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Map
$1,070,000
●
Condo -
Off Market
5-09 48TH Avenue #3P
Queens, NY 11101
2 Beds
2 Baths
1087 Sqft
$1,541,410
RealtyHop Estimate
44.06%
Since Mar 1, 2020
NY-New York
Primary Model
About This Property
Owner says SELL!!! BEST 2BR DEAL IN HEART OF LONG ISLAND CITY!!
RE-SALES ARE WHERE THE VALUE IS AT! Spacious and light two-bedroom,
two full bathroom apartment is available at Fifth Street Lofts, one
of Long Island City's premiere and best-located condominiums! This
nearly 1100 sq.ft. apartment boasts a fantastic layout and no
wasted space. The unit comes with high-quality finishes, including
a state-of-the-art gourmet kitchen with Caesar stone countertops,
glass tile backsplash, Liebherr refrigerator, Bosch ranges,
dishwasher, microwave, dark wood cabinetry, garbage disposal, and
Kohler fixtures. The master bedroom is large enough for a king-size
bed and includes a walk-in closet, as well as an en-suite master
bathroom with Limestone double sink vanity and over-sized shower.
Bosch washer/dryer included. Excellent closet storage throughout.
5SL is one of the best-located condo buildings in all of Long
Island City, being just a block from the East River and the magical
waterfront park, where there are playgrounds, green open spaces,
the new Hunters Point library, and two ferry stops that take
passengers from Queens to Brooklyn and Manhattan. It is also just
two blocks from the 7 train, which is one subway stop to Grand
Central and Midtown Manhattan. 5SL features a 24-hour concierge,
fitness center, playroom, rooftop terrace, and common courtyard. A
15-year 421-a tax abatement is in place at 5SL until June 30th,
2024. THIS TAX EXEMPTION EQUATES TO APPROXIMATELY $20,000 IN TAX
SAVINGS! If you're looking for real significant savings in your
pocket, a re-sale unit (vs. a new development) is where the value
is at! You'll get more square footage for your money. Also, in a
re-sale transaction, the SELLER pays the NYC and State transfer
taxes, equaling 1.825% of the purchase price (for this unit, that
is over $21,000 in savings to the buyer)! In a new development, the
buyer pays that tax, meaning that nearly 2% of your closing costs
are gone when you choose a re-sale unit. Please reach out to
schedule a viewing today!
Unit Size
1,087Ft²
Days on Market
303 days
Land Size
-
Price per sqft
$984
Property Type
Condo
Property Taxes
$78
HOA Dues
$975
Year Built
2007
Last updated: 3 months ago (RLS #RPLU-1087019562433)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 5, 2021 | Sold | $1,195,000 | |
Sold | |||
Feb 14, 2020 | Sold to Karin Lam, Jinjie Yuan | $1,070,000 | |
Sold to Karin Lam, Jinjie Yuan | |||
Apr 17, 2019 | Listed by Brown Harris Stevens Queens LLC | $1,100,000 | |
Listed by Brown Harris Stevens Queens LLC | |||
Jan 21, 2015 | Sold to Sanford Asd Llc, Sanford Nd... | $1,100,000 | |
Sold to Sanford Asd Llc, Sanford Nd... | |||
Sep 21, 2014 | Listed by Nest Seekers International | $1,195,000 | |
Listed by Nest Seekers International | |||
|
|||
Spacious and bright two-bedroom, two full bathroom apartment
available at Fifth Street Lofts (5SL)! 5SL is a luxury premiere
condominium building located in the heart of LIC, one of the most
desirable neighborhoods in NYC.
This charming nearly 1100 sq.ft. unit comes with high-quality
finishes, including a state-of-the-art gourmet kitchen with Caesar
stone countertops, glass tile backsplash, Liebherr refrigerator,
Bosch ranges, dishwasher, microwave, dark wood cabinetry, garbage
disposal…
|
Show More
Property Highlights
Garage
Elevator
Doorman
Parking Details
Has Garage
Interior Details
Bedroom Information
Bedrooms: 2
Bathroom Information
Full Bathrooms: 2
Interior Information
Appliances: Washer Dryer Allowed
Living Area: 1087
Room Information
Rooms: 4
Exterior Details
Property Information
Year Built: 2005
Building Information
Building Name: 5TH STREET LOFTS
Pets Allowed: Building No, Yes
Land Information
Tax Block: 00030
Financial Details
Tax Annual Amount: $936
Location Details
Subdivision Name: Hunters Point
Stories Total: 8
Association Fee: $975
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
Co-op
2
Beds
2
Baths
-
$940,000
Oct 3, 2016
$940,000
Jul 31, 2017
$2,754/mo
Sold
Condo
2
Beds
2
Baths
-
$1,175,000
Sep 11, 2020
$1,175,000
Apr 23, 2021
$997/mo
Sold
Condo
2
Beds
2
Baths
1,100 ft²
$1,136/ft²
$1,250,000
Mar 15, 2017
$1,250,000
Aug 31, 2017
$1,030/mo
Sold
Condo
2
Beds
2
Baths
714 ft²
$1,374/ft²
$981,000
Jun 4, 2019
$981,000
May 3, 2021
$1,398/mo
Condo
2
Beds
2
Baths
-
$1,165,000
Apr 23, 2021
$1,165,000
Aug 24, 2022
$1,281/mo
Sold
Condo
2
Beds
2
Baths
902 ft²
$1,375/ft²
$1,240,000
Mar 4, 2020
$1,240,000
Sep 30, 2021
$1,594/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/16/2023
|
2 Bed
|
2 Bath
|
1216 ft²
|
$1,550,000
2 Bed
2 Bath
1216 ft²
|
$1,595,000
+2.90%
03/29/2024
|
-
|
Tetsuo Matsumoto
Corcoran Group
|
|
06/22/2023
|
2 Bed
|
2 Bath
|
-
|
$1,395,000
2 Bed
2 Bath
|
$1,381,000
-1.00%
10/06/2023
|
- Private -
|
Jonna Stark
Brown Harris Stevens Queens LLC
|
|
04/12/2023
|
1 Bed
|
1 Bath
|
706 ft²
|
$935,000
1 Bed
1 Bath
706 ft²
|
$930,000
-0.53%
08/14/2023
|
Christopher Austad
Douglas Elliman Real Estate
|
||
01/31/2023
|
1 Bed
|
1 Bath
|
729 ft²
|
$988,000
1 Bed
1 Bath
729 ft²
|
$1,015,000
+2.73%
05/17/2023
|
Anna Maria Riccardi
Nest Seekers LLC
|
||
01/31/2023
|
2 Bed
|
2 Bath
|
1093 ft²
|
$1,398,000
2 Bed
2 Bath
1093 ft²
|
$1,455,000
+4.08%
05/18/2023
|
Anna Maria Riccardi
Nest Seekers LLC
|
||
03/03/2022
|
2 Bed
|
2 Bath
|
1086 ft²
|
$1,650,000
2 Bed
2 Bath
1086 ft²
|
$1,499,000
-9.15%
07/13/2022
|
Gilbert Morales
Compass
|
||
02/18/2022
|
1 Bed
|
1 Bath
|
729 ft²
|
$929,000
1 Bed
1 Bath
729 ft²
|
$929,000
05/17/2022
|
Chinmei Fan
Jade Stone Real Estate Consulting Inc
|
||
07/29/2021
|
2 Bed
|
2 Bath
|
1102 ft²
|
$1,625,000
2 Bed
2 Bath
1102 ft²
|
$1,625,000
04/19/2022
|
Kenneth Hurley
Industrie Residential
|
||
05/13/2021
|
2 Bed
|
2 Bath
|
1093 ft²
|
$1,335,000
2 Bed
2 Bath
1093 ft²
|
$1,370,000
+2.62%
09/08/2021
|
Kenneth Lee
Modern Spaces
|
||
02/24/2021
|
2 Bed
|
2 Bath
|
1087 ft²
|
