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Off market
  • $1,553,300

    5-09 48th Ave #8E, Long Island City, NY 11101

    2beds
    2baths
    1,102sqft
    MultiFamily
    Built in 2007
    -- sqft lot
    $1,553,300 Zestimate®
    $1,410/sqft
    $4,258 Estimated rent

    Home value

    $1,553,300

    $1.35M - $1.79M

    $4,258/mo

    Zestimate® history
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    $4,258/mo

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    Rent Zestimate®

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    $9,477/mo

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    $9,477/mo

    Est. payment

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    What's special

    AMAZING PRICE REDUCTION for STELLAR VIEWS and PRIVATE ROOF TERRACE... with INTERIOR STAIRWAY ACCESS in this RARE CORNER GLASSED-IN 2-BED/ 2-BATH PENTHOUSE For a Virtual Walkthrough Including Up to the Rooftop Patio - click on 'Tour' above.... See the spectacular sights of the Midtown skyline with the Empire State Bldg. and water views through the stunning floor-to-ceiling windows that span throughout the living/dining and chef's kitchen area of this southwestern exposed 1102 SF open layout. And for more open vistas, this unique home has its own stairway leading to its own grand and private rooftop terrace that excels even further with its overwhelming views! Truly a one-of-a-kind condo home not to be overlooked... The open and efficiently designed kitchen is well equipped with high-end appliances, rich walnut cabinetry complemented with a soft aqua glass backsplash, and a beautiful marble countertop with an inlaid sink while still large enough to provide casual bar seating. Wall extended TV unit with full sound system provided in the living room as well as a compact screen in the master bedroom - as an added provision to this rental. Boasting a master bedroom with 2 sizeable walk-in closets, the sprawling master ensuite features double sinks and a fully glassed-in shower stall while the second full bathroom comes with a deep soaking tub. Solid wood floors throughout. Comfort and practicality are also provided through the California Closet built-in closets and the in-unit enclosed washer and dryer room with built-in shelves. Enjoy the gorgeous Manhattan and water views from the outstanding private upper rooftop terrace as it comes with a barbeque grill, customized built-in corner seating, and all-weather wood furniture. The luxurious 5SL Condominium offers a 24-hour doorman and concierge service, an impressive common rooftop area, a highly functional fitness center, bike storage, and a large children's playroom. So perfectly nestled between Gantry park with the waterfront recreational areas & walkways and Vernon Blvd. with all their quaint shops, charming restaurants, and all commercial services. Also just mere blocks from the Food Cellar whole food market, Duane Reade, and a local hardware store. Extremely close proximity to the Vernon-Jackson 7 train with its one-stop to Grand Central, the 5 Street Lofts is one of the most sought-after condominiums in LIC as NY's pulsating suburban lifestyle that offers a peaceful getaway from crowded city life while still bringing its residents great energy and excitement. Parking rental is available just next door. Occupancy for Nov. 16, 2020. Longer lease available. Pets accepted on a case-by-case basis.

    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
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,102 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 1.21 Acres
    Details
    • Parcel number: 000301112

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2007

    Community & HOA

    Community
    • Features: Fitness Center
    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $1,410/sqft
    • Tax assessed value: $232,590

    Price history

    DateEventPrice
    2/20/2018Listing removed$4,750$4/sqft
    Source: Sterea Agency Report a problem
    2/3/2018Listed for rent$4,750$4/sqft
    Source: Sterea Agency Report a problem
    9/23/2008Sold$1,204,580$1,093/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $104,666 +3.8%
    2024-- $100,813 +6.4%
    2023-- $94,716 +14.5%
    2022-- $82,755 +8.9%
    2021-- $75,975 -12.5%
    2020$2,965 +146.5%$86,869 +1.7%
    2019$1,203 -86.2%$85,420 +23.7%
    2018$8,708 +7.6%$69,042 +8.6%
    2017$8,089 +550.5%$63,598 +3.1%
    2016$1,243 $61,661 -2.6%
    2015$1,243 +28%$63,293 -3.4%
    2014$972 $65,548 -8.5%
    2013-- $71,599 -12.9%
    2012-- $82,221 +9.1%
    2011-- $75,334 +6.8%
    2010-- $70,525 -19%
    2009-- $87,088
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating