5-09 48th Ave #5R

Condo in Hunters Point
In Contract
 for Sale at 5-9 48th Avenue, Long Island City, NY 11101

9

 for Sale at 5-9 48th Avenue, Long Island City, NY 11101
 for Sale at 5-9 48th Avenue, Long Island City, NY 11101
 for Sale at 5-9 48th Avenue, Long Island City, NY 11101
$1,398,000
2
Beds
2
Baths
Half Bath
1,093
Ft²
$1,279
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
3.44%
Est. Monthly
$8,351
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 5-R a Sophisticated & Pristine 1093sqft of Interior Living that Seamlessly Boasts a Modern Open & Airy Layout Designed with a Desirable Split Two-Bedroom/Two-Bath Floor Plan.

The Moment you Enter this Beautiful Home You Will be Enveloped by your Open Living Space and Greeted with Natural Light Streaming in Through the Wall-to-Wall Windows that Accentuates the Open Kitchen and Dining Layout and Creates a Perfect Invitation for getting together with Family and Friends or Mastering your Daily Productivity that...

Building Features

Parking

Garage Parking

Facilities

Bike RoomFitness CenterStorage AvailableLaundry Room

Outdoor Space

GardenCourtyardRoof DeckTerrace

Laundry

Washer / Dryer Allowed

Community Features

Facilities

Health Club

Home Features

HVAC

Central A/C

Laundry

Washer / Dryer in Unit

Interior

New Windows

Exposure

North Exposure

Price History

Date/EventEventPrice
Mar 14, 2023 In contractIn contract-
Jan 31, 2023 Listed by Nest Seekers InternationalListed by Nest Seekers International$1,398,000
Jul 30, 2008 SoldSold$826,809

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$65,940
ExpensesPer Year
$17,844
Operating ProfitPer Year
$48,096
Cap rate
3.44%

Price Estimate

$1,642,000$1,406,442$1,170,884
20232024202520262027
Current Asking Price

$1,398,000

HopScore Market Price

$1,406,442

The current asking price is $8,442.16 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
2
2
1,086 ft²
$1,472/ft²
$1,599,000
$1,528/mo
Sold
Condo
2
2
1,114 ft²
$1,239/ft²
$1,380,000
$1,192/mo
Sold
Condo
2
2
1,093 ft²
$1,253/ft²
$1,370,000
$1,216/mo
Sold
Condo
2
2
1,106 ft²
$1,219/ft²
$1,348,000
$1,111/mo
Sold
Condo
2
2
1,109 ft²
$1,105/ft²
$1,225,000
$1,238/mo

Payment Calculator


Building Info

5sl5-9 48th Avenue, Long Island City, NY 11101
  • 180 Units
More about this Building
5-9 48th Avenue
Want to find out who owns 5-9 48th Avenue, Long Island City, NY 11101? Get detailed property transactions here .

Neighborhood

About Hunters Point

Stats & Trends

The median asking price in Hunters Point is $750,000.
  • Median Asking

    $750,000
  • Sale Price/ft²

    $767.89
  • Above Asking

    0.62%
  • Days on Market

    105

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
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
-
-
-
-
-
Stu
1
503
$659,000
$489/mo
Mar 28, 2019
Sold
Jul 29, 2019
123 days
$638,000
-3.19%

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Unit #5R, 5-9 48th Avenue, Long Island City, NY 11101


Frequently Asked Questions

What is the median home price in Northwestern Queens?
The median home price in Northwestern Queens is $609,000, or $1,056/sqft. When you buy a home in Northwestern Queens, you can expect to pay between $375,000 to $1,180,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Northwestern Queens?
The median home price for a studio in Northwestern Queens is $254,000, or $1,250/sqft.
What is the median home price for a One-Bedroom in Northwestern Queens?
The median home price for a one-bedroom home in Northwestern Queens is $368,000, or $1,146/sqft.
What is the median home price for a Two-Bedroom in Northwestern Queens?
The median home price for a two-bedroom home in Northwestern Queens is $532,500, or $1,261/sqft.
What is the median home price for a Three-Bedroom in Northwestern Queens?
The median home price for a three-bedroom home in Northwestern Queens is $895,000, or $765/sqft.
What is the median home price for a Four+ Bedroom in Northwestern Queens?
The median home price for a four+ bedroom home in Northwestern Queens is $1,450,000, or $543/sqft.
What is the breakdown of listings by bedroom count in Northwestern Queens?
There are currently 2,003 available properties for sale in Northwestern Queens. Of those, 6.99% are studio listings, 33.05% are one-bedroom listings, 25.76% are two-bedroom listings, 11.23% are three-bedroom listings, and 22.97% are four+ bedroom listings.
What is the breakdown of listings by property type in Northwestern Queens?
There are currently 483 condos, 173 houses, 68 townhouses, and 419 multifamilies located in Northwestern Queens. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Northwestern Queens?
The least expensive property sold in Northwestern Queens for $3,300.
Now, what is the most expensive property sold in the past 12 months in Northwestern Queens?
The most expensive property sold in Northwestern Queens for $6,995,000.
How long on average are properties in Northwestern Queens on the market?
Based on our collected data, properties in Northwestern Queens are on the market for a median time of 105 days.

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