Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
4-74 48th Avenue #PH1A
Interested in this property?
Active For Sale Condop

$920,000

$1,122 per sq ft

4-74 48th Avenue #PH1A

Long Island City, Queens

Citylights at Queens Landing

MLS® #RLS20087541

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, May 17 • 11:00 AM – 12:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1

Bedroom

1

Bath

820

Sq. Ft.

1996

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 820 sq ft
Year Built 1996
Ownership Condop
HOA/Common Charges $3,655/mo
Parking Garage
Neighborhood Long Island City
Floor 40 of 42

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Deck, Terrace, Balcony
  • Climate Control: Central Air, Other

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 40 of 42
Exposure South,West
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 1996
Living Area 820 sq ft
Parking Garage Available
Parking Features Assigned, Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00018/0001

Listing History

Event Date Price Change
Listed May 13, 2026 $920,000 -
Currently May 13, 2026 $920,000 -

Description

Castle in the Clouds Perched 40 floors above the Long Island City waterfront, this “Castle in the Clouds” offers breathtaking 180-degree panoramic views of Brooklyn, the East River, and the Manhattan skyline. Boasting nearly 500 square feet of private outdoor space — from the south-facing balcony to the one-of-a-kind southwest terrace — this rare gem is truly a must-see. Brightly and beautifully renovated, the residence features approximately 820 square feet of thoughtfully designed living space filled with natural light and stunning city vistas from every angle. Showings by appointment only. Citylights is renowned for its exceptional service, amenities, and strong sense of community. The outstanding staff — including a 24-hour concierge and porter — provides residents with the highest level of courtesy and professionalism. Amenities include a rooftop deck with a tennis court, a fully equipped staffed fitness center, sauna, and an attached enclosed parking garage with rates starting at just $148 per month. Ideally located just blocks from mass transit, shops, restaurants, and multiple parks, Citylights places you in the heart of one of New York City’s most sought-after neighborhoods. With Grand Central just one subway stop away and Times Square only three stops from home, you can enjoy immediate access to Manhattan while escaping its constant noise and congestion. The quality of life here is, quite simply, life changing.

Features & Amenities

Interior Features

Sauna Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Barbecue Building Garden Balcony Building Roof Deck Building Tennis Courts Private Outdoor Space Over60 Sqft Deck Terrace Balcony

Building Amenities

Bike Storage Cold Storage Common Lounge Concierge Elevators Fitness Center Health Club Management On Site Management Package Room Sauna Security System Security Guard

Building Information

Financial Details

Common Charges $3,655/mo

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

176

Median Asking Price

$1.20M

Median $/Sqft

$1,507

Avg Days on Market

N/A

New This Week

8

Price Reduced

19%

Sold (30 Days)

4

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/13/26, 2:54 PM EST

Similar Listings in Long Island City

View All

Location

Loading map...

4-74 48th Avenue #PH1A, Long Island City, Queens County

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 $3,655 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 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 820 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: One pet,Building Pets Allowed Comments:One pet is allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $920,000 for 820 sq ft, the asking price per square foot is approximately $1,122. 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: RLS20087541
First Listed: 4/29/2026
On Market: 5/13/2026
Contract Date: 4/24/2026

Listing Courtesy of Compass - Brian T Dusseau

Listing Contact: (917) 596-3139

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 5/13/2026 at 6:54 PM UTC

Buying in NYC? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email