Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $640,000

Listed at $650,000 · Sold 1.5% below asking · Closed August 28, 2015

5-09 48th Avenue #8-G
Closed For Sale Condo

$650,000

$1,267 per sq ft

5-09 48th Avenue #8-G

Long Island City, Queens

MLS® #RLS10903374

RLS at REBNY

Listing by Modern Spaces, LLC

Studio

1

Bath

513

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 513 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $473/mo
Property Taxes $564/yr
Parking Garage
Neighborhood Long Island City
Floor 8 of 8

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 8 of 8
Exposure North
Pets Yes
Cross Street Vernon Boulevard/5th Street
Year Built 2008
Living Area 513 sq ft
Parking Garage Available
Block/Lot 30/7501

Description

Luxury living at 5th Street Lofts located in the heart of LIC - NEW TO MARKET this rare find penthouse studio with a 230 Sq Ft private terrace up on your own staircase. This charming unit offers plenty storage place including 2 large closets and a walk in closet. Maple hardwood flooring and Bosch washer/dryer in the unit. Great for investment.

The luxury state of the art gourmet kitchen comes with Caesar stone counter tops and an over-sized kitchen island / breakfast bar, Glass tile back splash, Dark wood cabinetry, Liebherr refrigerator, freezer with ice maker, Bosch ranges, microwave and dishwasher, garbage disposal and Kohler fixtures.

5SL is a full service condo built by Toll Brothers, the nations leading luxury home builder. Building features 24-hour concierge, a fitness center, common rooftop terrace & common garden, children?s playroom, refrigerated storage in lobby, bicycle storage, live-in super and pet friendly. Low common charge and 15 year 421-A tax abatement in place.

Long Island City is a high demand destination neighborhood and this lofts building located right in the heart of this most desirable neighborhood, surrounded by Bistro, Restaurants, cafes, retail, steps to Duane Reade, Food Cellar supermarket, boutiques, the waterfront promenade and Gantry Plaza State Park, children?s playground, dog runs, sports field and more. Walks to subway 7 Train Vernon Blvd, 1 stop with just 5 minutes to Grand Central Manhattan.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Building Garden Building Roof Deck Terrace Rooftop

Appliances

Dryer Washer

Building Information

Stories 8

Financial Details

Common Charges $473/mo
RE Taxes $564/yr ($47/mo)
Sale Price $640,000
Previous Price $640,000

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, 12:00 AM EST

Similar Listings in Long Island City

View All

Location

Loading map...

5-09 48th Avenue #8-G, Long Island City, Queens County • Near Vernon Boulevard/5th Street

MLS® ID: RLS10903374
First Listed: 9/28/2013
Price Changed: 11/5/2014
Closed: 8/28/2015
Contract Date: 11/5/2014

Listing Courtesy of Modern Spaces, LLC - Helen Lee

Listing Contact: (917) 855-0462

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 4:00 AM UTC

Buying a Condo? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton