
4
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4-74 48th Avenue #15K
About This Property
Discover this exceptional ownership opportunity at the prestigious Citylights building located in the LIC waterfront and 10 minutes from Grand Central. For the cost of renting, why not own? This bright and sunny south-facing apartment with oversized windows is perched on the 15th floor and affords city and water views. The generous floor plan has been enhanced by such additions as crown molding, solid core doors, custom closets, and espresso-stained parquet floors. A recessed media wall has been added for your enjoyment. The renovated kitchen includes marble countertops and stainless steel appliances plus custom cabinetry. The spa-like bathroom is relaxation defined with its glass-tiled stall shower, European-style fixtures, and Carrera marble throughout.
No Board Interview, Subleasing Allowed (after 1 year owner occupancy) & Tax Deductible Maintenance. There is an attached garage that offers reduced prices for residents. Minimum 10% Down Payment and the building allows gifting, co-purchasing, and subletting (after 1 yr).
Located in the heart of this vibrant & exciting community – steps away from all the delicious dinning options offered in the area, such as: Casa Enrique, Maiella, Sushi Daizen, BareBurger, Sweet Chick & more! You're within a 2 block radius for grocery options with Food Cellar & Urban Market, and less than a mile away from Trader Joes on Jackson Ave. Right across the street from Gantry State Park & the East River. Commuting to the city will be a breeze, having access to the 7 train within a quarter mile (1 stop into Grand Central/4 minutes) & East River Ferry within Gantry State Park. CityLights is a luxury, full-service 42 story unit condop. Amenities include: Large Fitness Center with Sauna, Lockers, Peloton bikes & Tennis Court, Bike Storage, Laundry Room, Roof Deck, Conference Room, Full Time Doorman, 24/7 On-Site Staff, Live-In Resident Manager & More! Don't miss your chance to become the newest addition to this one of a kind, amazing neighborhood!
Listed By
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 11, 2024 | Listed by Compass | $549,000 | |
Listed by Compass | |||
Feb 5, 2021 | Sold | ||
Sold | |||
Jan 19, 2023 | Sold to Shreya Gautam, Sagar Shah | ||
Sold to Shreya Gautam, Sagar Shah | |||
Nov 5, 2022 | In contract | - | |
In contract | |||
Oct 17, 2022 | Price Decreased |
$555,000
↓ $25K
(4.3%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/19/2024
|
1 Bed
|
1 Bath
|
815 ft²
|
$735,000
1 Bed
1 Bath
815 ft²
|
$730,000
-0.68%
10/29/2024
|
-
|
Steven Clair
Compass
| |
07/17/2024
|
1 Bed
|
1 Bath
|
-
|
$899,000
1 Bed
1 Bath
|
-
-
|
-
|
Patricia Santella
Elliman
| |
07/14/2024
|
1 Bed
|
1 Bath
|
-
|
$535,000
1 Bed
1 Bath
|
$535,000
10/29/2024
|
-
|
Mary V Torres
Modern Spaces
| |
07/05/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$535,000
1 Bed
1 Bath
700 ft²
|
$510,000
-4.67%
11/20/2024
|
-
|
Lauren Renee Bennett
Corcoran Group
| |
04/17/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$885,000
2 Bed
2 Bath
1100 ft²
|
$835,000
-5.65%
01/07/2025
|
-
|
Mary V Torres
Modern Spaces
| |
05/19/2024
|
1 Bed
|
1 Bath
|
-
|
$594,999
1 Bed
1 Bath
|
$525,000
-11.76%
12/03/2024
|
-
|
Mary V Torres
Modern Spaces
| |
04/22/2024
