Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

Listed at $1,698,000 · Sold 5.8% below asking · Closed June 25, 2015

5-09 48th Avenue #7-E
Closed For Sale Condo

$1,698,000

$1,535 per sq ft

5-09 48th Avenue #7-E

Long Island City, Queens

MLS® #RLS10073636

RLS at REBNY

Listing by Nest Seekers International

2

Bedrooms

2

Baths

1,106

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,106 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,103/mo
Property Taxes $1,224/yr
Parking Garage
Neighborhood Long Island City
Floor 7 of 8

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 8
View City
Exposure North,South,West
Cooling Other
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2008
Living Area 1,106 sq ft
Parking Garage Available
Block/Lot 30/7501

Description

Simply spectacular!! This stunning corner, unique and massive 2 bed with 2 full baths at the luxurious 5SL lofts is a one-of-a-kind home. It boasts a master bedroom with 2 huge walk-in closets, a sprawling master bath with double sink and a private access to the grand outdoor terrace. The sun-drenched, gracious living room faces west where you can enjoy gorgeous Manhattan and water views. The open and very spacious kitchen is well equipped with high-end appliances, marble counter top and stainless steel fixtures. The second full bathroom comes with a soaking bathtub. Solid wood floors all through out. Large California Closet built-ins, an enclosed washer and dryer room with built-in shelves. The impeccable private terrace comes with a gas fireplace, barbeque grill, customized built-in corner seats, impressive perennial tress, beautiful planters and all-weather wood furniture.

This luxurious new condo building offers 24-hour doorman and concierge service, an impressive rooftop, an exquisite fitness center, bike storage and a large childrens' playroom. It's only 3 blocks to the 7 train line and steps away from all fine restaurants and shops on Vernon Boulevard and the Food Cellar whole foods.

Long Island City is one of the most sough-after New York neighborhoods, this exquisite town is pulsating with excitement and great energy. Parking is right next door.The Gantry State Park is only a few blocks away. Come be a part of this amazing growing community.

This is a great investment property-Very low monthly common charges and a tax abatement in place until 2022

http://www.olrdigital.com/olrmax/420310-6160
Amenities

A/C units
Corner Apartment
Dining Area
Dining Room
Dishwasher
Hardwood Floors

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Building Garden Building Roof Deck Terrace

Appliances

Dryer Washer

Building Information

Stories 8

Financial Details

Common Charges $1,103/mo
RE Taxes $1,224/yr ($102/mo)
Sale Price $1,600,000
Previous Price $1,699,000

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

156

Median Asking Price

$1.22M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

13

Price Reduced

10%

Sold (30 Days)

8

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 3/29/26, 1:41 AM EST

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Location

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5-09 48th Avenue #7-E, Long Island City, Queens County • Near Vernon Boulevard/5th Street

Floor Plans

Floor Plan
MLS® ID: RLS10073636
First Listed: 8/11/2014
Price Changed: 8/18/2014
Closed: 6/25/2015
Contract Date: 8/11/2014

Listing Courtesy of Nest Seekers International - Silvette Julian

Listing Contact: (917) 846-3942

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 3/29/2026 at 5:41 AM UTC

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