$1,250,000
2 Bed
2 Bath
1087 ft²
|
$1,325,000
+6.00%
06/11/2021
|
Jonna Stark
Brown Harris Stevens Queens LLC
|
||
12/13/2020
|
2 Bed
|
2 Bath
|
1109 ft²
|
$1,225,000
2 Bed
2 Bath
1109 ft²
|
$1,325,000
+8.16%
05/07/2021
|
Reyn Rossington
Compass
|
||
09/10/2020
|
2 Bed
|
4 Bath
|
-
|
$1,290,000
2 Bed
4 Bath
|
$1,220,000
-5.43%
05/28/2021
|
-
|
Nicholas Oliver
Modern Spaces, LLC
|
|
04/17/2019
|
2 Bed
|
2 Bath
|
1087 ft²
|
$1,100,000
2 Bed
2 Bath
1087 ft²
|
$1,070,000
-2.73%
02/14/2020
|
Jonna Stark
Brown Harris Stevens Queens LLC
|
||
03/21/2019
|
3 Bed
|
2 Bath
|
1587 ft²
|
$2,400,000
3 Bed
2 Bath
1587 ft²
|
$2,360,000
-1.67%
07/10/2019
|
Jonna Stark
Brown Harris Stevens Queens LLC
|
||
03/06/2019
|
2 Bed
|
2 Bath
|
1217 ft²
|
$1,850,000
2 Bed
2 Bath
1217 ft²
|
$1,780,000
-3.78%
09/04/2019
|
Patrick W Smith
Corcoran Group
|
||
11/28/2018
|
1 Bed
|
1 Bath
|
784 ft²
|
$950,000
1 Bed
1 Bath
784 ft²
|
$890,000
-6.32%
04/23/2019
|
Mae Liew
Modern Spaces
|
||
07/25/2018
|
2 Bed
|
2 Bath
|
1106 ft²
|
$1,348,000
2 Bed
2 Bath
1106 ft²
|
$1,348,000
01/10/2019
|
-
|
Silvette Julian
Compass
|
|
06/18/2018
|
|
Studio
|
1 Bath
|
600 ft²
|
-
Studio
1 Bath
600 ft²
|
-
-
|
-
|
-
|
07/29/2017
|
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
|
06/22/2017
|
2 Bed
|
2 Bath
|
1103 ft²
|
$1,595,000
2 Bed
2 Bath
1103 ft²
|
$1,605,000
+0.63%
09/28/2017
|
Nathaniel Faust
Citi Habitats, Inc.
|
||
06/05/2017
|
2 Bed
|
2 Bath
|
1080 ft²
|
$1,380,000
2 Bed
2 Bath
1080 ft²
|
$1,380,000
06/21/2017
|
Katherine Vogeler
Maz Group NY
|
||
03/19/2017
|
1 Bed
|
1 Bath
|
729 ft²
|
$860,000
1 Bed
1 Bath
729 ft²
|
$850,000
-1.16%
08/14/2017
|
Douglas Perlson
RealDirect Brokerage Services
|
||
03/15/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,400,000
2 Bed
2 Bath
1100 ft²
|
$1,212,500
-13.39%
08/31/2017
|
Lauren Bennett
Corcoran Group
|
||
02/06/2017
|
1 Bed
|
1 Bath
|
729 ft²
|
$850,000
1 Bed
1 Bath
729 ft²
|
$850,000
04/13/2017
|
Kevin Wong
Citi Habitats, Inc.
|
||
10/10/2016
|
1 Bed
|
1 Bath
|
728 ft²
|
$875,000
1 Bed
1 Bath
728 ft²
|
$850,000
-2.86%
01/27/2017
|
Melissa Hernandez
Douglas Elliman Real Estate
|
||
09/19/2016
|
3 Bed
|
2 Bath
|
1587 ft²
|
$2,295,000
3 Bed
2 Bath
1587 ft²
|
$1,962,500
-14.49%
04/13/2017
|
Adam Solomon
Douglas Elliman Real Estate
|
||
08/22/2016
|
1 Bed
|
1 Bath
|
-
|
$970,000
1 Bed
1 Bath
|
$950,000
-2.06%
04/12/2017
|
Jonna Stark
Brown Harris Stevens Queens LLC
|
||
04/22/2016
|
3 Bed
|
2 Bath
|
1594 ft²
|
$2,450,000
3 Bed
2 Bath
1594 ft²
|
$1,800,000
-26.53%
01/12/2017
|
Rick Kelly
Elliman
|
||
04/08/2016
|
2 Bed
|
2 Bath
|
1048 ft²
|
$1,295,990
2 Bed
2 Bath
1048 ft²
|
$1,285,000
-0.85%
06/08/2016
|
Teodora Liliana Buzan
Modern Spaces, LLC
|
||
03/28/2016
|
2 Bed
|
2 Bath
|
1093 ft²
|
$1,280,000
2 Bed
2 Bath
1093 ft²
|
$1,355,000
+5.86%
06/28/2016
|
Dana Morrow
Space Marketing Shop Inc.
