Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $725,000

· Closed November 15, 2022

5-43 48TH Avenue #5E
Closed For Sale Condo

$725,000

$1,321 per sq ft

5-43 48TH Avenue #5E

Queens (Other), Queens

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MLS® #RLS10808571

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

549

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 549 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $325/mo
Property Taxes $624/yr
Parking Garage
Neighborhood Queens (Other)
Floor 5 of 8

Property Highlights

  • Exposure: South,West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 8
Exposure South,West
Pets Yes
Cross Street Vernon Blvd/5th St
Living Area 549 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Aug 19, 2022 $725,000 -
Currently May 15, 2026 $725,000 -

Description

The Solarium stands out as the first Green Certified New Development in Hunters Point, offering spacious loft-like living with a true sense of intimacy.
Upon entry of the building, its sleek and sophisticated lobby reflects the contemporary and luxurious style of the individual units. 9ft ceilings and huge thermo pane windows allow a tremendous amount of natural light that accentuates the uniqueness of each home. Along with their open and flexible layouts these spaces are beautifully polished with high-end finishes and appliances for luxury living.

This 549 sf 1bd/1bth includes bamboo wood floors, an open kitchen with custom cabinets with brushed nickel hardware, Energy Star Rated stainless steel appliances, stainless steel Blanco double sink & blizzard Caesar Stone counter tops. A fresh blend of porcelain, limestone & glass accent the bathrooms. This home also comes with an LG washer/dryer and our new Wind Turbine on the roof will help generate electricity for the elevator & common areas.

Amenities include a virtual doorman, health-club, children s playroom, 7,000 sf fully furnished green roof deck w/ an outdoor movie theater, private storage, underground parking and ground floor retail stores. Located in the heart of LIC just two blocks away from the Vernon/Jackson stop, off of the 7 Train, in the midst of the best restaurants, bars, and cafes. Being only steps away from the waterfront, you can also enjoy breathtaking views of the Manhattan skyline

Building Information

Financial Details

Common Charges $325/mo
RE Taxes $624/yr ($52/mo)
Sale Price $725,000

Queens (Other) offers a balanced residential setting with a focus on multifaceted living and accessibility. The neighborhood is defined by its balanced commercial corridors and a wide array of housing, including garden apartments and modern high-rise condominiums.

Queens (Other) Live Market Data

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Active Listings

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Median Asking Price

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Median $/Sqft

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Avg Days on Market

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New This Week

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Price Reduced

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Sold (30 Days)

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Median Sale Price

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Live data from RLS at REBNY • Updated 5/15/26, 12:38 AM EST

Recently Sold in Queens (Other)

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Location

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5-43 48TH Avenue #5E, Queens (Other), Queens County • Near Vernon Blvd/5th St

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
8
Floors
35
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,331,325
Land Value: $229,488
Exemptions: $297,449

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

Lot Area: 15,000 SF
Building Area: 47,885 SF
Built FAR: 3.19
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 $325 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $624, or roughly $52 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 549 square feet. Verify dimensions independently during due diligence.

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 $725,000 for 549 sq ft, the asking price per square foot is approximately $1,321. 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 [email protected]. 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: RLS10808571
First Listed: 8/19/2022
Price Changed: 8/19/2022
Closed: 11/15/2022
Contract Date: 8/19/2022

Listing Courtesy of Douglas Elliman Real Estate - Elizabeth Mendoza

Listing Contact: (347) 906-0871

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 5/15/2026 at 4:38 AM UTC

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