42-5 48th Avenue

42-5 48th Avenue is a Co-op located in Sunnyside, Long Island City. The building was first built in 1942 and is 82 years old. The lot that the building was built on is 85 feet wide and 123 feet long. The official lot area is listed as 10,895 square feet. The building itself is 85 feet wide and 110 feet long. In total, 42-5 48th Avenue has a total floor area of 53,400 square feet. Of that, 53,400 square feet are used for residential purposes. There are a total of 54 units. Of those, 54 are residential units. 42-5 48th Avenue has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 23 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 312 days and tend to sell below the original asking price of $450,000 by 14.47%. The transaction that took the longest to complete was unit 1C, listed on Jun 04, 2022 for $475,000. This particular unit ultimately sold 327 days later for $385,000. The most recent transaction was for unit 5C, which was first advertised on Aug 06, 2022, sold for $450,000 on Jun 14, 2023. Fun fact, the oldest transaction we have on record took place on Apr 14, 1966. See the full transaction history for 42-5 48th Avenue below.

Sunnyside, where 42-5 48th Avenue is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $450,000. For interested buyers, that means the building's median asking price is around 0.29% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.