Milton Coste

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(917) 416-7433

SOLD FOR $1,199,000

· Closed January 3, 2019

48-21 5th Street #3M
Closed For Sale Condo

$1,199,000

$1,123 per sq ft

48-21 5th Street #3M

Long Island City, Queens

GANTRY

MLS® #RLS10424403

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,068

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,068 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $1,049.66/mo
Property Taxes $1,377.96/yr
Parking Garage
Neighborhood Long Island City
Floor 3 of 5

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Building Terrace, Rooftop
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 5
Exposure East
Pets Yes
Cross Street 48th Avenue & 49th Avenue
Year Built 2007
Living Area 1,068 sq ft
Parking Garage Available

Description

Welcome home to this beautiful, bright and quiet corner 2 bedroom/2 bathroom unit in The Gantry condominium. 3M is an east-facing home with lofty 9'3" ceilings, oversized windows, hardwood floors, open chef's kitchen with stainless steel appliances, stone countertops, and in-unit Miele washer/dryer. The large master bedroom offers ample closet space, double exposures from north and east-facing windows and an ensuite bathroom with a deep soaking tub. The second bedroom allows for a queen bed, bunk beds, or a great home office. The equally spacious second bathroom has a deep tub and ceramic tiling. Included with the purchase of this home is a south-facing, keyed access rooftop cabana. The gracious cabana is the perfect spot for a quiet evening or a rooftop gathering offering neighborhood views with the Empire State building in the distance. The Cabana features a gas line, running water and electric. There is also the option to purchase a separately deeded onsite parking spot. The Gantry is one of the premier boutique condominiums in Long Island City with its industrial chic aesthetic. The 47-unit elevator building offers a parking garage, recently renovated lobby, gym and corridors, resident's lounge and furnished roof deck with gas grill. With a full-time live-in Superintendent, part-time door staff, porter and excellent financials, this building offers a comfortable lifestyle and smart investment opportunity in the heart of everything. This property is within close proximity to the 7, G, E and M subway lines (one quick subway stop to Manhattan), as well as the East-River ferry landing, and the world-class riverfront promenade. The neighborhood boasts 2-Michelin-star restaurants and an abundance of dining and recreational options such as coffee bars, wine bars, shopping, health food stores, spas, yoga and fitness studios. MOMA PS1, the Noguchi Museum, and other cultural attractions are within a short distance to the Gantry's prime location.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace Rooftop

Building Information

Building GANTRY
Total Units 47
Stories 5

Financial Details

Common Charges $1,049.66/mo
RE Taxes $1,377.96/yr ($115/mo)
Original Price $1,295,000
Sale Price $1,199,000
Previous Price $1,250,000

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

155

Median Asking Price

$1.21M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

12

Price Reduced

10%

Sold (30 Days)

11

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 3/27/26, 4:15 PM EST

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Location

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48-21 5th Street #3M, Long Island City, Queens County • Near 48th Avenue & 49th Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10424403
First Listed: 4/19/2018
Price Changed: 5/22/2018
Closed: 1/3/2019
Contract Date: 4/19/2018

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.

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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 3/27/2026 at 8:15 PM UTC

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