Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 12/11/2020 for $770,000

47 5TH Street #501
Closed For Sale Condo

$770,000

$1,098 per sq ft

47 5TH Street #501

Queens (Other), Queens

The Monarch

MLS® #RLS10659319

RLS at REBNY

Listing by Modern Spaces

1

Bedroom

1

Bath

701

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 701 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $516/mo
Property Taxes $936/yr
Parking Garage
Neighborhood Queens (Other)
Floor 501 of 6

Property Highlights

  • Exposure: West facing
  • Parking: Private garage
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 501 of 6
Exposure West
Pets Yes
Cross Street 48th Avenue and 47th Road
Year Built 2017 (New)
Living Area 701 sq ft
Parking Garage Available

Description

Steps to the waterfront with one of the lowest monthly carrying costs!Come check out #501 at the Monarch Condominium in the heart of Hunters Point, LIC.The clean lines of the home begin the moment you step in to the wide entryway. The living area is complemented by large, noise abated windows with custom blinds and modern pre-engineered wide oak floors. The XL bedroom offers tons of light and a large closet space. The kitchen boasts new Bosch stainless steel appliances along with a glass mosaic backsplash and quartz countertops.The XL bathroom has a partial glass enclosure and is lined with porcelain subway tiles with soft, neutral white and grey tones. There is a stackable washer and dryer in the unit for everyday convenience with lots of extra room.A fully equipped fitness center, lounge area, revamped decked courtyard, virtual doorman, and bike storage are offered to owners.This boutique condominium building is at the heart of it all- steps to the beautiful waterfront Gantry State Park, FoodCellar, shops/ restaurants and schools. The 7 train is 2 minutes away and Manhattan and Brooklyn can also be accessed via the East Ferry service. The Monarch has a 421a tax abatement expiring in 2027.

Features & Amenities

Appliances

Dryer Washer

Building Information

Building The Monarch
Total Units 21
Stories 6

Financial Details

Common Charges $516/mo
RE Taxes $936/yr ($78/mo)
Original Price $799,000
Sale Price $770,000

Queens (Other) offers a balanced residential setting with a focus on multifaceted living and accessibility. The neighborhood is defined by its balanced commercial corridors and a diverse array of housing, including garden apartments and modern high-rise condominiums.

Queens (Other) Live Market Data

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Live data from RLS at REBNY • Updated 2/21/26, 7:36 PM EST

Recently Sold in Queens (Other)

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Location

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47 5TH Street #501, Queens (Other), Queens County • Near 48th Avenue and 47th Road

MLS® ID: RLS10659319
First Listed: 8/17/2020
Price Changed: 2/5/2021
Closed: 12/11/2020
Contract Date: 8/18/2020

Listing Courtesy of Modern Spaces - Michael Molina

Listing Contact: (917) 547-0377

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 2/22/2026 at 12:36 AM UTC

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