---
title: "4-74 48th Avenue #7-E, New York City, NY 11109"
description: "4-74 48th Avenue #7-E, New York City, NY 11109 — Long Island City, New York City, NY. Listing Price $765,000. In contract 6/5/2026. 2 bed, 1 bath, 800 sqft Illustrative Buyer Commission Share of $11,475 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--e-7E-ny-11109"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 4-74 48th Avenue #7-E, New York City, NY 11109

Long Island City, New York City, NY

Courtesy of Modern Spaces

## At a Glance

- **Listing Price**: $765,000
- **Status**: In contract 6/5/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 800
- **Common Charges**: $2,053 / mo
- **Price per Sqft**: $956
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 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**: $765,000
- **Illustrative Buyer Commission Share**: -$11,475*
- **Illustrative Net Cost**: $753,525

*Illustrative Buyer Savings of $11,475 — 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)

![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad328fc0-bfd2-4a69-8c34-e6c34e4930f8.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/391a2c15-6a8f-440b-a30b-0941a8efc153.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09e92f07-5d21-4e3b-9adb-b45841e0579a.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9cffc24a-5e5c-4ea4-96eb-9609bb359c50.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e36b9df8-70c0-44e3-b459-b09afdf3dabb.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bbe7884-e6ab-4669-a849-089bff5369b5.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5712e6f-4f8d-42f5-9dd7-8208479c078b.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f5e53e0-ab58-41e5-986a-332040abc3dd.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/112d1270-ddc5-42e6-8dc9-839933b624be.jpg)
![4-74 48th Avenue #7-E, New York City, NY 11109 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6fb108e3-5f93-47fe-9893-e10d7ed15dd7.jpg)

## Property Overview

OPEN HOUSES CANCELLED

Welcome to Long Island City! Pick up the keys and move right in! We invite you to schedule a private viewing of this newly renovated, modern, excellent condition, 2-bedroom, 1-bath at Citylights, where you can enjoy breathtaking Manhattan & East River views. This is one of only two buildings directly on the LIC waterfront with apartments available for purchase.

This home has an efficient layout boasting a roomy living/dining room combo; the open chef’s kitchen boasts custom cabinets, complete with top quality Ceaserstone countertops. Stainless steel appliances featuring full sized GE refrigerator, Bosch dishwasher and Samsung chef 5 burner stove with convection & warming/broiler oven. Enjoy your coffee from the custom coffee bar and relax with a glass of wine from Summit wine refrigerator. Perfect for entertaining friends and family.

A large row of closets line the entry foyer – a generous linen closet sits near the bathroom and a wall of closets in the primary king sized bedroom offers abundant space to store your clothes. The spacious living room with great wall space for even the largest of flat screen TV’s. 2nd Bedroom features sliding pocket door so you don’t lose an inch of space! Work from home and zoom in privacy from your home office or 2nd bedroom large enough for a full sized bed

Citylights, Long Island City’s first luxury high-rise residence; designed by famed Argentine-American architect Cesar Pelli. This Condop has NO BOARD INTERVIEW required.

The building comes with amenities galore! Enjoy the outdoor tennis court, FREE GYM – staffed & fully-equipped with 2 Peloton cycles, well maintained cardio machines and Star Trac Fitness Equipment, free weight room, yoga/workout studio, saunas, showers, and lockers. Building amenities also include a 24/7 doorman/concierge, a five-level indoor garage (residents enjoy a reduced rate of only $149/mo), a meeting room, and bike storage.

A Citylights 2 Bedroom home  Total maintenance* of $2,053, is about 24-55% tax-deductible. *Maintenance is inclusive of building’s real estate tax obligation.

Live in Long Island City – Minutes to Midtown!

Enjoy famous NYC skyline sunsets from the comfort of your apartment. Join the VIBRANT NEIGHBORHOOD of Long Island City, close to shops, restaurants, and attractions.

Convenient to the Vernon Boulevard-Jackson Avenue 7 Train Subway with access to E, M, G, and N, NYC Ferry service to Manhattan, and easy access to Long Island Expressway (495 LIE) and BQE. This exciting neighborhood is waiting for your arrival.

## Property Details

- **Property Type**: Condop
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 4
- **Sqft**: 800 sqft
- **Stories**: 42
- **Year Built**: 1997
- **Price per Sqft**: $956
- **Common Charges**: $2,053 / Monthly
- **Listed On**: Apr 30, 2026
- **Days on Market**: 130 Days

### Residence Features

- Wall Unit(s)
- Common Area
- Building Storage
- Building Roof Deck
- Entrance Foyer
- See Remarks
- City
- River

