5-09 48th Avenue, #2-C, Queens (Long Island City), NY, 11101 | $1,485,000

All open houses are by appointment only. Advanced registration is required.

Introducing Residence 2C, a spacious and thoughtfully designed south-facing split two-bedroom, two-bathroom home situated along the coveted waterfront in Long Island City. Spanning just under 1, 100 square feet, this residence offers an ideal layout that balances comfort, privacy, and functionality.

The open-concept kitchen is outfitted with premium stainless steel appliances and the convenience of an in-unit washer and dryer. The generously sized primary suite easily accommodates a king-sized bed and features two closets, providing ample storage.
Residents of 5SL Condominium enjoy a full suite of amenities, including a 24-hour attended lobby, state-of-the-art fitness center, children’s playroom, and multiple outdoor spaces.

Located within the sought-after 5SL Condominium in Hunters Point South, the building offers unparalleled convenience. Commuting is seamless with close proximity to the Ed Koch Queensboro Bridge, LIE/Midtown Tunnel, BQE, and Pulaski Bridge. Public transportation options are abundant, including the 7 train just minutes away for a quick commute to Manhattan, as well as nearby E, M, and G subway lines and two NYC Ferry landings.

The neighborhood offers a vibrant mix of dining, retail, and daily conveniences, including Trader Joe’s and Target. Just one block away, Gantry Plaza State Park offers iconic waterfront promenades and sweeping Manhattan skyline views, completing this exceptional lifestyle offering.

Some photos have been virtually staged.

Features

  • Town: Queens
  • Cooling: Central
  • Levels: 8
  • Amenities: Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room; Nursery; Roof Deck; Cold Storage; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: 5SL
  • Year Built: 2008
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • Built Size: 260'x190'
  • OLR#: 00011538559
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /prop/00011538559/50948thavenue_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Modern Spaces, LLC

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Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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5-09 48th Avenue, #2-C, Queens (Long Island City), NY, 11101

$1,485,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,188,000 $1,188,000 $1,188,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,652 $7,218 $9,945
Total Monthly Payment $6,777 $7,343 $10,070

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.