21
Map
$835,000
●
Co-op -
Off Market
4-74 48th Avenue #35D
Queens, NY 11109
2 Beds
2 Baths
1100 Sqft
$7,599
Est. Monthly
$3,340
HOA / Fees
3.73%
Cap Rate
About This Property
Own in LIC!
Come see the best priced convertible 3 bedroom home in Long Island City
We invite you to schedule a private viewing of the coveted high floor Citylights D Line. Move in a bright and sunny 2-bedroom home that can easily be converted to a 3 bedroom apartment, where you can enjoy breathtaking Manhattan & East River views while working from your home office. This is one of only two buildings directly on the LIC waterfront with apartments available for purchase.
With approximate 1100 square feet, this unit offers a spacious interior ideal for entertaining or enjoying quiet nights at home. Enjoy infamous NYC skyline sunsets while lounging on your private balcony perfect for entertaining friends and family. Oversized, double-insulated windows offer incredible views of the skyline, Midtown Manhattan, East River bridges to Long Island City & beyond.
Total maintenance* of $3,339, is about 23-54% tax-deductible. *Maintenance is inclusive of real estate tax obligation and all amenities.
Citylights, Long Island City's first luxury high-rise residence. This Condop has NO BOARD INTERVIEW required.
The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage
Owners enjoy a reduced rate as low as $149.00/mo.
OWN IN LONG ISLAND CITY
Move in and you'll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. Minutes to Manhattan; this is one of New York's most exciting neighborhoods with an easy walk to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC Ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated Casa Enrique; American Brass; Maiella; Blend on the Water; Shi; Little Chef, popular Yoga Room, LIC Gymnastics,, spin and fitness studio; shops, day spas and more.
Come see the best priced convertible 3 bedroom home in Long Island City
We invite you to schedule a private viewing of the coveted high floor Citylights D Line. Move in a bright and sunny 2-bedroom home that can easily be converted to a 3 bedroom apartment, where you can enjoy breathtaking Manhattan & East River views while working from your home office. This is one of only two buildings directly on the LIC waterfront with apartments available for purchase.
With approximate 1100 square feet, this unit offers a spacious interior ideal for entertaining or enjoying quiet nights at home. Enjoy infamous NYC skyline sunsets while lounging on your private balcony perfect for entertaining friends and family. Oversized, double-insulated windows offer incredible views of the skyline, Midtown Manhattan, East River bridges to Long Island City & beyond.
Total maintenance* of $3,339, is about 23-54% tax-deductible. *Maintenance is inclusive of real estate tax obligation and all amenities.
Citylights, Long Island City's first luxury high-rise residence. This Condop has NO BOARD INTERVIEW required.
The building comes with amenities galore, including a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, a 24/7 concierge and a five-level indoor garage
Owners enjoy a reduced rate as low as $149.00/mo.
OWN IN LONG ISLAND CITY
Move in and you'll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. Minutes to Manhattan; this is one of New York's most exciting neighborhoods with an easy walk to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC Ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated Casa Enrique; American Brass; Maiella; Blend on the Water; Shi; Little Chef, popular Yoga Room, LIC Gymnastics,, spin and fitness studio; shops, day spas and more.
Unit Size
1,100Ft²
Days on Market
265 days
Land Size
-
Price per sqft
$788
Property Type
Co-op
Property Taxes
-
HOA Dues
$3,340
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 16 days ago (RLS #OLRS-0001512498)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Relisted | $867,300 | |
| Relisted | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Modern Spaces Love Your Place | $867,300 | |
| Listed by Modern Spaces Love Your Place | |||
   | |||
|
Come see the best priced convertible 3 bedroom home in Long Island
City We invite you to schedule a private viewing of the coveted
high floor Citylights D Line. Move in a bright and sunny 2-bedroom
home that can easily be converted to a 3 bedroom apartment, where
you can enjoy breathtaking Manhattan & East River views while
working from your home office. This is one of only two buildings
directly on the LIC waterfront with apartments available for
purchase. With approximate 1100 square…
| |||
Show More
Property Highlights
Garage
Parking Available
Doorman
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Entrance Foyer
Living Area: 1100
Laundry Features: Common Area
Rooms: 5
Exterior Details
Year Built: 1997
Outdoor Living Structures: Balcony
Pets Allowed: Building Yes, Yes
Tax Lot: 1
Tax Block: 18
Utilities Details
Cooling Type: Wall Units
Location Details
Subdivision Name: Long Island City
Stories Total: 42
Association Fee: $3,340
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Coop
2
Beds
2
Baths
1,070 ft²
$757/ft²
$810,000
Nov 13, 2020
$810,000
Jul 29, 2021
$3,736/mo
Sold
Coop
2
Beds
2
Baths
1,100 ft²
$836/ft²
$920,000
Jun 22, 2016
$920,000
Oct 12, 2016
$1,824/mo
Condo
2
Beds
2
Baths
1,040 ft²
$803/ft²
$835,000
Jul 28, 2015
$835,000
Dec 9, 2015
-
Coop
2
Beds
2
Baths
1,150 ft²
$674/ft²
$775,000
Sep 25, 2019
$775,000
Jan 23, 2020
$3,224/mo
Coop
2
Beds
2
Baths
1,200 ft²
$765/ft²
$918,000
Sep 26, 2017
$918,000
Feb 22, 2018
$2,382/mo
Coop
2
Beds
2
Baths
1,050 ft²
$786/ft²
$825,000
Apr 15, 2018
$825,000
Mar 25, 2019
$3,338/mo
Active
Condo
2
Beds
2
Baths
1,154 ft²
$847/ft²
$978,000
Oct 7, 2024
-
$3,478/mo
In Contract
Condo
2
Beds
1
Bath
838 ft²
$1,134/ft²
$950,000
May 19, 2022
-
$581/mo
In Contract
Condo
1
Bed
1
Bath
755 ft²
$940/ft²
$710,000
Jun 6, 2024
-
$2,298/mo
In Contract
Condo
1
Bed
1
Bath
786 ft²
$1,081/ft²
$850,000
Oct 10, 2024
-
-
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
|
Doris Kason
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
|
Brian Dusseau
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
|
Studio
|
1 Bath
|
510 ft²
|
$415,000
Studio
1 Bath
510 ft²
|
$405,000
-2.41%
11/22/2023
|
-
|
Shawn Mazzarone
Halstead Property, LLC
| |
|
05/17/2023
|
1 Bed
|
1 Bath
|
640 ft²
|
$495,000
1 Bed
1 Bath
640 ft²
|
$490,000
-1.01%
11/29/2023
|
Shawn Mazzarone
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
|
JENNIFER LEE
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
|
Antoinette 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
|
Debbie Huang
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 W Smith
Corcoran Group
| ||
|
04/05/2022
|
2 Bed
|
2 Bath
|
-
|
$769,000
2 Bed
2 Bath
|
$755,000
-1.82%
07/25/2022
|
Shadaby Azam
EXP Realty
| ||
|
03/24/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$580,000
1 Bed
1 Bath
|