|
||
01/25/2016
|
2 Bed
|
2 Bath
|
1087 ft²
|
$1,299,000
2 Bed
2 Bath
1087 ft²
|
$1,330,000
+2.39%
08/16/2016
|
Sandra Gansberg
Douglas Elliman Real Estate
|
||
12/11/2015
|
Studio
|
1 Bath
|
500 ft²
|
$2,300
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Carol Castle
Keller Williams Realty Empire
|
|
09/21/2015
|
Studio
|
1 Bath
|
503 ft²
|
$658,000
Studio
1 Bath
503 ft²
|
$615,950
-6.39%
09/16/2016
|
Barbara Katsnelson
The Corcoran Group
|
||
06/10/2015
|
Studio
|
1 Bath
|
-
|
$638,000
Studio
1 Bath
|
-
10/19/2015
|
Brian Dusseau
Bond New York
|
||
05/01/2015
|
1 Bed
|
1 Bath
|
732 ft²
|
$780,000
1 Bed
1 Bath
732 ft²
|
-
07/10/2015
|
Thomas Lattanzio
Modern Spaces, LLC
|
||
02/18/2015
|
2 Bed
|
2 Bath
|
1093 ft²
|
$1,225,000
2 Bed
2 Bath
1093 ft²
|
-
-
|
-
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Anthony Robles
Prudential Douglas Elliman Real Estate
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|
11/05/2014
|
Studio
|
1 Bath
|
513 ft²
|
$650,000
Studio
1 Bath
513 ft²
|
$640,000
-1.54%
08/28/2015
|
Helen Elias
Modern Spaces, LLC
|
||
10/15/2014
|
2 Bed
|
2 Bath
|
1109 ft²
|
$1,325,000
2 Bed
2 Bath
1109 ft²
|
$1,270,000
-4.15%
03/30/2015
|
Adrian Lupu
Nest Seekers International
|
||
09/21/2014
|
2 Bed
|
2 Bath
|
1087 ft²
|
$1,195,000
2 Bed
2 Bath
1087 ft²
|
$1,100,000
-7.95%
01/21/2015
|
Jonna Stark
Nest Seekers International
|
||
08/11/2014
|
2 Bed
|
2 Bath
|
1106 ft²
|
$1,698,000
2 Bed
2 Bath
1106 ft²
|
$1,600,000
-5.77%
06/25/2015
|
Silvette Julian
Nest Seekers International
|
||
07/23/2014
|
2 Bed
|
2 Bath
|
1048 ft²
|
$1,050,000
2 Bed
2 Bath
1048 ft²
|
$1,140,000
+8.57%
09/18/2014
|
Hui Milligan
Douglas Elliman Real Estate
|
||
05/05/2014
|
2 Bed
|
2 Bath
|
1080 ft²
|
$1,279,000
2 Bed
2 Bath
1080 ft²
|
-
07/23/2014
|
Karen Barsegyan
Space Marketing Shop Inc.
|
||
04/30/2014
|
3 Bed
|
2 Bath
|
-
|
$1,550,000
3 Bed
2 Bath
|
$1,550,000
08/01/2014
|
Jason Lee
R New York
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||
09/26/2013
|
1 Bed
|
1 Bath
|
-
|
$760,000
1 Bed
1 Bath
|
$680,000
-10.53%
04/10/2014
|
Venita Farrier
Elliman
|
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03/02/2013
|
1 Bed
|
1 Bath
|
706 ft²
|
$679,000
1 Bed
1 Bath
706 ft²
|
$679,000
11/01/2013
|
Christopher Austad
Douglas Elliman Real Estate
|
||
01/16/2013
|
2 Bed
|
2 Bath
|
1093 ft²
|
$925,000
2 Bed
2 Bath
1093 ft²
|
$965,000
+4.32%
08/23/2013
|
David Grossmann
Modern Spaces, LLC
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