Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,880,000

Listed at $3,998,000 · Sold 3% below asking · Closed August 2, 2016

SOLD: 10-49 49th Avenue #0
SOLD $3,880,000
Sold Multi Family

$3,880,000

$652 per sq ft

Listed at $3,998,000 $-118,000 vs asking

10-49 49th Avenue #0

Long Island City, Queens

MLS® #RLS10464978

RLS at REBNY

Listing by Elliman

7

Bedrooms

6

Baths

5,952

Sq. Ft.

1890

Year Built

Sale Details

Sale Price $3,880,000
Original List Price $3,998,000
First Listed At $5,800,000
Close Date August 2, 2016
vs. Asking Sold 3% below asking

Property Summary

Bedrooms 7
Bathrooms 6
Living Area 5,952 sq ft
Year Built 1890
Neighborhood Long Island City

Description

Live luxuriously and own the only Italianate Brownstone in Hunters Point. Smart and ambitious, the buyer of this historic 1890 townhouse will control not only 4 apartments in an indisputably hot Long Island City real estate market at below market value, but will also be in the enviable position of living in the 3 bedroom duplex for less than the monthly price of renting a one bedroom apartment in LIC. The townhouse has been fully gutted to the interior brick walls and renovated with top of the line amenities (only the 4 brick walls and a few joist were kept). The interior is foam insulated to achieve maximum energy efficiency. All bathrooms have radiant heat flooring. The 6 wood burning fireplaces have fully closed doors and are used frequently when entertaining. Each unit has its own central air unit, washer and dryer. A dumbwaiter is available to the upper floor residents for convenience. This rare 20' wide Brownstone is situated just off of Jackson Avenue. The building is within the LIC special zoning district allowing for a 10,000sf commercial/residential structure. The existing 6,000sf structure comes as of right with an additional 4,000sf of building rights that can be used to enlarge the living space. The commercial overlay also allows the new owner to lease or convert the garden level apartment to a restaurant or retail space. The 2500sf duplex apartment features a beautiful chef's kitchen, large dining room that seats up to 14 people, a gracious south facing living room with 14' ceiling height, 3 bedrooms + home office and 3 full bathrooms. The upper floor apartments each have their own top of the line amenities and offer flexible 1,250sf. floor plans. The building has a full cellar for use as media/play room, workshop or wine storage. There is also a spacious rear garden for entertaining and a roof deck with stunning 360 panoramic city views and full view of the July 4th fireworks off of the East River.

Property Details

Type Multi Family
Year Built 1890
Living Area 5,952 sq ft

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RLS at REBNY

Listing courtesy of Rick Kelly at Elliman. 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. This 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.

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