## Sales Evidence

### Recent closed sales

119 apartments at 4-74 48th Avenue have recorded sales since September 2021, the most recent for $640,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [35-F](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--f-35F-ny-11109) (Apartment) | 1 | 863 | $640,000 | $742/ft² | September 4, 2026 | MLS |
| [27A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-a-27A-ny-11109) (Apartment) | 2 | 1,050 | $920,000 | $876/ft² | September 2, 2026 | MLS |
| 3-BB (Apartment) | Studio | 505 | $460,000 | $911/ft² | May 15, 2026 | City record · MLS |
| 17J (Apartment) | — | — | $665,000 | — | May 14, 2026 | City record |
| 35-L (Apartment) | 2 | 1,150 | $800,000 | $696/ft² | April 2, 2026 | City record · MLS |
| 21-N (Apartment) | 1 | 800 | $680,000 | $850/ft² | March 20, 2026 | City record · MLS |
| PH2B (Apartment) | 2 | 1,100 | $895,000 | $814/ft² | January 29, 2026 | City record · MLS |
| 25-A (Apartment) | 2 | 1,050 | $984,000 | $937/ft² | January 12, 2026 | City record · MLS |
| 9L (Apartment) | 1 | 815 | $670,000 | $822/ft² | December 24, 2025 | City record · MLS |
| 17A (Apartment) | 2 | 1,050 | $960,000 | $914/ft² | November 24, 2025 | City record |
| PH3E (Apartment) | 2 | — | $810,000 | — | October 23, 2025 | City record · MLS |
| 2B (Apartment) | Studio | — | $425,000 | — | October 1, 2025 | City record · MLS |
| 8-M (Apartment) | 1 | 690 | $565,000 | $819/ft² | October 1, 2025 | City record · MLS |
| 39J (Apartment) | — | — | $765,000 | — | September 2, 2025 | City record |
| PH-4E (Apartment) | 2 | 1,003 | $720,000 | $718/ft² | August 14, 2025 | City record · MLS |
| 23L (Apartment) | 1 | 815 | $730,000 | $896/ft² | July 31, 2025 | City record · MLS |
| 17B (Apartment) | 2 | — | $950,000 | — | July 15, 2025 | City record · MLS |
| 20H (Apartment) | 1 | 643 | $530,000 | $824/ft² | July 11, 2025 | City record · MLS |
| 38K (Apartment) | 2 | 1,154 | $965,000 | $836/ft² | May 13, 2025 | City record · MLS |
| 15K (Apartment) | 1 | 700 | $535,000 | $764/ft² | April 9, 2025 | City record · MLS |
| 16A (Apartment) | — | — | $850,000 | — | April 7, 2025 | City record |
| 38-E (Apartment) | 1 | 700 | $525,000 | $750/ft² | March 31, 2025 | City record · MLS |
| 26L (Apartment) | 1 | 815 | $734,000 | $901/ft² | March 21, 2025 | City record |
| 31F (Apartment) | 1 | 865 | $610,000 | $705/ft² | March 20, 2025 | City record · MLS |
| 24-E (Apartment) | 1 | 755 | $670,000 | $887/ft² | March 20, 2025 | City record · MLS |
| 35-D (Apartment) | 2 | 1,100 | $835,000 | $759/ft² | January 3, 2025 | City record · MLS |
| 4B (Apartment) | Studio | 420 | $465,000 | $1,107/ft² | December 30, 2024 | City record |
| 29-E (Apartment) | 1 | 700 | $571,000 | $816/ft² | December 3, 2024 | City record · MLS |
| 33E (Apartment) | 1 | 700 | $510,000 | $729/ft² | November 20, 2024 | City record · MLS |
| 21L (Apartment) | 1 | 815 | $730,000 | $896/ft² | October 29, 2024 | City record · MLS |
| 4-S (Apartment) | 1 | — | $535,000 | — | October 28, 2024 | City record · MLS |
| 24M (Apartment) | 1 | 700 | $520,000 | $743/ft² | September 25, 2024 | City record |
| 27J (Apartment) | 1 | 700 | $530,000 | $757/ft² | August 29, 2024 | City record · MLS |
| 36-H (Apartment) | 1 | 863 | $680,000 | $788/ft² | August 27, 2024 | City record · MLS |
| PH-2E (Apartment) | 2 | 1,003 | $860,000 | $857/ft² | August 13, 2024 | City record · MLS |
| 33J (Apartment) | 1 | 700 | $500,000 | $714/ft² | July 31, 2024 | City record · MLS |
| 12C (Apartment) | 1 | 800 | $600,000 | $750/ft² | July 17, 2024 | City record · MLS |
| PH-1C (Apartment) | 1 | 925 | $600,000 | $649/ft² | July 16, 2024 | City record · MLS |
| 4Z (Apartment) | — | — | $538,000 | — | July 15, 2024 | City record |
| 26-H (Apartment) | 1 | 650 | $517,000 | $795/ft² | June 25, 2024 | City record · MLS |

Showing the 40 most recent of 119 recorded sales in this period.

