Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,100,000

· Closed February 15, 2018

43 49TH Street #NA

$5,100,000

43 49TH Street #NA

Long Island City, Queens

MLS® #RLS10466347

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

0

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built N/A
Neighborhood Long Island City

Property Highlights

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

Property Details

Listing History

Event Date Price Change
Listed May 18, 2017 $6,250,000 -
Price Reduced May 18, 2017 $5,500,000 -12.0%
Currently Apr 23, 2026 $5,100,000 -7.3%

Description

Rarely available 40' wide 16 unit four (4) story walkup apartment building. The property has four apartments per floor they face the front and back of the building. Twelve units are one bedroom and four are two-bedroom units. The apartments are rent stabilized with lots of upside; they are individually metered for gas and electric.The property is a prime investment opportunity because when an apartment becomes vacant an investor can renovate it and increase the rent roll. The investor can also give the tenants their own boiler and water heater.

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, 2:17 PM EST

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Location

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43 49TH Street #NA, Long Island City, Queens County

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $83,280
Land Value: $12,360
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 1,760 SF
Built FAR: 0.7
Allowed FAR: 1.5

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 0 bedrooms and 0 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: RLS10466347
First Listed: 5/18/2017
Price Changed: 5/18/2017
Closed: 2/15/2018
Contract Date: 5/18/2017

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Molly Cassese

Listing Contact: (212) 317-7821

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 6:17 PM UTC

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