5-09 48th Ave #5G
Condo in Hunters Point
In Contract
9
Map
$948,000
1
Bed
1
Bath
–
Half Bath
729
Ft²
$1,300
$/ft²
–
Acres
5TH STREET LOFTS (5SL) Long Island City's Refined Full-Service
Boutique Condominium  Where Owners are Provided with the
Highest Possible Quality of Service.
First Time Offered  Original Owner/ Owner Occupied
Welcome to Resident 5G a Charming Warm & Pristine 729sqft of Interior Living that Boasts a Modern Open & Airy South-Facing Layout.
Enter into an Elegantly Designed Functional Space that is Engulfed with Natural Sunlight Streaming into Every Room in your Home. An Open Living & Dining Space is Adorned w/ Oversized Wall-to-Wall Windows and Direct Southern Exposures, this Home Creates a Warm and Enjoyable Atmosphere for Family & Friends.
Gourmet Kitchen is Equipped w/ High-end Stainless-Steel Appliances Including Liebherr Refrigerator...
First Time Offered  Original Owner/ Owner Occupied
Welcome to Resident 5G a Charming Warm & Pristine 729sqft of Interior Living that Boasts a Modern Open & Airy South-Facing Layout.
Enter into an Elegantly Designed Functional Space that is Engulfed with Natural Sunlight Streaming into Every Room in your Home. An Open Living & Dining Space is Adorned w/ Oversized Wall-to-Wall Windows and Direct Southern Exposures, this Home Creates a Warm and Enjoyable Atmosphere for Family & Friends.
Gourmet Kitchen is Equipped w/ High-end Stainless-Steel Appliances Including Liebherr Refrigerator...
LISTING AGENTS
Thomas LattanzioCORCORAN GROUP[email protected]
Anna Maria RiccardiThe Corcoran Group[email protected]
Building Features
Parking
Garage Parking
Facilities
Bike RoomFitness CenterStorage AvailableLaundry Room
Outdoor Space
GardenCourtyardRoof Deck
Laundry
Washer / Dryer Allowed
Community Features
Facilities
Health Club
Home Features
HVAC
Central A/C
Laundry
Washer / Dryer in Unit
Interior
New Windows
Exposure
South Exposure
Price History
| Date/Event | Event | Price |
|---|---|---|
| Mar 22, 2023 In contract | In contract | - |
| Feb 21, 2023 Price Decreased | Price Decreased | $948,000 $40K (4%) |
| Jan 31, 2023 Listed by Nest Seekers International | Listed by Nest Seekers International | $988,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$47,460ExpensesPer Year
$11,904Operating ProfitPer Year
$35,556 Cap rate
3.75%Price Estimate
$1,089,000$949,547$810,096
20232024202520262027
Current Asking Price
$948,000
HopScore Market Price
$949,547
The current asking price is $1,547.82 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Sold | Condo | 1 | 1 | 729 ft² $1,274/ft² | $929,000 $900/mo |
| Sold | Condo | 2 | 2 | 714 ft² $1,374/ft² | $981,000 $1,398/mo |
| Sold | Condo | 1 | 1 | 784 ft² $1,135/ft² | $890,000 $803/mo |
| Sold | Condo | 1 | 1 | 720 ft² $1,257/ft² | $905,000 $570/mo |
| Sold | Condo | 1 | 1 | 785 ft² $1,197/ft² | $940,000 $1,167.63/mo |
Payment Calculator
Building Info
Neighborhood
About Hunters Point
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Contact a Mortgage expert now(646) 760-8981Sales History
| Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
|---|---|---|---|---|---|---|---|---|
Stu | 1 | 503 | $725,000 -/mo | Mar 22, 2023 Active | - | - - | - | |
2 | 2 | 1,093 | $1,398,000 -/mo | Jan 31, 2023 In Contract | - - | - - | - | |
1 | 1 | 729 | $988,000 -/mo | Jan 31, 2023 In Contract | - - | - - | - | |
2 | 2 | 1,086 | $1,650,000 $1,528/mo | Mar 3, 2022 Sold | Jul 13, 2022 132 days | $1,499,000
-9.15%
| ||
1 | 1 | 729 | $929,000 $900/mo | Feb 20, 2022 Sold | May 17, 2022 86 days | $929,000 - | ||
2 | 2 | 1,102 | $1,625,000 $1,550/mo | Jul 29, 2021 Sold | Apr 19, 2022 264 days | $1,625,000 - | ||
2 | 2 | 1,093 | $1,335,000 $1,216/mo | May 13, 2021 Sold | Sep 8, 2021 118 days | $1,370,000
+2.62%
| ||
2 | 2 | 1,109 | $1,225,000 $1,238/mo | Dec 13, 2020 Sold | May 7, 2021 145 days | $1,325,000
+8.16%
| ||
2 | 4 | - | $1,290,000 $1,193.74/mo | Sep 10, 2020 Sold | May 28, 2021 260 days | $1,220,000
-5.43%
| ||
3 | 2 | - | $1,899,000 -/mo | Jun 4, 2020 Expired | - - | - - | - |
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Listed by: Thomas Blaze Lattanzio
Nest Seekers International
Last Updated: 11 days ago
Data Source: REBNY (©2023 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 REBNY Listing Service, Inc. All rights reserved.
Nest Seekers International
Last Updated: 11 days ago
Data Source: REBNY (©2023 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