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

The median closed price for comparable two-bedroom sales at 4-74 48th Avenue is $800,000, based on 27 sales between February 2022 and April 2026. This home is asking $765,000, $35,000 below that median. The middle half of those sales closed between $717,500 and $847,500.

- **Median closed price**: $800,000
- **Middle half**: $717,500 – $847,500
- **Based on**: 27 two-bedroom sales at 4-74 48th Avenue
- **Period**: February 2022 – April 2026
- **Median $/ft²**: $759/ft²

Across the 17 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 53% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 98.1% of the original ask
- **Closed below ask**: 53% of 17 sales
- **Listed → in contract**: 67 days (about 10 weeks)
- **In contract → closed**: 86 days (about 12 weeks)

Across the 17 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 53% of them closed below the original ask.

Half of these homes were in contract within 67 days (about 10 weeks) of coming to market, based on the 22 with a recorded listing date.

Once a deal was agreed, closing took a further 86 days (about 12 weeks), based on the 22 with both dates recorded. A co-op board package and its interview account for much of that.

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.

Based on 27 two-bedroom sales at 4-74 48th Avenue, February 2022 – April 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 4-74 48th Avenue, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $794/ft² | 22 |
| 2018 | $724/ft² | 16 |
| 2019 | $714/ft² | 31 |
| 2020 | $649/ft² | 14 |
| 2021 | $656/ft² | 19 |
| 2022 | $683/ft² | 31 |
| 2023 | $736/ft² | 25 |
| 2024 | $780/ft² | 25 |
| 2025 | $822/ft² | 18 |
| 2026 | $850/ft² | 6 |

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 4-74 48th Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/4-74-48th-avenue)

## Price and Property History for 4-74 48th Avenue, Unit 7-E

Review the recorded listing activity for 4-74 48th Avenue, Unit 7-E, including asking-price changes and prior market dates.

- **Entered contract**: June 5, 2026
- **Last sold (recorded)**: $684,000 on December 13, 2023

| Date | Price | Listing event |
| --- | --- | --- |
| June 5, 2026 | $765,000 | Entered contract |
| April 30, 2026 | $765,000 | Listed for sale by Modern Spaces |
| December 13, 2023 | $684,000 | Sold — recorded sale price |
| October 15, 2023 | $699,999 | Entered contract |
| September 5, 2023 | $699,999 | Listed for sale by Modern Spaces |
| January 3, 2018 | $573,500 | Sold — recorded sale price |
| October 28, 2017 | $595,000 | Entered contract |
| September 26, 2017 | $595,000 | Asking price reduced by $40,000, or 6.3% |
| August 22, 2017 | $595,000 | Listed for sale by Nest Seekers International |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 522 apartments. The corporation’s 2026 property tax bill was $0 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 4-74 48th Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/4-74-48th-avenue)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 4-74 48th Avenue

Long Island City · Condop

4-74 48th Avenue, Long Island City, NY 11109

A building in Long Island City, currently featuring 8 active listings.

- **Year Built**: 1997
- **Total Units**: 8
- **Floors**: 42

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/4-74-48th-avenue)

### Available Residences — For Sale (8)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [7-E](https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens/11109/4-74-48th-avenue--e-7E-ny-11109) | 2 | 1 | 800 sqft | $956 | $765,000 — In contract | Modern Spaces | Apr 30, 2026 | 130 days |
| [8-F](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--f-8F-ny-11109) | 1 | 1 | 700 sqft | $729 | $510,000 (-2.9%) — In contract | R New York | Apr 28, 2023 | 1,228 days |
| [35-F](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--f-35F-ny-11109) | 1 | 1 | 863 sqft | $752 | $649,000 | Modern Spaces | Apr 21, 2026 | 139 days |
| [PH-1H](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-ph-1h-PH1H-ny-11109) | 1 | 1 | 700 sqft | $850 | $595,000 — In contract | Modern Spaces | May 15, 2026 | 115 days |
| [15-E](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue--e-15E-ny-11109) | 2 | 1 | 760 sqft | $1,032 | $784,000 (-1.9%) | Modern Spaces | Jun 23, 2026 | 76 days |
| [9-N](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-9n-ny-11109) | 1 | 1 | — | — | $598,000 | EXP Realty NYC | Jul 18, 2026 | 51 days |
| [14-M](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-14m-ny-11109) | 1 | 1 | 700 sqft | $836 | $585,000 | Modern Spaces | Aug 30, 2026 | 8 days |
| [35-E](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11109/4-74-48th-avenue-35e-ny-11109) | 1 | 1 | 683 sqft | $871 | $595,000 | Modern Spaces | Sep 2, 2026 | 5 days |

## Estimated Monthly Payment

**$5,921 / month**, assuming a 20% down payment ($153,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,868
- **Common Charges**: $2,053

Estimates only. Actual payments may vary. Confirm terms with your lender.

## 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 Long Island City

- [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

- [4-74 48th Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/4-74-48th-avenue)
- [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.