--- title: "5-09 48th Avenue #2C, New York City, NY 11101" description: "5-09 48th Avenue #2C, New York City, NY 11101 — Hunters Point, New York City, NY. Listing Price $1,399,900. 2 bed, 2 bath, 1,048 sqft Illustrative Buyer Commission Share of $20,999 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-09-48th-avenue-2c-ny-11101" source: "Real Estate Rebate Team" dateModified: "2026-10-15T23:27:16.232Z" status: "Active" --- # 5-09 48th Avenue #2C, New York City, NY 11101 Hunters Point, New York City, NY Courtesy of Serhant Last updated: October 15, 2026, 7:27 PM ## At a Glance - **Listing Price**: $1,399,900 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,048 - **Common Charges**: $1,300 / mo - **Price per Sqft**: $1,336 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares up to 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,399,900 - **Illustrative Buyer Commission Share**: -$20,999* - **Illustrative Net Cost**: $1,378,901 *Illustrative Buyer Savings of $20,999 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/26b37ba4-e42c-449b-a00e-b3a865b8d2c7.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/973850b6-6b66-47ec-bcf6-5e7e180bb588.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32962df0-4e67-47a9-b55d-0aa7ce1b0f83.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc607117-0774-4a1e-8498-2360311205bb.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/691d7f02-2d05-4e19-9dcd-8fc73c05c51d.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/287454cb-ff13-422c-97dc-ff0d06b2e29b.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/28310c15-da69-4969-9395-9cb607a4d771.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f928b1d5-7a2f-4fb6-bfaa-778e63e19699.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11843676-bde5-4b6c-83dc-ca7d175d1372.jpg) ![5-09 48th Avenue #2C, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3ffbd83-39af-4bbe-a814-c391bc285680.jpg) ## Property Overview Photos have been virtually staged. SUN-FILLED TWO-BEDROOM AT 5SL Welcome to Residence 2C at 5-09 48th Avenue, a bright two-bedroom, two-bathroom condominium in Long Island City's Hunters Point neighborhood. This approximately 1,048-square-foot home enjoys southern exposure, filling the interior with beautiful natural light throughout the day. The open kitchen features stainless steel appliances and a breakfast bar overlooking the living and dining area. A split-bedroom layout provides privacy, with a spacious main bedroom featuring two closets and an en-suite bathroom. A second bedroom, second full bathroom, and in-unit washer and dryer complete the home. 5th Street Lofts offers a 24-hour attended lobby, concierge service, fitness center, playroom, landscaped roof decks, and a garden courtyard. Enjoy Hunters Point's vibrant mix of waterfront parks, restaurants, and neighborhood conveniences. Gantry Plaza State Park and Hunter's Point South Park offer green space and Manhattan skyline views. Dining options include Casa Enrique, American Brass, and the restaurants and cafés along Vernon Boulevard, with Foodcellar Market and Dumbo Market providing everyday grocery options. Transportation includes the 7 train at Vernon Boulevard-Jackson Avenue, one stop from Grand Central, and NYC Ferry service at Hunters Point South with connections to Manhattan and Brooklyn ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,048 sqft - **Stories**: 8 - **Year Built**: 2008 - **Price per Sqft**: $1,336 - **Common Charges**: $1,300 / Monthly - **Listed On**: Oct 15, 2026 - **Days on Market**: 12 Days ### Residence Features - Building Other - In Unit - Building Courtyard - Building Roof Deck - Park/Greenbelt - Skyline ## Estimated Monthly Payment **$8,379 / month**, assuming a 20% down payment ($279,980), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,079 - **Common Charges**: $1,300 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 4 apartments at 5th Street Lofts (5 have recorded sales since October 2021, the most recent for $642,500 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3C (Apartment) | Studio | 554 | $642,500 | $1,160/ft² | July 28, 2026 | City record | | 3-A (Apartment) | 2 | 1,400 | $1,750,000 | $1,250/ft² | November 20, 2023 | MLS | | 2-A (Apartment) | 1 | 754 | $838,000 | $1,111/ft² | October 16, 2023 | City record · MLS | | 5A (Apartment) | — | 1,062 | $1,570,000 | $1,478/ft² | June 29, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $1,399,900 - **Median sold price**: $1,522,193 - **Difference**: -$122,293 (-8%) - **This home, $/ft²**: $1,336 - **Median $/ft²**: $1,517 - **Comparable sales**: 106 - **Sales from**: October 2024 – September 2026 - **Middle half of those sales**: $1,316,761 – $1,650,000 Based on condo two-bedroom sales in Long Island City. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Long Island City instead. ### How these sales were negotiated - **Sale-to-list price**: 98.9% (88 sales) - **Sold below asking**: 57% (88 sales) - **Typical time to find a buyer**: 55 days (89 sales) - **Typical time to close**: 64 days (88 sales) Based on condo two-bedroom sales in Long Island City with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house two-bedroom sales in Long Island City | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,266,498 | 20 | | 2018 | $1,272,813 | 23 | | 2019 | $1,410,980 | 70 | | 2020 | $1,344,090 | 43 | | 2021 | $1,433,000 | 207 | | 2022 | $1,380,268 | 90 | | 2023 | $1,437,866 | 90 | | 2024 | $1,410,037 | 60 | | 2025 | $1,480,000 | 56 | | 2026 YTD | $1,570,000 | 41 | Based on recorded condo and house two-bedroom sales in Long Island City. 2026 is year-to-date. Sales data through September 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 5th Street Lofts (5](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5th-street-lofts-5) ## About The Building ### 5th Street Lofts (5 5-26 47th Road, Hunters Point, NY 11101 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2008 - **Active Units**: 1 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5th-street-lofts-5) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2C](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-09-48th-avenue-2c-ny-11101) | 2 | 2 | 1,048 sqft | $1,336 | $1,399,900 | Serhant | Oct 15, 2026 | 11 days | | [3C](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-26-47th-road-3c-ny-11101) | Studio | 1 | 554 sqft | $1,173 | $650,000 — In contract | Serhant | Mar 19, 2026 | 221 days | ## Long Island City Overview of Long Island City [Explore Long Island City](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hunters Point - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) - [Sunnyside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside) - [Astoria real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria) - [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) - [Woodside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/woodside) - [Upper East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) ## Related Links - [5th Street Lofts (5 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5th-street-lofts-5) - [Long Island City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.