Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 11/25/2025 for $272,500

10-22 47th Avenue
Closed For Sale Multi Family

$2,850,000

$847 per sq ft

10-22 47th Avenue

Long Island City, Queens

MLS® #RLS20008960

RLS at REBNY

Listing by Modern Spaces

3

Bedrooms

3

Baths

3,365

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 3,365 sq ft
Lot Size 2,500 sq ft
Year Built 1901
Ownership None
Property Taxes $7,406/yr
Neighborhood Long Island City

Property Highlights

  • Outdoor Space: Patio
  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 3 Full
Pets Yes
Cross Street Vernon Boulevard/11th Street
Year Built 1901
Living Area 3,365 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 2,500 sq ft
Block/Lot 0046/0042

Description

METICULOUSLY GUT-RENOVATED TWO-FAMILY HOME WITH PRIVATE OUTDOOR SPACE & DRIVEWAY – PRIME LONG ISLAND CITY

25’ Wide | Two-Family | Private Front Yard & Driveway | One Stop to Manhattan

Located in the heart of Hunters Point, Long Island City’s most sought-after waterfront neighborhood, this exceptional meticulously gut-renovated two-family home offers a rare blend of modern luxury, tranquility, and prime location. Situated on a 25’ x 100’ lot, this stunning residence boasts 2,250 square feet of thoughtfully designed living space, a beautifully landscaped front yard with an outdoor kitchen, and a gravel driveway for two cars. With 2,750 square feet of unused FAR, there is also significant potential for expansion.

Perfect for an investor, an owner-occupant looking for rental income, or someone seeking to convert it into a spacious single-family home, this property presents an incredible opportunity.

A COMPLETE TRANSFORMATION – INSIDE & OUT
No detail was overlooked in the meticulous gut renovation of this home, which now features:
- New electrical, plumbing, and mechanical systems
- New siding and exterior finishes for enhanced durability and curb appeal
- New beautifully paved bluestone patios and pathways, offering a serene outdoor retreat
- New professionally landscaped front yard, designed to create a tranquil, garden-like atmosphere
- New outdoor kitchen, complete with a built-in BBQ grill (with it’s very own gas line) and refrigerator—perfect for entertaining
- New gravel driveway, accommodating two cars in tandem
- New exterior lighting, highlighting the home’s stunning outdoor space while providing added security
- New fenced-in front yard, offering privacy while enhancing the home’s inviting charm
- New energy-efficient windows and doors
- New chef’s kitchens featuring marble countertops and top-of-the-line stainless steel appliances
- New spa-like bathrooms with high-end finishes
- New central air conditioning and heating systems
- New hardwood flooring throughout
- New intercom and security alarm system

A BEAUTIFULLY DESIGNED OUTDOOR ESCAPE

The home’s exterior has been meticulously redesigned to provide a peaceful, private oasis in the heart of Long Island City. Lush landscaping, elegant bluestone patios, and a gated front yard with an outdoor kitchen create an inviting retreat perfect for relaxation and entertaining. Thoughtfully placed exterior lighting enhances the space, making it just as beautiful at night as it is during the day.

UNBEATABLE LOCATION – THE BEST OF LIC AT YOUR DOORSTEP

This home is situated in prime Hunters Point, just two blocks from the LIC waterfront, offering stunning Manhattan skyline views, lush parks, and waterfront promenades. Located right off Vernon Boulevard, you’ll find some of the city’s best restaurants, cafés, and bars within steps, including Casa Enrique, Blend on the Water, and Sweetleaf Coffee.
For commuters, the location is unbeatable. The 7/E/M/G subway lines are a short walk away, providing a quick one-stop ride to Midtown Manhattan. The East River Ferry is also nearby, offering a scenic alternative.

EXPANSION OPPORTUNITY & ADDITIONAL LOT AVAILABLE

With 2,750 square feet of unused FAR, there is potential to expand the property further. Additionally, 10-20 47th Ave is also available for sale next door—offering the opportunity to combine both lots into a 43’ x 100’ parcel for even greater development possibilities.

Showings by private appointment only. Contact us today for a private tour and additional details.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Under60 Sqft Patio

Building Information

Stories 2
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $7,406/yr ($617/mo)
Original Price $2,950,000
Sale Price $272,500
Previous Price $2,950,000

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

126

Median Asking Price

$1.20M

Median $/Sqft

$1,535

Avg Days on Market

N/A

New This Week

8

Price Reduced

12%

Sold (30 Days)

9

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 2/28/26, 10:35 PM EST

Similar Listings in Long Island City

View All

Location

Loading map...

10-22 47th Avenue, Long Island City, Queens County • Near Vernon Boulevard/11th Street

MLS® ID: RLS20008960
First Listed: 3/13/2025
On Market: 3/12/2025
Price Changed: 5/1/2025
Closed: 11/25/2025
Contract Date: 3/12/2025

Listing Courtesy of Modern Spaces - Alexander Pereira

Listing Contact: (646) 512-1300

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/1/2026 at 3:35 AM UTC

Buying Multi-Family? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article
Call WhatsApp
Call Milton WhatsApp