$1,799,999
Updated 6 years ago
Off Market

5SL

5-09 48th Ave, 3-M

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

Loft 5 Rooms3 Beds2 Baths1,595 Square FeetCondo

$1,799,999
Common Charges$1,457
RE Taxes$113
Price Per SF
$1,129

Listing Features

  • Abundant Closets
  • BuiltIns
  • Entry Foyer
  • High Ceilings [9']
  • Walk-in Closet
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Trash Compactor
  • Windowed Kitchen
  • Double Vanity
  • Soaking Tub

Outdoor space and views

  • Garden Views
  • East Exposure
  • West 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, 3-M

The only Toll Brothers project in Long Island City, Fifth Street Lofts is a full-service, pet friendly, boutique condominium in the heart of LIC. 5SL is one block from Gantry Plaza State Park, the iconic Pepsi Cola sign, the LIC waterfront promenade, and a block off Vernon Blvd. Situated three blocks from the Vernon-Jackson Stop on the 7 or a short scenic walk to the LIC Ferry landing. This sprawling three bedroom makes excellent use of the 1595 sq ft. The entryway spills into an over sized living room with 9ft ceilings and a dining area. Windowed chefs kitchen with Bosch stove, dishwasher and microwave, Liebherr refrigerator, Allmilmo cabinetry, and an island work space ideal for entertaining. Designed for privacy, the master bedroom is separated from the other two bedrooms which themselves are separated by the second bath. Ample closet space throughout with his and hers walk in closets in the master bedroom. Amenities include attentive staff with 24-hour doorman/concierge, live-in resident super, a large gym, playroom, two roof decks, a garden courtyard with a a bicycle room and cold storage. Enjoy the 421-a tax abatement through June 30, 2024. Phenomenal proximity to all things LIC and Manhattan makes for 10-minute door-to-door commute to Grand Central on the 7 train. 421-A Tax Abatement expires June 30, 2024 2×24 porcelain tile flooring Kohler fixtures Over-sized shower Allmilmo cabinetry Undermount lighting Caesarstone counter tops Glass tile backsplash Liebherr refrigerators Bosch ranges Microwaves Dishwashers InSinkErator garbage disposal Maple hardwood flooring New in unit washer/dryer Limestone double sink vanity Building Amenities: 421-A Tax Abatement expires June 30, 2024 24 hour Concierge Refrigerated storage in the lobby Parking Garage Landscaped roof & common gardens Pet Friendly Fitness Center Children’s Playroom Live-in Super

Listing History for 5-09 48th Ave, 3-M

Now
09/30/2020
POM by Bianca Colasuonno
Compass
07/24/2020
$1,799,999 [-$99,001] [5.2%]
Price Drop by Bianca Colasuonno
Compass

Building Details for 5-09 48th Ave

OwnershipCondo
Building TypeLoft
Service LevelConcierge
AgePost-War
AccessElevator
Year Built2008
Financing Allowed90%
Floors/Apts8/102
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 Agent

Contact Agent

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: 420243