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Off market
  • $1,430,800

    5-09 48th Ave #4P, Long Island City, NY 11101

    2beds
    1,087sqft
    Condo
    Built in 2008
    -- sqft lot
    $1,430,800 Zestimate®
    $1,316/sqft
    $6,514 Estimated rent

    Home value

    $1,430,800

    $1.30M - $1.57M

    $6,514/mo

    Zestimate® history
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    What's special

    2BR Luxury Condo for Sale! This 2BR/2BA luxury unit is available for purchase in one of the best-located, high-end condominium buildings in all of Long Island City, Fifth Street Lofts! This nearly 1100 sq.ft. apartment boasts a fantastic layout and no wasted space. The unit comes with high-quality finishes, including a state-of-the-art gourmet kitchen with Caesar stone countertops; glass tile backsplash; Liebherr refrigerator; Bosch range, dishwasher, microwave; dark wood cabinetry; garbage disposal; and Kohler fixtures. Upgrades from the owner include a custom-made storage space in the kitchen, making it not only high-end but extremely functional. The master bedroom is large enough for a king-size bed and includes a walk-in closet, as well as an en-suite master bathroom with Limestone double sink vanity and over-sized shower. Bosch washer/dryer included. Owner also installed a custom-built media/storage unit in the living room, adding even more storage to the excellent closet space throughout the apartment. Parking spot available separately for $90,000. 5SL features a 24-hour concierge, fitness center, playroom, rooftop terrace, common courtyard, and building garage. The building is just a block from the East River and the magical waterfront park, where there are playgrounds, green open spaces, the new Hunters Point library, and two ferry stops that take passengers from Queens to Brooklyn and Manhattan. It is also located just two blocks from the 7 train, which is one subway stop to Grand Central and Midtown Manhattan. 421-a tax abatement is in place until June 30th, 2024. Reach out to schedule a showing today!

    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: Dryer, Washer
    Interior area
    • Total interior livable area: 1,087 sqft

    Property

    Lot
    • Size: 1.21 Acres
    Details
    • Parcel number: 000301062

    Construction

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

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $1,018 monthly
    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $1,316/sqft
    • Tax assessed value: $180,039

    Price history

    DateEventPrice
    8/23/2016Sold$1,330,000+6.4%$1,224/sqft
    Source: Public Record Report a problem
    5/13/2016Pending sale$1,250,000$1,150/sqft
    Source: Douglas Elliman #2328471 Report a problem
    3/28/2016Price change$1,250,000-3.8%$1,150/sqft
    Source: Douglas Elliman #2328471 Report a problem
    1/27/2016Listed for sale$1,299,000+55.8%$1,195/sqft
    Source: Douglas Elliman Report a problem
    1/12/2016Listing removed$4,500$4/sqft
    Source: Robert Santoro, LREB Report a problem
    11/19/2015Listed for rent$4,500$4/sqft
    Source: Robert Santoro, LREB Report a problem
    9/4/2008Sold$833,990$767/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $81,017 +3.8%
    2024-- $78,035 +6.4%
    2023-- $73,316 +14.5%
    2022-- $64,057 +8.9%
    2021-- $58,809 -12.5%
    2020$2,295 +146.5%$67,242 +1.7%
    2019$931 -86.2%$66,121 +23.7%
    2018$6,740 +7.6%$53,444 +8.6%
    2017$6,262 +550.6%$49,230 +3.2%
    2016$963 $47,726 -2.6%
    2015$963 +28%$48,987 -3.4%
    2014$752 $50,734 -8.5%
    2013-- $55,417 -12.9%
    2012-- $63,643 +9.1%
    2011-- $58,313 +6.8%
    2010-- $54,591 -19%
    2009-- $67,411
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating