Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-43 48th Avenue #3-C
Interested in this property?
Active For Sale Condo

$1,350,000

$1,338 per sq ft

5-43 48th Avenue #3-C

Long Island City, Queens

MLS® #RLS20091443

RLS at REBNY

Listing by Nest Seekers LLC

2

Bedrooms

2

Baths

1,009

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,009 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $779/mo
Property Taxes $3,192/yr
Parking Garage
Neighborhood Long Island City
Floor 3 of 8

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 8
Exposure North
Heating Electric
Cooling Wall Units
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2009
Living Area 1,009 sq ft
Parking Garage Available
Structure Type None
Block/Lot 0030/7502

Listing History

Event Date Price Change
Listed May 14, 2026 $1,350,000 -
Currently May 15, 2026 $1,350,000 -

Description

Luxuriously Renovated Split 2BR/2BA with Private Balcony at The Solarium in the heart of LIC with rare tax abatement! A beautifully upgraded split 2-bedroom, 2-bathroom residence at The Solarium featuring refined finishes, exceptional light, and an 88 sq ft private balcony. The living area offers floor-to-ceiling windows with open sky views and bamboo flooring. The U-shaped kitchen features walnut and white cabinetry, Caesarstone countertops, built-in garbage storage, and Whirlpool Gold Series appliances including an induction cooktop, double-door refrigerator, dishwasher, and built-in garbage disposal. In-unit LG washer/dryer included. The primary suite includes a fully customized closet with glass cabinetry, pull-out rods, jewelry inserts, and soft-close drawers, paired with a remodeled and upgraded ensuite primary bathroom featuring Italian Carrara marble double vanities, oversized rainfall walk-in shower, and linen closet. The second bedroom fits a queen bed and desk — ideal as a guest room or home office — with a custom closet and an upgraded bath featuring a Restoration Hardware vanity, Caesarstone countertop, and walk-in shower. Building amenities include a fitness room, children's playroom, and a double-level rooftop terrace. Butterfly MX smart virtual doorman system. Two blocks to the 7 train — one stop to Grand Central. Easy access to the Queens-Midtown Tunnel, Queensboro Bridge, and major bus routes. Deeded storage unit included in the sale of Residence 3C.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $779/mo
RE Taxes $3,192/yr ($266/mo)

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

Long Island City Live Market Data

View Neighborhood

Active Listings

173

Median Asking Price

$1.20M

Median $/Sqft

$1,517

Avg Days on Market

N/A

New This Week

10

Price Reduced

19%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 2:23 PM EST

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Location

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5-43 48th Avenue #3-C, Long Island City, Queens County • Near Vernon Boulevard/5th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
8
Floors
35
Residential Units
M1-4/R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,331,325
Land Value: $229,488
Exemptions: $297,449

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 15,000 SF
Building Area: 47,885 SF
Built FAR: 3.19
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $779 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,192, or roughly $266 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,009 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2009, making it approximately 17 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,350,000 for 1,009 sq ft, the asking price per square foot is approximately $1,338. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20091443
First Listed: 5/14/2026
On Market: 5/14/2026
Price Changed: 5/14/2026
Contract Date: 7/1/2021

Listing Courtesy of Nest Seekers LLC - Michael Bethoney

Listing Contact: (212) 252-8772

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 5/15/2026 at 6:23 PM UTC

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