Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
10-47 47TH Avenue

For Sale · Listing by ALTA Real Estate

10-47 47TH Avenue

Hunters Point, Queens

$2,000,000

Interested in this property?
Active For Sale Multi Family

$2,000,000

$444 per sq ft

10-47 47TH Avenue

Hunters Point, Queens

MLS® #RLS20107016

RLS at REBNY

Listing by ALTA Real Estate

6
Bedrooms
6
Baths
4,500
Sq. Ft.
1931
Year Built

Quick Summary

Bedrooms 6
Bathrooms 6
Living Area 4,500 sq ft
Lot Size 2,500 sq ft
Year Built 1931
Ownership None
Property Taxes $14,196/yr
Neighborhood Hunters Point
Floor 1 of 3

Property Highlights

  • Views: Other
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Ownership None
Total Rooms 24
Baths 6 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1931
Living Area 4,500 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,500 sq ft
Block/Lot 00047/0019

Listing History

Event Date Price Change
Listed Aug 3, 2026 $2,000,000 -
Currently Aug 3, 2026 $2,000,000 -

Description

First time on the market in three generations. Own a piece of Long Island City history on one of the neighborhood's most coveted and storied blocks, just off Vernon Boulevard. This 4,500 sq ft, 6-unit investment property has been well maintained for over 60 years and offers up-to-date inspections and compliance with all local and state requirements. Built 25' 60' on a 25' 100' lot, the property offers the ideal blend of a quiet residential setting and a prime location. Constructed in 1931, the three-story apartment building features a clean, walkable basement, a spacious landscaped backyard, and recent upgrades including a new roof and boiler. The six apartments are all legal one-bedroom, one-bath residences, currently configured as railroad-style two-bedroom layouts. The property is rent stabilized and will be delivered fully occupied. Zoned M1-4/R6B within the Long Island City Mixed Use District, the property has an FAR of 2.0 and approximately 500 square feet of unused air rights. Rent roll and expense information available upon request.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

None

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 6
Stories 3
Structure Townhouse

Financial Details

RE Taxes $14,196/yr ($1,183/mo)

Hunters Point lines the Queens waterfront with modern glass-tower condominiums, converted warehouse lofts, and mid-rise rental buildings overlooking the East River. The 7 train at Hunters Point Avenue connects to Midtown Manhattan, and the LIRR station at Hunterspoint Avenue adds a second commuter option. Gantry Plaza State Park anchors the neighborhood with restored industrial piers, public lawns, and direct Manhattan skyline views.

Hunters Point Live Market Data

View Neighborhood

Active Listings

16

Median Asking Price

$1.60M

Median $/Sqft

$1,452

Avg Days on Market

N/A

New This Week

2

Price Reduced

25%

Sold (30 Days)

1

Median Sale Price

$965K

Live data from RLS at REBNY • Updated 8/3/26, 11:56 AM EST

Recently Sold in Hunters Point

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Location

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10-47 47TH Avenue, Hunters Point, Queens County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
6
Residential Units
M1-4/R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $683,100
Land Value: $6,300
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 4,500 SF
Built FAR: 1.8
Allowed FAR: 2

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 annual property tax is $14,196, or roughly $1,183 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 6 full bathrooms.

The listed interior living area is 4,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,000,000 for 4,500 sq ft, the asking price per square foot is approximately $444. 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: RLS20107016
First Listed: 8/3/2026
On Market: 8/3/2026
Price Changed: 8/3/2026
Contract Date: 8/3/2026

Listing Courtesy of ALTA Real Estate - Rick O Kelly

Listing Contact: (917) 204-6577

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 8/3/2026 at 3:56 PM UTC

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Hunters Point Market Update

1 sale last 30 days · $1.60M median · 16 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Hunters Point Borough Queens
County Queens
Floor 1 of 3
Year Built 1931
First Listed 8/3/2026
Living Area 4,500 sqft
Annual Tax $14,196

Monthly Costs Estimate

Down Payment 20%

$400,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,183
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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