Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,485,000

· Closed October 16, 2025

10-55 47th Avenue #5-E
Closed For Sale Condo

$1,485,000

$1,209 per sq ft

10-55 47th Avenue #5-E

Long Island City, Queens

MLS® #RLS20017731

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,228

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,228 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $991.31/mo
Property Taxes $12,852/yr
Parking Garage
Neighborhood Long Island City
Floor 5 of 8

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 8
View City
Exposure West
Cooling Other
Pets Yes
Cross Street 11th Street/Vernon Boulevard
Year Built 2006
Living Area 1,228 sq ft
Parking Garage Available
Architectural Style Loft
Block/Lot 0047/7501

Listing History

Event Date Price Change
Listed Apr 21, 2025 $1,685,000 -
Price Reduced Jun 23, 2025 $1,590,000 -5.6%
Currently May 29, 2026 $1,485,000 -6.6%

Description

Meticulously designed 2 BR, 2 BA luxury apartment featuring a state-of-the-art Italian made Pedini kitchen with custom counter tops and porcelain back splash; full array of high-end stainless steel appliances; wide-plank, bleached white oak wood floors; master bedroom walk-in closets by Tranform; a large in-unit laundry room with washer and dryer; and solid-core doors. The units high ceilings and oversized, western-exposure windows create a free-flowing space with abundant natural light and fresh air. The architecturally significant design is completed with the retention of the building's original concrete mushroom columns and an open kitchen. Full bathroom boasts elegant porcelain tile walls and floors, extra-wide walnut vanity with polished stone top, low rise Philipe Starck water closet and recessed lighting. The building has a part time (8am to 8pm) doorman in an originally-designed mosaic tile walled lobby. A large, landscaped rooftop terrace with incredible 360-degree panoramic views of Manhattan, Brooklyn and Queens provide 24/7 outdoor access anytime you want or the perfect space to entertain. This boutique building is nestled in the heart of Long Island City, just one block from Vernon Blvd., and a few blocks from the Waterfront Promenade or the Vernon/Jackson 7, E, M, and G Trains. A plethora of amenities are just a walk away.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed In Unit

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $991.31/mo
RE Taxes $12,852/yr ($1,071/mo)
Original Price $1,685,000
Sale Price $1,485,000
Previous Price $1,590,000

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

173

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

3

Price Reduced

24%

Sold (30 Days)

2

Median Sale Price

$976K

Live data from RLS at REBNY • Updated 5/29/26, 2:15 PM EST

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Location

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10-55 47th Avenue #5-E, Long Island City, Queens County • Near 11th Street/Vernon Boulevard

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
8
Floors
43
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,662,904
Land Value: $229,505
Exemptions: $99,316

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

Lot Area: 12,500 SF
Building Area: 45,405 SF
Built FAR: 3.63
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 $991.31 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,852, or roughly $1,071 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,228 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,485,000 for 1,228 sq ft, the asking price per square foot is approximately $1,209. 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: RLS20017731
First Listed: 4/21/2025
On Market: 4/21/2025
Price Changed: 6/23/2025
Closed: 10/16/2025
Contract Date: 4/21/2025

Listing Courtesy of Modern Spaces - Britt Nieto

Listing Contact: (347) 432-7886

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 5/29/2026 at 6:15 PM UTC

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