Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $930,000

· Sold at asking price · Closed August 14, 2023

SOLD: 5-09 48TH Avenue #5E
SOLD $930,000
Sold Condo

$930,000

$1,317 per sq ft

5-09 48TH Avenue #5E

Hunters Point, Queens

5TH STREET LOFTS (5

MLS® #RLS10878418

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

706

Sq. Ft.

2008

Year Built

Sale Details

Sale Price $930,000
Original List Price $930,000
First Listed At $935,000
Close Date August 14, 2023
vs. Asking Sold at asking price

Property Summary

Bedrooms 1
Bathrooms 1
Living Area 706 sq ft
Year Built 2008
Ownership Condo
Common Charges $732/mo
Property Taxes $3,312/yr
Neighborhood Hunters Point
Floor 5 of 8

Description

This pristine 1-Bedroom, 1-Bath home is a brand-new listing, fresh to the market, with oversized wall-to-wall windows offering southern exposure and the best light of both morning and evening. This home features an outstretched living area, high quality finishes, light oak wide paneled hardwood floors, a Bosch washer & dryer, and an open kitchen to entertain. The large, paneled windows provide an openness with a slight industrial feel, while the designer colors tie the space together. A gourmet kitchen is equipped with quality Bosch stainless steel appliances, an in-sink garbage disposal, Caesarstone counter tops with under-mount sinks and lighting, glass tile back splashes, dark wood All Milmo cabinetry, and Liebherr refrigerators. A breakfast eating bar and island separate the kitchen from the living space. The bathroom features a large slab porcelain tile floor, Kohler fixtures, an over-sized shower, and a limestone countertop sink vanity. The luxury development of 5th Street Lofts - which is also known simply as "5SL" - has a striking exterior appearance and was built by Toll Brothers City Living in 2007. 5SL is an 8-story, 121-unit energy-efficient building made of sustainable materials that will not require much upkeep and will stand for a long time. Residents are provided with an amenity package consisting of 24hr concierge, high-end fitness center, landscaped common roof terrace & common gardens, children's playroom, cold storage for groceries, bicycle storage, private storage, live-in super, and on-site covered parking. Located in the prime waterfront neighborhood Hunters Point of Long Island City (LIC). Only 1 subway stop away from Grand Central in Manhattan. LIC is known for its museums, galleries, restaurants, and most notably beautiful waterfront parks with panoramic views of the Manhattan skyline. Everything you need is within walking distance, the waterfront promenade and Gantry Plaza State Park, dog parks, basketball courts, Queens West sports field, Trader Joes, Food Cellar Market, Duane Reade, Dunkin Donuts, restaurants, cafes, retail, and much more. Temporary capital assessment of $308.12/month for 24 months to fund the work for Local Law 11, a NYC law that requires all buildings over 6 stories to have their fa ade inspected by an engineer every 5 years.

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Year Built 2008
Living Area 706 sq ft

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RLS at REBNY

Listing courtesy of Christopher Austad at Douglas Elliman Real Estate. 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. This 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.

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