Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,190,000

Listed at $1,188,888 · Sold 0.1% above asking · Closed January 6, 2021

48-21 5th Street #2K
Looking for something similar?
Closed For Sale Condo

$1,188,888

$1,047 per sq ft

48-21 5th Street #2K

Long Island City, Queens

GANTRY

MLS® #RLS10651375

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,135

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,135 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $974/mo
Property Taxes $3,588/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: West facing
  • Outdoor Space: Building Terrace
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Exposure West
Cooling Wall Units
Pets Yes
Cross Street 48th Avenue & 49th Avenue
Year Built 2007
Living Area 1,135 sq ft
Parking Garage Available

Description

This is the condo you have been waiting for! Hands down the best 2 bedroom, 2 bathroom deal in all of LIC with optional parking. This stunning and newly-renovated 1,135 SF home is located just one block from the East River promenade. The remodeled kitchen features gorgeous fixtures, granite countertops/backsplash and all new appliances: Bosch dishwasher and oven, LG microwave, Kenmore Elite refrigerator, deep Kohler sink with Delta touch technology plus Insinkerator garbage disposal. Both bedrooms are spacious in size. The master bedroom comfortably fits a king size bed and has a separate dressing area with abundant closet space. The 2 full bathrooms have also been renovated. The master bathroom features a marble tiled shower with bench and there are new floors, tiles, fixtures, vanities, sinks and recessed medicine cabinets in both bathrooms. Additional features include brand-new Nest Smart PTAC units and custom Hunter Douglas blinds in every room. This residence has been owner occupied since construction and meticulously maintained. *421-A tax abatement through July 1, 2024. Separately-deeded parking space is available for additional $100,000. The Gantry is Long Island City's premiere boutique condominium in prime Hunter's Point location. The 47-unit elevator building offers on-site parking, gym, residents' lounge and furnished roof deck with gas grill, full-time live-in Superintendent, building porter and 24-hour door coverage (part-time door staff + virtual doorman). This property is within close proximity to the 7, G, E and M trains as well as two East River ferry lines. The neighborhood boasts 2 Michelin-star restaurants, an abundance of dining and recreational options, parks, Hunters Point Library, MOMA PS1, the Noguchi museum and other cultural interests all within a short distance of the Gantry. Showings by appointment only.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace

Appliances

Dryer Washer

Building Information

Building GANTRY
Total Units 47
Stories 5

Financial Details

Common Charges $974/mo
RE Taxes $3,588/yr ($299/mo)
Original Price $1,375,000
Sale Price $1,190,000

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

153

Median Asking Price

$1.20M

Median $/Sqft

$1,527

Avg Days on Market

N/A

New This Week

12

Price Reduced

9%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 3/26/26, 11:20 AM EST

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Location

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48-21 5th Street #2K, Long Island City, Queens County • Near 48th Avenue & 49th Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10651375
First Listed: 7/24/2020
Closed: 1/6/2021
Contract Date: 7/24/2020

Listing Courtesy of The Corcoran Group - Rick Kelly

Listing Contact: (917) 204-6577

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 3/26/2026 at 3:20 PM UTC

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