Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-09 48TH Avenue #2C

For Sale · Listing by Serhant

5-09 48TH Avenue #2C

Hunters Point, Queens

$1,399,900

Interested in this property?
Active For Sale • Condo

$1,399,900

$1,336 per sq ft

5-09 48TH Avenue #2C

Hunters Point, Queens

5th Street Lofts (5

MLS® #RLS20121228

RLS at REBNY

Listing by Serhant

2
Bedrooms
2
Baths
1,048
Sq. Ft.
2008
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,048 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,300/mo
Property Taxes Contact for details
Neighborhood Hunters Point
Floor 2 of 8

Property Highlights

  • Views: Park Greenbelt, Skyline
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 2 of 8
View Park Greenbelt, Skyline
Exposure South
Cooling Other
Pets Yes
Year Built 2008
Living Area 1,048 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00030/1019

Listing History

Event Date Price Change
Listed Oct 15, 2026 $1,399,900 -
Currently Oct 16, 2026 $1,399,900 -

Description

Photos have been virtually staged. SUN-FILLED TWO-BEDROOM AT 5SL Welcome to Residence 2C at 5-09 48th Avenue, a bright two-bedroom, two-bathroom condominium in Long Island City's Hunters Point neighborhood. This approximately 1,048-square-foot home enjoys southern exposure, filling the interior with beautiful natural light throughout the day. The open kitchen features stainless steel appliances and a breakfast bar overlooking the living and dining area. A split-bedroom layout provides privacy, with a spacious main bedroom featuring two closets and an en-suite bathroom. A second bedroom, second full bathroom, and in-unit washer and dryer complete the home. 5th Street Lofts offers a 24-hour attended lobby, concierge service, fitness center, playroom, landscaped roof decks, and a garden courtyard. Enjoy Hunters Point's vibrant mix of waterfront parks, restaurants, and neighborhood conveniences. Gantry Plaza State Park and Hunter's Point South Park offer green space and Manhattan skyline views. Dining options include Casa Enrique, American Brass, and the restaurants and cafés along Vernon Boulevard, with Foodcellar Market and Dumbo Market providing everyday grocery options. Transportation includes the 7 train at Vernon Boulevard-Jackson Avenue, one stop from Grand Central, and NYC Ferry service at Hunters Point South with connections to Manhattan and Brooklyn

Features & Amenities

Interior Features

Building Other In Unit

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Bike Storage Cold Storage Common Playroom Concierge Game Room

Building Information

Financial Details

Common Charges $1,300/mo
RE Taxes Contact for details

Hunters Point lines the Queens waterfront with modern glass-tower condominiums, converted warehouse lofts, and mid-rise rental buildings overlooking the East River. The 7 train at Hunters Point Avenue connects to Midtown Manhattan, and the LIRR station at Hunterspoint Avenue adds a second commuter option. Gantry Plaza State Park anchors the neighborhood with restored industrial piers, public lawns, and direct Manhattan skyline views.

Hunters Point Live Market Data

View Neighborhood

Active Listings

26

Median Asking Price

$1.80M

Median $/Sqft

$1,678

Avg Days on Market

N/A

New This Week

1

Price Reduced

19%

Sold (30 Days)

1

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 10/16/26, 12:35 AM EST

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Location

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5-09 48TH Avenue #2C, Hunters Point, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2007
Year Built
19 years old
8
Floors
118
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $10,004,823
Land Value: $1,147,482
Exemptions: $118,261

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

Lot Area: 35,084 SF
Building Area: 134,648 SF
Built FAR: 3.84
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 $1,300 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,048 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,399,900 for 1,048 sq ft, the asking price per square foot is approximately $1,336. 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: RLS20121228
First Listed: 10/15/2026
On Market: 10/15/2026
Price Changed: 10/15/2026
Contract Date: 10/15/2026

Listing Courtesy of Serhant - Carlos Simoes

Listing Contact: (646) 246-4975

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/16/2026 at 4:35 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Hunters Point Market Update

1 sale last 30 days · $1.80M median · 26 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Hunters Point Borough Queens
County Queens
Floor 2 of 8
Year Built 2008
First Listed 10/15/2026
Living Area 1,048 sqft
Common Charges $1,300/mo

Monthly Costs Estimate

Down Payment 20%

$279,980

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,300
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,999

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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