Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $460,000

Listed at $488,000 · Sold 5.7% below asking · Closed May 15, 2026

4-74 48th Avenue #3-BB
Closed For Sale Condop

$488,000

$966 per sq ft

4-74 48th Avenue #3-BB

Long Island City, Queens

MLS® #RLS20067317

RLS at REBNY

Listing by Modern Spaces

Studio

1

Bath

505

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 505 sq ft
Year Built 1997
Ownership Condop
HOA/Common Charges $919.24/mo
Parking Garage
Neighborhood Long Island City
Floor 3 of 42

Property Highlights

  • Exposure: East,North facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 3 of 42
Exposure East,North
Cooling Central Air
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Living Area 505 sq ft
Parking Garage Available
Structure Type HighRise
Block/Lot 0018/0001

Listing History

Event Date Price Change
Listed Jan 8, 2026 $488,000 -
Currently Jun 1, 2026 $488,000 -

Description

LIC Corner Studio – Steps to LIC’s Waterfront

24 hr notice to show.

This sunny studio is on the 3rd floor. This apartment features corner park views, closets, pass through galley kitchen.

Located in the waterfront of Hunters Point, Long Island City this is only 5 minutes from midtown Manhattan on the 7 train and 10 minutes from Union Square.

NO BOARD INTERVIEW required.

The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage No amenity fee

Citylights Long Island City's first luxury high-rise residence Citylights was designed by famed Argentine-American architect Cesar Pelli. This building has NO BOARD INTERVIEW required.The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage (residents enjoy a reduced rate as low as $149.00/mo).

Video Tour Available upon request
Stock photos of actual unit.

LIVE IN LONG ISLAND CITY
Move in and you’ll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. Minutes to Manhattan; this is one of New York’s most exciting neighborhoods 3 blocks to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants & Cafes including Casa Enrique; Little Chef Little Cafe; Maiella; Santa Chiara popular fitness studios; shops, less than a mile to Trader Joe’s plus day spas and more.

Features & Amenities

Interior Features

Kitchen Window Common Area

Exterior Features

Building Storage Building Roof Deck

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 42
Structure HighRise

Financial Details

Common Charges $919.24/mo
Sale Price $460,000
Land Lease Yes

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

173

Median Asking Price

$1.20M

Median $/Sqft

$1,523

Avg Days on Market

N/A

New This Week

3

Price Reduced

23%

Sold (30 Days)

2

Median Sale Price

$976K

Live data from RLS at REBNY • Updated 6/1/26, 1:28 PM EST

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Location

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4-74 48th Avenue #3-BB, Long Island City, Queens County • Near Center Boulevard/5th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1996
Year Built
30 years old
42
Floors
522
Residential Units
M3-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $46,107,450
Land Value: $6,349,950
Exemptions: $46,107,450

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

Lot Area: 80,634 SF
Building Area: 724,475 SF
Built FAR: 8.98

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 $919.24 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 505 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1997, making it approximately 29 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $488,000 for 505 sq ft, the asking price per square foot is approximately $966. 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: RLS20067317
First Listed: 1/16/2026
On Market: 1/8/2026
Price Changed: 1/16/2026
Closed: 5/15/2026
Contract Date: 1/8/2026

Listing Courtesy of Modern Spaces - Mary V Torres

Listing Contact: (347) 302-2100

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 6/1/2026 at 5:28 PM UTC

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