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Citylights
4-74 48th Ave, 23-K
Long Island City, Queens | Center Blvd & 5th Street
3 Rooms1 Bed1 Bath699 Square FeetCondop [Land-Lease]
$490,000
$490,000
Updated 12 years ago
Sold

Citylights

4-74 48th Ave, 23-K

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

3 Rooms1 Bed1 Bath699 Square FeetCondop [Land-Lease]

$490,000
Price Per SF
$701

This property was sold for $485,000 on 09/16/14.

Listing Features

  • Abundant Closets
  • High Ceilings
  • Wall Mounted TV
  • Oversized Windows
  • Dishwasher
  • Pass Thru Kitchen

Outdoor space and views

  • East River
  • Skyline Views
  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Sauna

Policies

  • Pets Allowed
  • Pieds A Terre Ok
  • No Smoking

Property Description for 4-74 48th Ave, 23-K

JUST RELEASED*LARGE SUNNY 700SF 1BR HOME ON LIC'S WATERFRONT**Here is your opportunity to purchase this large sunny 1br/1ba. This is the least expensive 1br in all of LIC at an asking price is $490,000. Apartment is approximately 700 square feet, has southern exposure that allows for great light all times of the day, views of the East River and Manhattan skyline, 3 large closets with great storage space, a monthly maintenance of $1200 that is 44% tax deductible. Apartment features oversized windows, high ceilings, hardwood floors, ample closet space, bright and spacious layout. Citylights is a 522-unit, full service cond-op built in 1997, pet friendly and provides residents with 24-hour concierge, a high-tech fitness center, sauna, landscaped rooftop, two tennis courts, bicycle storage, private storage, live-in super, laundry room, and on-site covered parking. This building is financially sound, investor friendly, has NO Board Approval, and has not had an assessment in the last 15 years. Long Island City draws interest from the city's pioneering art community and Manhattan professionals alike, and is fast transitioning from factories to fabulous. Only one stop & 5 minutes away from Midtown, LIC has quickly became a high demand destination neighborhood with its many cultural hubs and legendary Manhattan skyline views. Everything you need is within walking distance, the waterfront promenade and Gantry Plaza State Park, children's parks, dog runs, basketball courts, Queens West sports field, Food Cellar Market, Duane Reade, Dunkin Donuts, restaurants, cafés, retail, and much more. Please contact me to schedule a private viewing.

Building Details for 4-74 48th Ave

OwnershipCondop [Land-Lease]
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1997
Financing Allowed90%
Floors/Apts42/522
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.24 miles
21 St
0.39 miles
Hunters Point Av
0.46 miles

Railroad

Long Island CityLong Island Rail Road
0.23 miles

Citi Bike

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

Ferry

Long Island City
0.26 miles
Hunters Point South
0.29 miles

Contact Agent

Contact Agent

Christopher Austad
Douglas Elliman

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.

More

Featured on the Linecity Blog

The MEDIAN

Manhattan| September 2023

According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000.  The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022.  The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%.  ...

posted on December 30, 2023
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: 533355
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