo
RE Taxes $360/yr ($30/mo)
Original Price $594,000
Sale Price $589,000

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

166

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

10

Price Reduced

17%

Sold (30 Days)

13

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 4/22/26, 11:45 AM EST

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Location

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5 48TH Avenue #6D, Long Island City, Queens County • Near 48th Avenue & 5th Street

Floor Plans

Floor Plan
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 $418 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $360, or roughly $30 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 460 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 $589,000 for 460 sq ft, the asking price per square foot is approximately $1,280. 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: RLS10860027
First Listed: 11/24/2019
Closed: 6/10/2020
Contract Date: 11/24/2019

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Shawn Mazzarone

Listing Contact: (631) 456-1680

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 4/22/2026 at 3:45 PM UTC

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