|
1 Bed
|
1 Bath
|
863 ft²
|
$649,000
1 Bed
1 Bath
863 ft²
|
$680,000
+4.78%
08/27/2024
|
-
|
King Li
exp Realty NYC
| |
04/05/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$618,000
1 Bed
1 Bath
800 ft²
|
$600,000
-2.91%
07/17/2024
|
-
|
Patrick Smith
Smith & Degroat Real Estate
| |
03/22/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$545,000
1 Bed
1 Bath
700 ft²
|
$500,000
-8.26%
07/31/2024
|
-
|
Shawn Mazzarone
Halstead Property, LLC
| |
03/22/2024
|
2 Bed
|
2 Bath
|
-
|
$1,300,000
2 Bed
2 Bath
|
$1,265,000
-2.69%
07/11/2024
|
-
|
Lauren Renee Bennett
Corcoran Group
| |
03/18/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$565,000
1 Bed
1 Bath
700 ft²
|
$530,000
-6.19%
08/29/2024
|
-
|
Brian Dusseau
Compass
| |
03/08/2024
|
1 Bed
|
1 Bath
|
650 ft²
|
$499,999
1 Bed
1 Bath
650 ft²
|
$517,000
+3.40%
06/25/2024
|
-
|
Mary V Torres
Modern Spaces
| |
03/02/2024
|
2 Bed
|
2 Bath
|
-
|
$775,000
2 Bed
2 Bath
|
$800,000
+3.23%
06/17/2024
|
-
|
Mary V Torres
Modern Spaces
| |
01/31/2024
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$600,000
-4.00%
07/16/2024
|
-
|
Mary V Torres
Modern Spaces
| |
01/04/2024
|
1 Bed
|
2 Bath
|
975 ft²
|
$620,000
1 Bed
2 Bath
975 ft²
|
$620,000
06/05/2024
|
-
|
Nancy Slavin
Elliman
| |
12/18/2023
|
2 Bed
|
2 Bath
|
-
|
$775,000
2 Bed
2 Bath
|
$775,000
04/12/2024
|
-
|
Patrick Lilly
The Corcoran Group
| |
11/21/2023
|
1 Bed
|
1 Bath
|
-
|
$549,999
1 Bed
1 Bath
|
$575,000
+4.55%
03/06/2024
|
Suzanne Colon
Douglas Elliman Real Estate
| ||
10/20/2023
|
2 Bed
|
2 Bath
|
-
|
$747,999
2 Bed
2 Bath
|
$712,500
-4.75%
06/03/2024
|
-
|
Howard Grynspan
HomeSmart Homes & Estates
| |
10/19/2023
|
2 Bed
|
2 Bath
|
-
|
$850,000
2 Bed
2 Bath
|
$860,000
+1.18%
08/13/2024
|
-
|
Mary V Torres
Modern Spaces
| |
10/19/2023
|
2 Bed
|
2 Bath
|
-
|
$800,000
2 Bed
2 Bath
|
$810,000
+1.25%
02/13/2024
|
Mary Torres
Modern Spaces Love Your Place
| ||
09/28/2023
|
Studio
|
1 Bath
|
502 ft²
|
$450,000
Studio
1 Bath
502 ft²
|
$450,000
02/22/2024
|
Shan Chowdhury
Brown Harris Stevens Queens LLC
| ||
09/14/2023
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$449,000
02/07/2024
|
Natsuko Ikegami
Compass
| ||
09/05/2023
|
2 Bed
|
1 Bath
|
-
|
$699,999
2 Bed
1 Bath
|
$684,000
-2.29%
12/13/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
08/30/2023
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$515,000
-6.36%
02/14/2024
|
Lauren Bennett
Corcoran Group
| ||
08/30/2023
|
2 Bed
|
2 Bath
|
-
|
$1,150,000
2 Bed
2 Bath
|
$940,000
-18.26%
01/30/2024
|
Raymel Santiago
Charles Rutenberg Realty Inc
| ||
08/29/2023
|
2 Bed
|
2 Bath
|
-
|
$800,000
2 Bed
2 Bath
|
$800,000
12/14/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
08/16/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$900,000
2 Bed
2 Bath
1100 ft²
|
$900,000
01/23/2024
|
Shawn Mazzarone
Compass
| ||
06/19/2023
|
1 Bed
|
1 Bath
|
-
|
$520,000
1 Bed
1 Bath
|
$470,000
-9.62%
12/07/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
06/13/2023
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$525,000
-4.55%
10/26/2023
|
-
|
Alex Pearl
The Corcoran Group
| |
05/27/2023
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$529,000
-3.64%
03/05/2024
|
Dingxing Chen
EXP Realty
| ||
05/17/2023
|
1 Bed
|
1 Bath
|
640 ft²
|
$495,000
1 Bed
1 Bath
640 ft²
|
$490,000
-1.01%
11/29/2023
