Milton Coste

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(917) 416-7433

SOLD FOR $1,425,000

Listed at $1,485,000 · Sold 4.0% below asking · Closed October 10, 2024

5-09 48th Avenue #3-R
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Closed For Sale Condo

$1,485,000

$1,359 per sq ft

5-09 48th Avenue #3-R

Long Island City, Queens

MLS® #RLS10970297

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,093

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,093 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,266.81/mo
Property Taxes $8,532/yr
Parking Garage
Neighborhood Long Island City
Floor 3 of 8

Property Highlights

  • Views: City
  • Exposure: North facing
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 3 of 8
View City
Exposure North
Cooling Other
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2008
Living Area 1,093 sq ft
Parking Garage Available
Architectural Style Loft
Block/Lot 30/7501

Description

Come experience the unparalleled lifestyle of 5th Street Loft – LIC’s premier condominium just steps from Gantry Park waterfront. Timeless elegance with an efficient layout, unit 3R is a stunning 1093 sq ft 2BR 2BA residence, with indoor parking space included.

The expansive living and dining area can adapt to a multitude of design configurations that invite ease of entertaining and true living comfort. The modern kitchen with dark wood cabinetry compliment with timeless white Caesarstone counter tops and glass backsplash, with an oversized kitchen breakfast bar. Equipped with top of line stainless steel fixtures and appliances including Liebher refrigerator, Bosch range, dishwasher and microwave. Unwind in the splendid master suite, with large bedroom that can easily fit a King size bed and more. Enormous fully built walk-in closet with custom shelving and luxurious en-suite featuring double vanities, honed-limestone countertops, and overhead ring shower. The second bedroom on the opposite wing of the apartment, offers great privacy with large built in closet. Additional features include Bosch washer/dryer, abundance closet spaces and gorgeous maple flooring throughout the stunning apartment. Sale price includes the indoor parking space.

Built by Toll Brothers City Living, the nation’s leading luxury home builder, The 5SL Condominium offers a 24-hour doorman, live-in super, private enclosed parking, fitness center, children’s playroom, bike storage, common rooftop garden, common yard and bocce court. Located right in the heart of the most desirable neighborhood in Long Island City, just one block to waterfront park.

This full-service luxury residence is surrounded by popular restaurants cafes, all commercial services and is just around the corner to Duane Reade, Food Cellar supermarket, the local hardware shop, and quaint boutiques. Only a short walk away are several forms of transportation the LIRR, the 7 train direct to Grand Central -Manhattan, the G, E, and M, train and the East River Ferry all that will take you to any destination in and out of the borough.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Storage Building Courtyard Building Garden Building Roof Deck

Building Information

Stories 8
Style Loft

Financial Details

Common Charges $1,266.81/mo
RE Taxes $8,532/yr ($711/mo)
Sale Price $1,425,000

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, 2:34 AM EST

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Location

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5-09 48th Avenue #3-R, Long Island City, Queens County • Near Vernon Boulevard/5th Street

Floor Plans

Floor Plan
MLS® ID: RLS10970297
First Listed: 5/13/2024
On Market: 5/13/2024
Closed: 10/10/2024
Contract Date: 5/13/2024

Listing Courtesy of Modern Spaces - Cheong Wai Lee

Listing Contact: (718) 784-1110

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 6:34 AM UTC

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