4-74 48th Avenue #8-F, New York City, NY 11109

Long Island City, New York City, NYCourtesy of R New York
4-74 48th Avenue #8-F, Long Island City, Queens, NY 11109 - Main property photo
4-74 48th Avenue #8-F, Long Island City, Queens, NY 11109 - Property photo 2 of 11
4-74 48th Avenue #8-F, Long Island City, Queens, NY 11109 - Property photo 3 of 11
4-74 48th Avenue #8-F, Long Island City, Queens, NY 11109 - Property photo 4 of 11
4-74 48th Avenue #8-F, Long Island City, Queens, NY 11109 - Property photo 5 of 11
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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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$510,000
Illustrative Buyer Commission Share-$7,650*
Illustrative Net Cost$502,350
Listing Price
$510,000
In contract 10/3/2023
Common Charges$1,609 / mo
Monthly Taxes
Price per Sqft$729
Brokerage FeeShare Eligible
1
Beds
1
Baths
700
Sqft
Illustrative Buyer Savings
+$7,650*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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Property Overview

Peaceful and large one bedroom with closets extraordinaire and spa like bathroom in an elegant full service Long Island City Waterfront with amazing amenities: tennis courts, landscaped terrace with herb garden, modern gym with sauna and daily classes and a garage with owner's special rate of $150.

Property Details

PROPERTY TYPECondop
BEDS1
BATHS1
ROOMS3
SQFT700 sqft
STORIES42
YEAR BUILT1997
PRICE PER SQFT$729
COMMON CHARGES$1,609 / Monthly
LISTED ONApr 28, 2023
DAYS ON MARKET1239 Days
 

Residence Features

Central Air
Common Area
Building Roof Deck

Estimated Monthly Payment

$4,188/ month
Principal & Interest$2,57962% of totalCommon Charges$1,60938% of total
Down Payment$102,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$2,579
Common Charges
$1,609

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

Sales and market data

Recent sales

120 apartments at 4-74 48th Avenue have recorded sales since September 2021, the most recent for $750,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

Recorded sales at 4-74 48th Avenue, September 2021 – September 2026
7-EApartment2800$750,000$938/ft²September 9, 2026MLS
35-FApartment1863$640,000$742/ft²September 4, 2026MLS
27AApartment21,050$920,000$876/ft²September 2, 2026MLS
3-BBApartmentStudio505$460,000$911/ft²May 15, 2026City record · MLS
17JApartmentBedroom count not recordedSquare footage not recorded$665,000No square footage recorded for this saleMay 14, 2026City record
35-LApartment21,150$800,000$696/ft²April 2, 2026City record · MLS
21-NApartment1800$680,000$850/ft²March 20, 2026City record · MLS
PH2BApartment21,100$895,000$814/ft²January 29, 2026City record · MLS
25-AApartment21,050$984,000$937/ft²January 12, 2026City record · MLS
9LApartment1815$670,000$822/ft²December 24, 2025City record · MLS
17AApartment21,050$960,000$914/ft²November 24, 2025City record
PH3EApartment2Square footage not recorded$810,000No square footage recorded for this saleOctober 23, 2025City record · MLS
2BApartmentStudioSquare footage not recorded$425,000No square footage recorded for this saleOctober 1, 2025City record · MLS
8-MApartment1690$565,000$819/ft²October 1, 2025City record · MLS
39JApartmentBedroom count not recordedSquare footage not recorded$765,000No square footage recorded for this saleSeptember 2, 2025City record
PH-4EApartment21,003$720,000$718/ft²August 14, 2025City record · MLS
23LApartment1815$730,000$896/ft²July 31, 2025City record · MLS
17BApartment2Square footage not recorded$950,000No square footage recorded for this saleJuly 15, 2025City record · MLS
20HApartment1643$530,000$824/ft²July 11, 2025City record · MLS
38KApartment21,154$965,000$836/ft²May 13, 2025City record · MLS
15KApartment1700$535,000$764/ft²April 9, 2025City record · MLS
16AApartmentBedroom count not recordedSquare footage not recorded$850,000No square footage recorded for this saleApril 7, 2025City record
38-EApartment1700$525,000$750/ft²March 31, 2025City record · MLS
26LApartment1815$734,000$901/ft²March 21, 2025City record
31FApartment1865$610,000$705/ft²March 20, 2025City record · MLS
24-EApartment1755$670,000$887/ft²March 20, 2025City record · MLS
35-DApartment21,100$835,000$759/ft²January 3, 2025City record · MLS
4BApartmentStudio420$465,000$1,107/ft²December 30, 2024City record
29-EApartment1700$571,000$816/ft²December 3, 2024City record · MLS
33EApartment1700$510,000$729/ft²November 20, 2024City record · MLS
21LApartment1815$730,000$896/ft²October 29, 2024City record · MLS
4-SApartment1Square footage not recorded$535,000No square footage recorded for this saleOctober 28, 2024City record · MLS
24MApartment1700$520,000$743/ft²September 25, 2024City record
27JApartment1700$530,000$757/ft²August 29, 2024City record · MLS
36-HApartment1863$680,000$788/ft²August 27, 2024City record · MLS
PH-2EApartment21,003$860,000$857/ft²August 13, 2024City record · MLS
33JApartment1700$500,000$714/ft²July 31, 2024City record · MLS
12CApartment1800$600,000$750/ft²July 17, 2024City record · MLS
PH-1CApartment1925$600,000$649/ft²July 16, 2024City record · MLS
4ZApartmentBedroom count not recordedSquare footage not recorded$538,000No square footage recorded for this saleJuly 15, 2024City record

