5-09 48th Avenue, #7F, Queens (Long Island City), NY, 11101 | $2,750,000

Bathed in natural light from dawn until dusk, this sophisticated double-exposure residence offers a rare combination of refined interiors and a private outdoor sanctuary. The homes layout maximizes its eastern and western exposures, ensuring the two additional bedrooms are flooded with morning light while the main living areas remain bright and airy all day long. The chefs kitchen is outfitted for the serious cook, featuring a brand-new Summit refrigerator, a Bosch range, dishwasher, and microwave, complemented by dark wood cabinetry and a garbage disposal. Cleverly integrated, hidden storage in the living room maintains a sleek aesthetic, while a full-sized LG washer and dryer, designer lighting sconces, and custom shelving throughout ensure every modern convenience is met.

The standout feature of this home is the massive 1, 074-square-foot private terrace, providing a level of outdoor space that is truly a rarity in Long Island City. Accessible directly from the primary suite and living space, this expansive retreat comes complete with its own BBQ grill, offering a perfect setting for large-scale entertaining, alfresco dining, or peaceful relaxation under the sun. It transforms the apartment into a true indoor-outdoor haven, effectively doubling your usable living space.

The primary suite itself comfortably accommodates a king-sized bed and is further enhanced by a massive walk-in closet and a second custom-built closet, both featuring premium Elfa shelving. The renovated ensuite bathroom feels like a personal spa, boasting a limestone double vanity and a custom-tiled steam shower with a built-in bench.

Positioned in the highly sought-after 5SL building, residents enjoy the luxury of a 24-hour doorman and a prime location that is truly unbeatable. You are just one block from the East River and the sprawling waterfront park, offering immediate access to playgrounds, green spaces, and two ferry stops for quick commutes to Brooklyn and Manhattan. For subway access, the 7 train is two blocks away, placing you just one stop from Grand Central and the heart of Midtown.

Reach out today to experience this light-filled gem in person!





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: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: 5SL
  • Year Built: 2008
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Concierge
  • Doorman: FullTime
  • LobbyAttendant: Yes
  • Built Size: 260'x190'
  • OLR#: RLS20087973
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/RLS20087973/50948thavenue_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 Serene Powers Real Estate LLC

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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
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5-09 48th Avenue, #7F, Queens (Long Island City), NY, 11101

$2,750,000

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 $2,200,000 $2,200,000 $2,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,491 $13,546 $18,565
Total Monthly Payment $12,616 $13,671 $18,690

* 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.