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Off market
  • $560,400

    509 48th Ave APT 5J, Long Island City, NY 11101

    0beds
    --sqft
    Apartment
    Built in ----
    -- sqft lot
    $560,400 Zestimate®
    $--/sqft
    $3,503 Estimated rent

    Home value

    $560,400

    $493,000 - $633,000

    $3,503/mo

    Zestimate® history
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    What's special

    Bosch stainless steel appliancesLandscaped rooftop terraceGarden courtyardIn-sink garbage disposalOpen-concept layoutDog runsUnder-cabinet lighting

    Bright South-Facing Studio with Custom Murphy Bed in LIC's Premier 5SL Condominium Welcome to this bright and thoughtfully designed south-facing studio at 5th Street Lofts, one of Long Island City's most sought-after condominium residences. Bathed in natural light through oversized south-facing windows, the home features wide-plank light oak hardwood flooring, an open-concept layout, and custom built-ins including a Murphy bed that maximizes both functionality and living space. The loft-inspired design creates an airy and inviting atmosphere perfect for modern city living. The gourmet kitchen is outfitted with Bosch stainless steel appliances, a Liebherr refrigerator, Caesarstone countertops, glass tile backsplash, dark wood Allmilmo cabinetry, under-cabinet lighting, and an in-sink garbage disposal. Additional conveniences include an in-unit Bosch washer and dryer and exceptional storage with three closets, including a large walk-in closet. Built by Toll Brothers City Living in 2007, 5th Street Lofts (5SL) is a full-service condominium offering residents a 24-hour front desk attendant, fitness center, landscaped rooftop terrace, garden courtyard, children's playroom, cold storage, bicycle storage, private storage options, and live-in superintendent. Ideally located in the coveted Hunters Point waterfront neighborhood, residents enjoy immediate access to Gantry Plaza State Park, the East River waterfront promenade, parks, dog runs, restaurants, cafes, and neighborhood conveniences including Trader Joe's and Foodcellar Market. With Midtown Manhattan just one subway stop away, this location offers the perfect balance of waterfront living and urban accessibility. A rare opportunity to own a stylish, move-in-ready home in one of Long Island City's premier condominium communities. Rent includes water, hot water, gas. Tenant pays electricity & cable/internet.

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, dryer, washer
    • Laundry: In Unit
    Features
    • Elevator, Storage, Walk In Closet
    • Flooring: Hardwood

    Property

    Parking
    • Details: Contact manager
    Accessibility
    • Accessibility features: Disabled Access
    Features
    • Patio & porch: Deck
    • Exterior features: Bike Room, Childrens Playroom, Fios Available, Live In Super, Package Room, Public Outdoor Space, Storage, Walk In Closet, Wheelchair Access
    • Has view: Yes
    • View description: City View
    Details
    • Additional structures: Storage
    • Parcel number: 000301073

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Utilities & green energy

    • Utilities for property: Gas, Water

    Community & HOA

    Community
    • Features: Fitness Center, Gated, Smoke Free
    HOA
    • Amenities included: Concierge, Fitness Center, Laundry, Parking, Roof Deck, Storage
    Location
    • Region: Long Island City

    Financial & listing details

    • Tax assessed value: $83,731
    • Date on market: 7/13/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/17/2026Listing removed$3,400
    Source: Zillow Rentals Report a problem
    8/11/2026Price change$3,400-2.9%
    Source: Zillow Rentals Report a problem
    7/13/2026Listed for rent$3,500+17.6%
    Source: Zillow Rentals Report a problem
    7/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/14/2023Sold$231,747-63.2%
    Source: Public Record Report a problem
    6/8/2023Listed for rent$2,975+29.6%
    Source: Zillow Rentals Report a problem
    7/20/2018Sold$630,000-1.8%
    Source: Public Record Report a problem
    5/10/2018Pending sale$641,325
    Source: Compass Report a problem
    4/9/2018Price change$641,325-2.1%
    Source: Compass Report a problem
    3/20/2018Price change$655,000-4.8%
    Source: Compass Report a problem
    12/8/2017Listed for sale$688,000+46.9%
    Source: Edna Mashaal Realty LLC #2991975 Report a problem
    11/10/2015Listing removed$2,295
    Source: Modern Spaces Report a problem
    8/26/2015Price change$2,295-4.2%
    Source: Modern Spaces Report a problem
    7/7/2015Listed for rent$2,395
    Source: Modern Spaces Report a problem
    7/29/2008Sold$468,457
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $37,679 +3.8%
    2024-- $36,292 +6.4%
    2023-- $34,097 +14.5%
    2022-- $29,791 +8.9%
    2021-- $27,350 -12.5%
    2020$1,067 +146.5%$31,272 +1.7%
    2019$433 -86.2%$30,751 +23.7%
    2018$3,135 +7.6%$24,856 +8.6%
    2017$2,912 +550.7%$22,897 +3.2%
    2016$448 $22,197 -2.6%
    2015$448 +28%$22,785 -3.4%
    2014$350 $23,597 -8.5%
    2013-- $25,776 -12.9%
    2012-- $29,601 +9.1%
    2011-- $27,120 +6.8%
    2010-- $25,389 -19%
    2009-- $31,351
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating