--- title: "4-74 48th Avenue Condos for Sale in Queens | Buyer Savings" description: "View active listings, prices, and amenities at 4-74 48th Avenue, located at 4-74 48th Avenue, Long Island City, NY 11109 in Queens. Buy a condo with Buyer Advantage savings." url: "https://realestaterebatesnewyork.com/buildings/new-york-city/queens/4-74-48th-avenue" source: "Real Estate Rebate Team" dateModified: "2026-09-11T12:27:34.550Z" --- # 4-74 48th Avenue 4-74 48th Avenue, Long Island City, NY 11109 Long Island City · Condop · Built 1997 Availability last updated: September 11, 2026, 8:27 AM ## At a Glance - **Active Units**: 9 Units - **Starting Price**: $510,000 - **Property Type**: Condop - **Year Built**: 1997 ## Building Overview 4-74 48th Avenue is a residential building in Long Island City. It is near the waterfront. ## Illustrative Buyer Savings **$11,760 at Closing** Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction. Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities. **Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335. [Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%204-74%2048th%20Avenue) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Key Building Details - **Year Built**: 1997 - **Stories / Floors**: 42 - **Neighborhood**: Long Island City - **Active Listings**: 9 units ## Building Amenities - Central Air - Common Area - Building Roof Deck - Pets: Building Yes - Pets: Yes ## Active Residence at 4-74 48th Avenue 9 Active Residences Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage) | Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [4-74 48th Avenue #8-F](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--f-8F-ny-11109) | Condop | 1 | 1 | 700 ft² | $510,000 | Pending | $7,650* | R New York | | [4-74 48th Avenue #35-F](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--f-35F-ny-11109) | Condop | 1 | 1 | 863 ft² | $649,000 | Closed | $9,735* | Modern Spaces | | [4-74 48th Avenue #7-E](https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens/11109/4-74-48th-avenue--e-7E-ny-11109) | Condop | 2 | 1 | 800 ft² | $765,000 | Closed | $11,475* | Modern Spaces | | [4-74 48th Avenue #PH-1H](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-ph-1h-PH1H-ny-11109) | Condop | 1 | 1 | 700 ft² | $595,000 | Pending | $8,925* | Modern Spaces | | [4-74 48th Avenue #15-E](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--e-15E-ny-11109) | Condop | 2 | 1 | 760 ft² | $784,000 | Pending | $11,760* | Modern Spaces | | [4-74 48th Avenue #9-N](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-9n-ny-11109) | Condop | 1 | 1 | — | $598,000 | Active | $8,970* | EXP Realty NYC | | [4-74 48th Avenue #14-M](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-14m-ny-11109) | Condop | 1 | 1 | 700 ft² | $585,000 | Active | $8,775* | Modern Spaces | | [4-74 48th Avenue #35-E](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-35e-ny-11109) | Condop | 1 | 1 | 683 ft² | $595,000 | Active | $8,925* | Modern Spaces | | [4-74 48th Avenue #5-A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-5a-ny-11109) | Condop | Studio | 1 | 570 ft² | $550,000 | Active | $8,250* | Modern Spaces | > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## Sales History for 4-74 48th Avenue 376 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed. | Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On | | --- | --- | --- | --- | --- | --- | --- | --- | | 7-E | 2 | 1 | 800 | $750,000 (-2%) | $938 | $765,000 | Sep 9, 2026 | | 35-F | 1 | 1 | 863 | $640,000 (-1.4%) | $742 | $649,000 | Sep 4, 2026 | | 27A | 2 | 2 | 1,050 | $920,000 | $876 | — | Sep 2, 2026 | | 3-BB | 0 | 1 | 505 | $460,000 (-5.7%) — Public record | $911 | $488,000 | May 15, 2026 | | 17J | — | — | — | $665,000 — Public record | — | — | May 14, 2026 | | 35-L | 2 | 2 | 1,150 | $800,000 (-7.5%) — Public record | $696 | $865,000 | Apr 2, 2026 | | 21-N | 1 | 1 | 800 | $680,000 (-2.9%) — Public record | $850 | $699,990 | Mar 20, 2026 | | PH2B | 2 | 2 | 1,100 | $895,000 (-3.2%) — Public record | $814 | $925,000 | Jan 29, 2026 | | 25-A | 2 | 2 | 1,050 | $984,000 — Public record | $937 | $984,000 | Jan 12, 2026 | Showing the 9 most recent of 376 closings. The full record is on the building page. Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing. The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## Property Tax History Property taxes for the co-op corporation at 4-74 48th Avenue were $0 in 2026. These figures are for the entire building across all 522 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $46,107,450 | $6,349,950 | $39,757,500 | $46,107,450 | $0 | 12.5% (estimated) | | 2025 (FY 2025/26) | $43,128,000 | $6,349,950 | $36,778,050 | $43,128,000 | $0 | 12.5% (estimated) | | 2024 (FY 2024/25) | $40,179,600 | $6,349,950 | $33,829,650 | $40,179,600 | $0 | 12.5% | | 2023 (FY 2023/24) | $39,861,900 | $6,349,950 | $33,511,950 | $39,861,900 | $0 | 12.502% | | 2022 (FY 2022/23) | $39,730,050 | $6,349,950 | $33,380,100 | $39,730,050 | $0 | 12.267% | | 2021 (FY 2021/22) | $42,606,900 | $6,349,950 | $36,256,950 | $42,606,900 | $0 | 12.235% | | 2020 (FY 2020/21) | $47,887,200 | $4,535,550 | $43,351,650 | $47,887,200 | $0 | 12.267% | | 2019 (FY 2019/20) | $40,748,400 | $3,724,200 | $37,024,200 | $33,120,750 | $0 | 12.473% | | 2018 (FY 2018/19) | $45,708,750 | $3,724,200 | $41,984,550 | $30,898,800 | $0 | 12.612% | | 2017 (FY 2017/18) | $43,600,500 | $3,724,200 | $39,876,300 | $25,782,930 | $0 | 12.719% | | 2016 (FY 2016/17) | $23,259,600 | $792,000 | $22,467,600 | $20,342,520 | $0 | 12.892% | | 2015 (FY 2015/16) | $21,795,750 | $792,000 | $21,003,750 | $18,836,640 | $0 | 12.883% | | 2014 (FY 2014/15) | $20,129,400 | $792,000 | $19,337,400 | $18,986,490 | $0 | 12.855% | | 2013 (FY 2013/14) | $20,129,400 | $792,000 | $19,337,400 | $15,348,510 | $0 | 13.145% | | 2012 (FY 2012/13) | $16,398,450 | $931,500 | $15,466,950 | $15,381,630 | $0 | 13.181% | | 2011 (FY 2011/12) | $15,730,200 | $931,500 | $14,798,700 | $22,451,940 | $0 | 13.433% | | 2010 (FY 2010/11) | $22,545,000 | $931,500 | $21,613,500 | $29,655,900 | $0 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 4000180001. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## What to Review Before Buying in 4-74 48th Avenue Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements. 1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value. 2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture. 3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing. ## Location & Neighborhood 4-74 48th Avenue, Long Island City, NY 11109 ### Long Island City Long Island City (LIC) is the skyline of Queens. Once an industrial powerhouse, it is now a shimmering wall of glass towers facing Manhattan. For buyers seeking Long Island City Queens real estate, it offers luxury high-rise living with the best commute in the borough. Living in LIC is modern and fast. It is a 24/7 neighborhood with waterfront parks, breweries, and art museums. As a Queens NYC neighborhood, it rivals Downtown Brooklyn for density and amenities. The market for homes for sale in Long Island City is dominated by luxury condos. Gleaming towers like Skyline Tower offer resort-style amenities. There are also converted lofts in the Hunter's Point and Dutch Kills sections. The lifestyle in LIC is convenient. Residents can be in midtown Manhattan in 5 minutes. The community is a mix of young professionals, artists in the remaining lofts, and families enjoying the waterfront. LIC is a transit hub. Served by the 7, N, W, R, M, E, F, and G trains, plus the NYC Ferry. It is arguably the most connected neighborhood in NYC outside of Manhattan. Gantry Plaza State Park is one of the best parks in the city, famous for its Pepsi-Cola sign and Manhattan views. Amenities: A exploding restaurant scene on Vernon Blvd and breweries like Fifth Hammer. LIC is best for Manhattan commuters, view seekers, and lovers of modern luxury. - [Long Island City Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) - [Browse Long Island City Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/long-island-city-queens) - [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Frequently Asked Questions ### Where is 4-74 48th Avenue? It is in Long Island City, Queens. Have questions about 4-74 48th Avenue? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com) ## Considering a Residence at 4-74 48th Avenue? Speak with Régis before you tour, negotiate, or submit an offer. 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