5-09 48th Avenue, Unit 2P

Long Island City

$1,499,000
Last Sold Price
2
Beds
1,086 Sq. Ft.
$1,380 / Sq. Ft.
1,086
Sq. Ft.
$1,380
per Sq. Ft.

Description

Welcome to Residence 2P at 5th Street Lofts, the premiere LIC condo located on the corner of 5th Street & 48th Ave, just one block to the Long Island City Waterfront.
This nearly 1100 sqft spacious, beautifully maintained split 2 Bedroom, 2 Bath home has a one-of-a-kind 650+ SQFT PRIVATE YARD all on the same level!
Floor-to-ceiling windows offer abundant natural light throughout the day in each room of the home. The spacious open kitchen has a high-end stainless steel appliance package, caesar-stone
...Welcome to Residence 2P at 5th Street Lofts, the premiere LIC condo located on the corner of 5th Street & 48th Ave, just one block to the Long Island City Waterfront.

This nearly 1100 sqft spacious, beautifully maintained split 2 Bedroom, 2 Bath home has a one-of-a-kind 650+ SQFT PRIVATE YARD all on the same level!

Floor-to-ceiling windows offer abundant natural light throughout the day in each room of the home. The spacious open kitchen has a high-end stainless steel appliance package, caesar-stone countertops, Kohler fixtures with kitchen sink garbage disposal and ample storage.

The main bedroom is X-Large & offers a massive walk-in closet and a generous en-suite bathroom with double vanity. The secondary bedroom is nearly as large as the main bedroom and has its own full-length closet. A split bedroom layout offers the utmost privacy.

Enjoy a relaxing and truly seamless indoor/outdoor living experience with your very own 650+ private yard off of the living/dining area. Your very own fenced yard for private gatherings, entertainment, BBQs or sun-bathing without having to leave your apartment! Yard is equipped with Large waterproof storage sheds for extra storage and its own sprinkler system in case you prefer a lush manicured lawn.

A private deeded parking space is also available for additional 100K.

5SL Condominium features a 24-hour concierge, newly renovated fitness center, playroom, rooftop terrace, common courtyard, bike storage & Resident Manager. This pet-friendly building is conveniently located on a residential block in the prime Hunters Point waterfront neighborhood, only one short block from the new LIC Landing park promenade, East River Ferry, children’s playgrounds, dog parks, restaurants and bars. The Vernon/Jackson stop of the 7 train is also one block away making a commute getting to Manhattan a breeze. 421-a tax abatement is in place until June 30th, 2024.

**Some photos are virtually staged

Listing Agents

  1. Jessica Meis

    Jessica Meis

    Listing Agent

    Compass

    jessica.meis@compass.com

    P: (646)-460-5311

  2. Gilbert Morales

    Gilbert Morales

    Alternative Listing Agent

    Compass

    gilbert@compass.com

    P: (917)-805-6656

Amenities

  • Primary Ensuite
  • Concierge
  • Open Views
  • Private Yard
  • Common Roof Deck
  • Barbecue Area
  • Common Garden
  • Common Outdoor Space
LISTING UPDATED: 07/13/2022 09:21 PM

Property Details for 5-09 48th Avenue, Unit 2P

StatusSold
MLS IDH6170696
Days on Market70
Taxes$328 / month
Common Charges$1,202 / month
Min. Down Pymt10%
Total Rooms5.0
Compass TypeCondo
MLS TypeCondominium
Year Built2008
CountyQueens County
Buyer's Agent Compensation2.5%

Building

5SL

118 Units8 StoriesBuilt in 2008

Location

Add your commute

Virtual Tour

Building Information for 5-09 48th Avenue, Unit 2P

Building/Complex5SLFloor2Stories8Residences118Pet PolicyAllowedPet Policy Details-Year Built2008Building AgePost-war

Payment Calculator

$10,366 per month

30 year fixed, 6.845% Interest

Principal and Interest

$8,836

Property Taxes

$328

Maintenance/Common Charges

$1,202

The Payment Calculator is for illustrative purposes only.

Property History for 5-09 48th Avenue, Unit 2P

DateEvent & SourcePriceAppreciationLink
Jul 13, 2022

Sold

Manual

$1,599,000
Jul 13, 2022

Sold (Public Record)

ACRIS #2022072001233002

$1,499,000

+3.7% / yr

May 13, 2022

Contract Signed

Manual

Mar 4, 2022

Listed (Active)

Manual

$1,650,000
Jun 10, 2008

Sold (Public Record)

ACRIS #2009012000758001

$897,068
DateEvent & SourcePrice
07/13/2022

Sold

Manual

$1,599,000
07/13/2022

Sold (Public Record)

ACRIS #2022072001233002

$1,499,000

+3.7% / yr

05/13/2022

Contract Signed

Manual

03/04/2022

Listed (Active)

Manual

$1,650,000
06/10/2008

Sold (Public Record)

ACRIS #2009012000758001

$897,068

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5-09 48th Avenue, Unit 2P

Taxable ValueLand-Additions-Total-
Home Facts
APN4000301030

Schools near 5-09 48th Avenue, Unit 2P

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
P.S. 78
PublicPK to 8

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

Hector Figueroa School (The)
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.