NOT LISTED FOR SALE

CityLights Building 5-09 48th Ave Unit 3G Long Island City, NY 11101

Hunters Point Neighborhood

Estimated Value: $721,484 - $1,004,000

1 Bed
1 Bath
729 Sq Ft
$710/mo HOA Fee

Last Sold May 17, 2022

Last sale price $929,000 $1,274 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,259/month

54 Days on Market

Highlights

  • Central Air
  • 4-minute walk to Vernon Boulevard-Jackson Avenue
  • 2-minute walk to Gantry Plaza State Park
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Garage

About This Home

As of May 2022

Photo coming soon

A Beautiful Lofty home and excellent Investment property in Hunter Point/ Long Island City. LOW Monthly!

421-A Tax Abatement expires June 30, 2024.

***A garaged parking spot is currently available for purchase at $98K separately.

Unit 3G is a bright and spacious one bedroom home with southern exposure, lofty high ceiling, and big windows. The kitchen has Caesarstone countertops, amble cabinet space, storage, and is completed with premium appliances and a dishwasher. Washer/dryer in unit as well.

Fifth Street Lofts is a highly-sought after full-service boutique condominium. Residents enjoy great amenities including a 24/7 concierge, childrens playroom, bicycle storage, common rooftop garden, common yard, a bocce court and fitness center. Its perfectly situated within a short walk to NYCs best waterfront parks and tons of fine dining and shops.

Convenient located two blocks away from the 7 train station. The commute to midtown Manhattan is under 10 minutes. You can also choose to enjoy a relaxing and scenic ride on the East River Ferry which will take you to destinations along the east side of Manhattan. Other transportation options include the LIRR and the G, E, and M trains.

** Please note that there will be Capital Assessment 4/1/2022 - 3/31/2024 and 3G monthly assessment at $315.03, P50 the garage parking monthly assessment at $84.25.

Last Listed By

Anne Chang

Jade Stone Real Estate Consulting Inc License #10311203594 Listed on: 02/18/2022

Jade Stone Real Estate Consulting Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 2007

Lot Details

  • 0.81

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 729 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • 5Sl Condos
  • Long Island City Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

Built in 2007

Lot Details

0

HOA Fees

$710 per month

Listing Details

  • Cross Street: 48th Avenue & 5th Street
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Architectural Style: Loft
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 729.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 710.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 5SL
  • Year Built: 2007

Tax Info

  • Tax Block: 0
  • Tax Annual: 2280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
May 17, 2022
Sold by
Wu Hsin-Ying
Bought by
Fong Kristopher Robert Joseph
Seller's Agent
Anne Chang
Jade Stone Real Estate Consulting Inc
List Price
$929,000
Sold Price
$929,000
Total Days on Market
54
Current Estimated Value
$906,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,379
Avg. Annual Appreciation
-1.04%
Original Mortgage
$708,000
Outstanding Balance
$677,620
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,305

Purchase Details

Closed on
Jun 19, 2008
Sold by
5-01-5-17 48Th Avenue Llc
Bought by
Wu Hsin-Ying
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fong Kristopher Robert Joseph $929,000 --
Wu Hsin-Ying $537,474 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Kristopher Robert Joseph $708,000
Previous Owner Wu Hsin-Ying $5,657
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $929,000 0.0% $1,274 / Sq Ft
02/18/2022 02/18/22 For Sale $929,000 -- $1,274 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,697 $45,570 $6,380 $39,190
2023 $4,523 $43,979 $6,380 $37,599
2022 $3,382 $42,746 $6,380 $36,366
2021 $2,292 $39,244 $6,380 $32,864
2020 $1,532 $44,871 $6,380 $38,491
2019 $628 $44,123 $6,380 $37,743
2018 $634 $35,658 $6,380 $29,278
2017 $634 $32,848 $6,380 $26,468
2016 $642 $32,848 $6,380 $26,468
2015 $502 $32,694 $6,831 $25,863
2014 $502 $33,858 $7,056 $26,802
Source: Public Records

Agents Affiliated with this Home

  • Anne Chang

    Seller's Agent in 2022

    Anne Chang

    Jade Stone Real Estate Consulting Inc

    (917) 494-0531

    1 in this area

    8 Total Sales

    Anne Chang
    Section Image
See All Agents

About CityLights Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10772355

Real Estate Board of New York (REBNY)

APN: 00030-1039

New York Queens County Long Island City 11101 Hunters Point

5-09 48th Ave Unit 3G, Long Island City, NY

This home is located at 5-09 48th Ave Unit 3G, Long Island City, NY 11101 since 18 February 2022 and is currently estimated at $906,621, approximately $1,243 per square foot. This property was built in 2007. 5-09 48th Ave Unit 3G is a home located in Queens County with nearby schools including P.S./I.S. 78Q Early Childhood Center, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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