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  • $1,550,300

    5-09 48th Ave #2P, Long Island City, NY 11101

    2beds
    1,086sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,550,300 Zestimate®
    $1,428/sqft
    $6,519 Estimated rent

    Home value

    $1,550,300

    $1.44M - $1.66M

    $6,519/mo

    Zestimate® history
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    $10,797/mo

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    What's special

    Welcome to Residence 2P at 5th Street Lofts, the premiere LIC condo located on the corner of 5th Street & 48th Ave, just one block to the Long Island City Waterfront. This nearly 1100 sqft spacious, beautifully maintained split 2 Bedroom, 2 Bath home has a one-of-a-kind 650+ SQFT PRIVATE YARD all on the same level! Floor-to-ceiling windows offer abundant natural light throughout the day in each room of the home. The spacious open kitchen has a high-end stainless steel appliance package, caesar-stone countertops, Kohler fixtures with kitchen sink garbage disposal and ample storage. The main bedroom is X-Large & offers a massive walk-in closet and a generous en-suite bathroom with double vanity. The secondary bedroom is nearly as large as the main bedroom and has its own full-length closet. A split bedroom layout offers the utmost privacy. Enjoy a relaxing and truly seamless indoor/outdoor living experience with your very own 650+ private yard off of the living/dining area. Your very own fenced yard for private gatherings, entertainment, BBQs or sun-bathing without having to leave your apartment! Yard is equipped with Large waterproof storage sheds for extra storage and its own sprinkler system in case you prefer a lush manicured lawn. A private deeded parking space is also available for additional 100K. 5SL Condominium features a 24-hour concierge, newly renovated fitness center, playroom, rooftop terrace, common courtyard, bike storage & Resident Manager. This pet-friendly building is conveniently located on a residential block in the prime Hunters Point waterfront neighborhood, only one short block from the new LIC Landing park promenade, East River Ferry, children's playgrounds, dog parks, restaurants and bars. The Vernon/Jackson stop of the 7 train is also one block away making a commute getting to Manhattan a breeze. 421-a tax abatement is in place until June 30th, 2024. *Some photos virtually staged

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 1,086 sqft

    Property

    Lot
    • Size: 1.21 Acres
    Details
    • Parcel number: 000301030

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2008

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $1,202 monthly
    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $1,428/sqft
    • Tax assessed value: $206,163

    Price history

    DateEventPrice
    7/28/2022Sold$1,499,000+9%$1,380/sqft
    Source: Public Record Report a problem
    7/29/2015Sold$1,375,000+53.3%$1,266/sqft
    Source: Public Record Report a problem
    2/19/2009Sold$897,068$826/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $92,774 +3.8%
    2024-- $89,359 +6.4%
    2023-- $83,955 +14.5%
    2022-- $73,353 +8.9%
    2021-- $67,343 -12.5%
    2020$2,628 +146.5%$76,999 +1.7%
    2019$1,066 -86.2%$75,715 +23.7%
    2018$7,718 +7.6%$61,196 +8.6%
    2017$7,170 +550.5%$56,371 +3.1%
    2016$1,102 $54,651 -2.6%
    2015$1,102 +28.1%$56,097 -3.4%
    2014$860 $58,098 -8.5%
    2013-- $63,461 -12.9%
    2012-- $72,877 +9.1%
    2011-- $66,774 +6.8%
    2010-- $62,512 -19%
    2009-- $77,193
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating