Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed December 6, 2024

47-05 5th Street #PH-602
Looking for something similar?
Closed For Sale Condo

$1,600,000

$1,581 per sq ft

47-05 5th Street #PH-602

Long Island City, Queens

MLS® #RLS11006605

RLS at REBNY

Listing by Nest Seekers LLC

2

Bedrooms

2

Baths

1,012

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,012 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,023.77/mo
Property Taxes $8,119.92/yr
Parking Garage
Neighborhood Long Island City
Floor 6 of 6

Property Highlights

  • Views: City, River
  • Exposure: East,North,South facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 6 of 6
View City, River
Exposure East,North,South
Heating Electric
Cooling Wall Units
Pets Yes
Cross Street 48th Avenue/47th Road
Year Built 2016
Living Area 1,012 sq ft
Parking Garage Available
Structure Type None
Block/Lot 29/7502

Description

Welcome to Unit #602 at The Monarch Condominium - an unparalleled gem in the heart of Long Island City!
This exceptional 2-Bedroom/2-Bathroom residence boasts a sprawling 1,012 SQFT interior space and a breathtaking 1,232 SQFT private terrace, offering an extraordinary blend of indoor and outdoor living.
Upon entering this corner unit, you’ll be immediately captivated by the expansive terrace — a rare find in today’s market. This outdoor sanctuary provides stunning skyline views of Long Island City, creating a serene backdrop for your personal oasis. With its North and East facing exposures, the home is drenched in natural morning light, highlighting the rich Oak Wood floors and modern finishes throughout.
The kitchen is a chef's delight, featuring Quartz Countertops, a Glass Mosaic backsplash, and top of the line Bosch stainless steel appliances, including a refrigerator, stove, and dishwasher. The bathrooms are elegantly appointed with neutral white and grey porcelain subway tiles, heated floors, with the guest bathroom offering a deep soaking tub for ultimate relaxation. For your convenience, a stackable Electrolux Washer/Dryer is also included in the unit.
Both bedrooms are spacious and well designed so that every SQFT is optimally utilized. The master bedroom can comfortably accommodate a king sized bed along with a dresser, night stands and work desk, while still having space leftover. The second room can easily fit a queen sized bed along with additional furnishings or, if desired, can be configured into a home office. Ample storage is provided by large double door closets in each bedroom, supplemented by two additional closets located within the unit.
Stepping outside & venturing into the neighborhood, you’re located just steps from Gantry State Park (1 block away), and from a host of grocery options, including: Food Cellar, Urban Market, Trader Joe's, Key Foods, and Target (less than 3/4th’s of a mile away). The vibrant neighborhood offers an array of fine dining restaurants on Vernon Boulevard (1 block away) and lively nightlife on Jackson Avenue (~3 blocks away). Commuting will be a breeze, easy access into the city via the 7 train (1/4th of a mile away) & bringing you into Grand Central Station in one stop (~4 minutes). Additional transportation is also offered via The East River Ferry in Gantry State Park as well as the E, G, M & 7 train lines via Court Square Station.
The Monarch is a boutique, full service condominium featuring only 21 units across 6 stories. Residents enjoy luxury amenities such as: full sized gym, common roof terrace with BBQ grills, private residents' lounge, garage parking, storage, virtual intercom, 24-hour super, & more! Enjoy the benefits of low monthly carrying costs, thanks to a 15-year 421A Tax Abatement.
This is a rare opportunity to own a unique home with exceptional space, views, and location.
Don't miss out —schedule your private showing today!

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Roof Deck Terrace

Appliances

Dryer Washer

Building Information

Stories 6
Structure None

Financial Details

Common Charges $1,023.77/mo
RE Taxes $8,119.92/yr ($677/mo)
Sale Price $1,600,000

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

Long Island City Live Market Data

View Neighborhood

Active Listings

150

Median Asking Price

$1.20M

Median $/Sqft

$1,528

Avg Days on Market

N/A

New This Week

11

Price Reduced

8%

Sold (30 Days)

9

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 3/24/26, 12:57 AM EST

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Location

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47-05 5th Street #PH-602, Long Island City, Queens County • Near 48th Avenue/47th Road

Floor Plans

Floor Plan
MLS® ID: RLS11006605
First Listed: 9/4/2024
On Market: 9/4/2024
Closed: 12/6/2024
Contract Date: 9/4/2024

Listing Courtesy of Nest Seekers LLC - Shawn Avazeh

Listing Contact: (516) 316-2623

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 3/24/2026 at 4:57 AM UTC

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