Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $955,000

Listed at $1,099,000 · Sold 13.1% below asking · Closed November 30, 2023

Closed For Sale Condop

$1,099,000

4-74 48th Avenue #39-K

Long Island City, Queens

MLS® #RLS10915523

RLS at REBNY

Listing by EXP Realty NYC

3

Bedrooms

4

Baths

N/A

Sq. Ft.

1997

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Year Built 1997
Ownership Condop
HOA/Common Charges $6,250.84/mo
Parking Garage
Neighborhood Long Island City
Floor 39 of 42

Property Highlights

  • Views: River
  • Exposure: North,South,West facing
  • Outdoor Space: Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 6
Baths 4 Full
Floor 39 of 42
View River
Exposure North,South,West
Cooling Other
Pets Yes
Cross Street Center Boulevard/5th Street
Year Built 1997
Parking Garage Available
Structure Type HighRise
Block/Lot 0018/0001

Listing History

Event Date Price Change
Listed Mar 24, 2023 $1,199,000 -
Currently May 29, 2026 $1,099,000 -8.3%

Description

Introducing a rare and unique opportunity to own a one-of-a-kind apartment! This spacious 3 bedroom, 3 1/2 bath unit is unlike any other. Unit 39 J and K were thoughtfully combined to create one extra-large apartment, providing a vast open space that is ready for you to customize to your liking.

One of the most impressive features of this apartment are the sweeping views of the Manhattan skyline and the East River. Imagine waking up to breathtaking views every morning, and enjoying a cup of coffee on your very own balcony while taking in the stunning scenery.

The apartment has been meticulously updated with a recent paint job and the original parquet floors have been sanded and polished to perfection. It is move-in ready, but the vast open space allows you to tailor the unit for endless possibilities and to customize the space to your own needs and preferences.

This is truly a rare opportunity to own a spacious, unique apartment with stunning views unparalleled in the city and endless potential. Don't miss your chance to make this apartment your own and to create your dream home.

Citylights, Long Island City’s First Luxury building, comes with an abundance of amenities which include, full time doorman, concierge, garage, tennis courts, roof deck, free fitness center that includes work-out classes and children’s playroom. In addition there is a sauna, bike room, and laundry room on site. Below the 522 unit building is retail space comprising of a Spa, dry-cleaner, elementary school and early learning center. Fantastic waterfront Gantry Plaza State Park is steps from the front door. Situated minutes from Manhattan by train or Ferry! This Coop requires application but No board interview required! Pets welcome! Subletting allowed after 1 year.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

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

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 42
Structure HighRise

Financial Details

Common Charges $6,250.84/mo
Original Price $1,199,000
Sale Price $955,000
Previous Price $1,199,000
Land Lease Yes

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

174

Median Asking Price

$1.20M

Median $/Sqft

$1,518

Avg Days on Market

N/A

New This Week

3

Price Reduced

24%

Sold (30 Days)

2

Median Sale Price

$976K

Live data from RLS at REBNY • Updated 5/29/26, 10:33 AM EST

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Location

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4-74 48th Avenue #39-K, Long Island City, Queens County • Near Center Boulevard/5th Street

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1996
Year Built
30 years old
42
Floors
522
Residential Units
M3-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $46,107,450
Land Value: $6,349,950
Exemptions: $46,107,450

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

Lot Area: 80,634 SF
Building Area: 724,475 SF
Built FAR: 8.98

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 $6,250.84 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1997, making it approximately 29 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS10915523
First Listed: 3/24/2023
On Market: 3/24/2023
Price Changed: 6/8/2023
Closed: 11/30/2023
Contract Date: 3/24/2023

Listing Courtesy of EXP Realty NYC - Shadaby Azam

Listing Contact: (888) 276-0630

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 5/29/2026 at 2:33 PM UTC

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