Showing the 40 most recent of 120 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

This home
$510,000
Median sold price
$535,000
Difference
-$25,000 (-4.7%)
This home, $/ft²
$729
Median $/ft²
$750
Comparable sales
49
Sales from
Nov 2021 – Mar 2026

Based on one-bedroom sales at 4-74 48th Avenue.

More market data
Middle half of those sales
$515,000 – $600,000

How these sales were negotiated

Sale-to-list price
96%
Sold below asking
80%
Typical time to find a buyer
63 days
Typical time to close
88 days

Based on one-bedroom sales at 4-74 48th Avenue with the required listing and closing data. Sample sizes vary by metric.

Price trend

Median price per square foot, sales at 4-74 48th Avenue

Median $/ft² by year for sales at 4-74 48th Avenue, 2017 to 2026, with the number of sales behind each year
YearMedian $/ft²Sales
2022$683/ft²31
2023$736/ft²25
2024$780/ft²25
2025$822/ft²18
2026 YTD$850/ft²6
More market history
Earlier years of the same series, 2017 to 2021
YearMedian $/ft²Sales
2017$794/ft²22
2018$724/ft²16
2019$714/ft²31
2020$649/ft²14
2021$656/ft²19

Based on recorded sales at 4-74 48th Avenue. 2026 is year-to-date.

Sales data through September 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Price and Property History for 4-74 48th Avenue, Unit 8-F

Review the recorded listing activity for 4-74 48th Avenue, Unit 8-F, including asking-price changes and prior market dates.

Latest price change
Reduced by $15,000, or 2.9%, on June 29, 2023
Originally listed
April 28, 2023 at $525,000
Entered contract
October 3, 2023
Listing and price history for 4-74 48th Avenue, Unit 8-F
DatePriceListing event
$510,000Entered contract
$510,000Asking price reduced by $15,000, or 2.9%
$525,000Listed for sale by R New York

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.

About The Building

4-74 48th Avenue
Long Island City · Condop

4-74 48th Avenue

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

A building in Long Island City, currently featuring 4 active listings.

YEAR BUILT1997
ACTIVE UNITS4
FLOORS42

Interested in 4-74 48th Avenue?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

8-F11700 sqft$729
$510,000(-2.9%)
In contract
R New YorkApr 28, 20231,238 days
9-N11
$598,000
EXP Realty NYCJul 18, 202661 days
14-M11700 sqft$836
$585,000
Modern SpacesAug 30, 202618 days
35-E11683 sqft$871
$595,000
Modern SpacesSep 2, 202615 days
5-AStudio1570 sqft$965
$550,000
Modern SpacesSep 10, 20267 days
PH-1H11700 sqft$850
$595,000
In contract
Modern SpacesMay 15, 2026125 days

In the Neighborhood

Nearby Schools

PS/IS 78Q Early Childhood Center0.02 miles
Academy for Careers in Television & Film0.16 miles
Lolly's Learning Center0.2 miles
PS/IS 78Q The Robert F. Wagner, Jr. School0.21 miles
Saint Marys School0.24 miles

* Distances are approximate line-of-sight metrics.

Map

Long Island City

Overview of 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.

Real Estate & Housing Market

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.

Lifestyle & Community

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.

Transportation & Accessibility

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.

Parks, Schools & Amenities

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.

Who This Neighborhood Is Best For

LIC is best for Manhattan commuters, view seekers, and lovers of modern luxury.
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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.