$650,000
Updated 11 years ago
Sold

5SL

5-09 48th Ave, 8-G

Long Island City, Queens | Vernon Blvd & 5th Street

Studio 1 Bath513 Square FeetCondo

$650,000
Common Charges$473
RE Taxes$47
Price Per SF
$1,267

This property was sold for $640,000 on 08/28/15.

Listing Features

  • High Ceilings [9']
  • Walk-in Closet
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Trash Compactor

Outdoor space and views

  • Private Roof
  • Terrace
  • North Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Cold Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garage
  • Garden
  • Laundry Room
  • Playroom
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 5-09 48th Ave, 8-G

Luxury living at 5th Street Lofts located in the heart of LIC - NEW TO MARKET this rare find penthouse studio with a 230 Sq Ft private terrace up on your own staircase. This charming unit offers plenty storage place including 2 large closets and a walk in closet. Maple hardwood flooring and Bosch washer/dryer in the unit. Great for investment.

The luxury state of the art gourmet kitchen comes with Caesar stone counter tops and an over-sized kitchen island / breakfast bar, Glass tile back splash, Dark wood cabinetry, Liebherr refrigerator, freezer with ice maker, Bosch ranges, microwave and dishwasher, garbage disposal and Kohler fixtures.

5SL is a full service condo built by Toll Brothers, the nations leading luxury home builder. Building features 24-hour concierge, a fitness center, common rooftop terrace & common garden, children’s playroom, refrigerated storage in lobby, bicycle storage, live-in super and pet friendly. Low common charge and 15 year 421-A tax abatement in place.

Long Island City is a high demand destination neighborhood and this lofts building located right in the heart of this most desirable neighborhood, surrounded by Bistro, Restaurants, cafes, retail, steps to Duane Reade, Food Cellar supermarket, boutiques, the waterfront promenade and Gantry Plaza State Park, children’s playground, dog runs, sports field and more. Walks to subway 7 Train Vernon Blvd, 1 stop with just 5 minutes to Grand Central Manhattan.

Listing History for 5-09 48th Ave, 8-G

Now
08/28/2015
$640,000
Sold and Closed by Helen Lee Elias
Modern Spaces, LLC
06/18/2015
Contract Signed by Helen Lee Elias
Modern Spaces, LLC

Building Details for 5-09 48th Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelConcierge
AgePost-War
AccessElevator
Financing Allowed90%
Floors/Apts8/120
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.17 miles
21 St
0.31 miles
Hunters Point Av
0.38 miles

Railroad

Long Island CityLong Island Rail Road
0.25 miles
Hunterspoint AvenueLong Island Rail Road
0.48 miles

Citi Bike

48 Ave & 5 St
0.03 miles
Center Blvd & 48 Ave
0.11 miles

Ferry

Long Island City
0.29 miles
Hunters Point South
0.36 miles

Contact Agents

Contact Agents

Helen Lee Elias
Modern Spaces, LLC
Mary Beth McGill
Modern Spaces, LLC

Long Island City | Queens

Quick Profile

Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.

 LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south. 

 A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.  

 Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.

 Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.

 As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.

 For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 420320