NOT LISTED FOR SALE

Estimated Value: $769,124 - $912,000

1 Bed
1 Bath
754 Sq Ft
$758/mo HOA Fee

Last Sold October 24, 2023

Last sale price $850,000 $1,127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,065/month

9 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Vernon Boulevard-Jackson Avenue
  • Laundry Facilities
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Garage
  • 3-minute walk to Gantry Plaza State Park

About This Home

As of October 2023

Welcome to 5SL Full-Service Boutique Condominium - a vibrant and desirable location in Long Island City, where you'll discover this generously-sized one-bedroom apartment offering a perfect blend of comfort and style.

Apartment Features:

Upon entering this spacious unit and be greeted by a modern window kitchen that caters to your culinary needs. The kitchenboastsa Caesarstone countertop/breakfast bar, complemented by dark wood cabinetry amidst glass tile. High-end stainless steel appliances, such as Liebherr refrigerators, Bosch ranges, microwaves, and dishwashers. The added convenience of garbagedisposal simplifies daily life. The entire apartment features maple hardwood floorsanairy ambiance is accentuated by oversized windows, allowing natural light to fill the space. With an efficient layout, this residence offers comfort and intimacy in this boutique building.Building Amenities:

Within the same building, a common rooftop deck awaits, offering a serene space to relax and enjoy. Additionally, you'll have access to various amenities shared with the main building, 5SL, on 48th Ave., a full-service condo built by Toll Brothers, known as the nation's leading luxury home builder. Enjoy the convenience of a fitness center, a common rooftop terrace, a garden courtyard with outdoor games, & a children's playroom. The welcoming lobby and complimentary 24-hour Concierge Service add a touch of luxury to your daily life. The presence of a live-in superintendent ensures responsive building management and amenities like refrigerated storage in the lobby and bike storage.

Location:

The apartment's prime location places you just a block away from the picturesque waterfront at Gantry State Park, offering a peaceful retreat amidst the city buzz. A short stroll to the nearby 7 train provides easy access to transportation, with a one-stop connection to Grand Central and the East River ferry service to East 34th St., Greenpoint, Williamsburg, Dumbo, Pier 11/Wall Street. Nearby, you'll find acclaimed establishments like the Food Cellar, popular Duane Reade, and Gantry Hardware Store catering to your daily needs. Moreover, the accessibility to both Center Blvd and Vernon Blvd opens up a world of charming shops and eateries for you to explore.

Make this appealing one-bedroom apartment in Long Island City your new home, and experience the best of city living with comfort and convenience at your fingertips.

Tax abatement until June 2024.

Last Agent to Sell the Property

Mae Liew

Modern Spaces License #10401217816 Listed on: 08/04/2023

Modern Spaces

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,596

Year Built

  • Built in 2008

Lot Details

  • North Facing Home

HOA Fees

  • $758 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 754 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 7501 / 30

Community Details

Overview

  • Long Island City Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,596

Year Built

Built in 2008

Lot Details

0

HOA Fees

$758 per month

Listing Details

  • Cross Street: 5th Street/Vernon Boulevard
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 754.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 758.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2008

Tax Info

  • Tax Block: 30
  • Tax Lot: 7501
  • Tax Annual: 4596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 16, 2023
Sold by
Zhou Chen
Bought by
Yeung Tsun Wai
Seller's Agent
Mae Liew
Modern Spaces
List Price
$850,000
Sold Price
$850,000
Views
933
Current Estimated Value
$872,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,031
Avg. Annual Appreciation
4.11%
Original Mortgage
$438,000
Outstanding Balance
$430,676
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,636

Purchase Details

Closed on
Aug 5, 2011
Sold by
Felix Ilan and Shapiro Shara
Bought by
Zhou Chen

Purchase Details

Closed on
Apr 29, 2008
Sold by
5-01-5-17 48Th Avenue Llc
Bought by
Felix Ilan and Shapiro Shara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yeung Tsun Wai $838,000 --
Zhou Chen $460,000 --
Felix Ilan $605,849 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeung Tsun Wai $438,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $850,000 0.0% $1,127 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $850,000 -- $1,127 / 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
2025 $5,893 $49,036 $6,599 $42,437
2024 $5,893 $47,136 $6,599 $40,537
2023 $4,679 $45,491 $6,599 $38,892
2022 $3,492 $44,214 $6,599 $37,615
2021 $2,371 $40,592 $6,599 $33,993
2020 $1,584 $46,412 $6,599 $39,813
2019 $650 $45,639 $6,599 $39,040
2018 $655 $36,889 $6,600 $30,289
2017 $323 $33,980 $6,599 $27,381
2016 $664 $33,980 $6,599 $27,381
2015 $519 $33,816 $7,066 $26,750
2014 $519 $35,023 $7,299 $27,724
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10903454

Real Estate Board of New York (REBNY)

APN: 00030-1003