|
Brian Dusseau
Compass
| ||
05/17/2023
|
Studio
|
1 Bath
|
510 ft²
|
$415,000
Studio
1 Bath
510 ft²
|
$405,000
-2.41%
11/22/2023
|
Brian Dusseau
Compass
| ||
05/05/2023
|
2 Bed
|
2 Bath
|
-
|
$699,999
2 Bed
2 Bath
|
$750,000
+7.14%
08/03/2023
|
Lauren Bennett
Corcoran Group
| ||
05/03/2023
|
Studio
|
1 Bath
|
-
|
$415,000
Studio
1 Bath
|
$410,000
-1.20%
09/11/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
04/28/2023
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$475,000
-9.52%
12/13/2023
|
Stefani Berkin
R New York
| ||
04/22/2023
|
1 Bed
|
1 Bath
|
-
|
$539,000
1 Bed
1 Bath
|
$514,500
-4.55%
07/19/2023
|
Mary Torres
Modern Spaces
| ||
04/13/2023
|
2 Bed
|
2 Bath
|
-
|
$850,000
2 Bed
2 Bath
|
$815,000
-4.12%
08/21/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
04/03/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$795,000
2 Bed
2 Bath
1000 ft²
|
$758,160
-4.63%
08/29/2023
|
Brian Dusseau
Compass
| ||
03/22/2023
|
1 Bed
|
1 Bath
|
800 ft²
|
$545,000
1 Bed
1 Bath
800 ft²
|
$535,000
-1.83%
08/02/2023
|
Mary Torres
Modern Spaces
| ||
01/26/2023
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$515,000
-6.36%
08/28/2023
|
Shadaby Azam
EXP Realty
| ||
01/26/2023
|
1 Bed
|
1 Bath
|
-
|
$465,000
1 Bed
1 Bath
|
$465,000
06/22/2023
|
Shadaby Azam
EXP Realty
| ||
01/05/2023
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$385,000
-3.51%
05/31/2023
|
Shadaby Azam
EXP Realty
| ||
10/21/2022
|
1 Bed
|
1 Bath
|
863 ft²
|
$595,000
1 Bed
1 Bath
863 ft²
|
$575,000
-3.36%
03/23/2023
|
Brian Dusseau
Compass
| ||
10/11/2022
|
1 Bed
|
1 Bath
|
650 ft²
|
$509,000
1 Bed
1 Bath
650 ft²
|
$470,000
-7.66%
08/07/2023
|
Mary Torres
Modern Spaces
| ||
08/30/2022
|
1 Bed
|
1 Bath
|
-
|
$555,000
1 Bed
1 Bath
|
$540,000
-2.70%
01/11/2023
|
Mary Torres
Modern Spaces Love Your Place
| ||
08/24/2022
|
1 Bed
|
1 Bath
|
815 ft²
|
$625,000
1 Bed
1 Bath
815 ft²
|
$600,000
-4.00%
03/09/2023
|
Shawn Avazeh
Nest Seekers LLC
| ||
08/02/2022
|
1 Bed
|
1 Bath
|
800 ft²
|
$640,000
1 Bed
1 Bath
800 ft²
|
$635,000
-0.78%
07/13/2023
|
Brian Dusseau
Compass
| ||
07/26/2022
|
3 Bed
|
2 Bath
|
1050 ft²
|
$815,000
3 Bed
2 Bath
1050 ft²
|
$750,000
-7.98%
03/14/2023
|
Mary Torres
Modern Spaces
| ||
07/23/2022
|
Studio
|
1 Bath
|
502 ft²
|
$390,000
Studio
1 Bath
502 ft²
|
$415,000
+6.41%
11/21/2022
|
Mary Torres
Modern Spaces
| ||
07/19/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$580,000
1 Bed
1 Bath
700 ft²
|
$555,000
-4.31%
01/19/2023
|
Kevin McNeill
Corcoran Group
| ||
07/18/2022
|
2 Bed
|
2 Bath
|
-
|
$788,000
2 Bed
2 Bath
|
$735,000
-6.73%
12/15/2022
|
Mary Torres
Douglas Elliman Real Estate
| ||
06/14/2022
|
1 Bed
|
1 Bath
|
650 ft²
|
$525,000
1 Bed
1 Bath
650 ft²
|
$525,000
09/07/2022
|
Brian Dusseau
Compass
| ||
05/25/2022
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$625,000
-3.70%
10/07/2022
|
Jessica Markowski
Serhant LLC
| ||
05/09/2022
|
Studio
|
1 Bath
|
-
|
$428,000
Studio
1 Bath
|
$400,000
-6.54%
11/01/2022
|
Chuan Wang Chen
E Realty International Corp
| ||
05/03/2022
|
2 Bed
|
2 Bath
|
1050 ft²
|
$749,999
2 Bed
2 Bath
1050 ft²
|
$715,000
-4.67%
09/28/2022
|
Mary V. Torres
Modern Spaces
| ||
04/17/2022
|
2 Bed
|
2 Bath
|
1043 ft²
|
$795,000
2 Bed
2 Bath
1043 ft²
|
$775,000
-2.52%
07/28/2022
|
Patrick Smith
Corcoran Group
| ||
04/05/2022
|
2 Bed
|