Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $400,000

· Closed September 12, 2016

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

$400,000

$830 per sq ft

4-74 48th Avenue #3N

Long Island City, Queens

Citylights

MLS® #RLS10047372

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

482

Sq. Ft.

1996

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 482 sq ft
Year Built 1996
Ownership Condop
HOA/Common Charges $572.89/mo
Neighborhood Long Island City
Floor 3 of 42

Property Highlights

  • Location: Long Island City, Queens
  • Property Type: Condop
  • Built: 1996

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 3 of 42
Pets Yes
Cross Street CENTER BOULEVARD and 5 STREET
Year Built 1996
Living Area 482 sq ft

Listing History

Event Date Price Change
Listed May 19, 2016 $435,000 -
Price Reduced Jun 1, 2016 $425,000 -2.3%
Currently Apr 24, 2026 $400,000 -5.9%

Description

Cozy studio apartment, two minutes walking from the Vernon Jackson 7 train stop and right in front of Gantry State Park! This 482 square foot studio has a wonderful functional layout with well maintained parquet flooring throughout the apartment. The partially open kitchen has a large refrigerator and a dishwasher. Low monthly maintenance makes this the best deal in LIC! Building Amenities include: Full time Concierge Staffed Fitness center with free daily classes, Sauna, locker rooms and showers. Two beautifully landscaped roof decks, Two outdoor tennis courts, On-site parking and bike storage is available in this Pet Friendly luxury high-rise building. With only a 5 minute commute to Midtown via the 7 train (water taxi also available) enjoy living in a waterfront park like setting without missing out on all the excitement Manhattan has to offer. Walk to the new gourmet market, Duane Reade, great local eateries and boutiques; experience LIC Flea on the weekends. With the 12 acre riverside Gantry Plaza State Park for your back yard you can enjoy relaxing strolls along the park's four piers, as well as manicured gardens. $425,000- Maintenance $572.9 (43% tax deductible). Citylights at Queens Landing permits pied--terres.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Common Charges $572.89/mo
Original Price $435,000
Sale Price $400,000
Previous Price $425,000

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

$1,524

Avg Days on Market

N/A

New This Week

7

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 8:02 AM EST

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Location

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4-74 48th Avenue #3N, Long Island City, Queens County • Near CENTER BOULEVARD and 5 STREET

Floor Plans

Floor Plan

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 $572.89 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 482 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1996, making it approximately 30 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 $400,000 for 482 sq ft, the asking price per square foot is approximately $830. 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: RLS10047372
First Listed: 5/19/2016
Price Changed: 6/1/2016
Closed: 9/12/2016
Contract Date: 5/19/2016

Listing Courtesy of The Corcoran Group - Lauren R Bennett

Listing Contact: (718) 612-9922

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 4/24/2026 at 12:02 PM UTC

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