The listing facts are current enough for an initial property review.
5-09 48th Ave Unit 2C
Listing Notes
All open houses are by appointment only. Advanced registration is required. Introducing Residence 2C, a spacious and thoughtfully designed south-facing split two-bedroom, two-bathroom home situated along the coveted waterfront in Long Island City. Spanning just under 1, 100 square feet, this residence offers an ideal layout that balances comfort, privacy, and functionality. The open-concept kitchen is outfitted with premium stainless steel appliances and the convenience of an in-unit washer and dryer. The generously sized primary suite easily accommodates a king-sized bed and features two closets, providing ample storage. Residents of 5SL Condominium enjoy a full suite of amenities, including a 24-hour attended lobby, state-of-the-art fitness center, childrens playroom, and multiple outdoor spaces. Located within the sought-after 5SL Condominium in Hunters Point South, the building offers unparalleled convenience. Commuting is seamless with close proximity to the Ed Koch Queensboro Bridge, LIE/Midtown Tunnel, BQE, and Pulaski Bridge. Public transportation options are abundant, including the 7 train just minutes away for a quick commute to Manhattan, as well as nearby E, M, and G subway lines and two NYC Ferry landings. The neighborhood offers a vibrant mix of dining, retail, and daily conveniences, including Trader Joes and Target. Just one block away, Gantry Plaza State Park offers iconic waterfront promenades and sweeping Manhattan skyline views, completing this exceptional lifestyle offering. Some photos have been virtually staged.
Market Insights
$1417/sqft vs a nearby median of $1455/sqft.
- -2.6% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,048 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 12.2% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$39k +2.5%
- High-density walkability+$32k +2.0%
- Modern construction+$24k +1.5%
- Moderate flood-area edge−$8k −0.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 19 days
- Last price change
- No change recorded
- Listed
- Apr 24, 2026
- Photos
- 13 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Jun 24, 2016 · $1,285,000
Features & Amenities
Photos
Building Facts
- Year built
- 2008
- Stories
- 8
- Total units
- 180
- Residential units
- 118
- Building area
- 3.09 ac
- Lot size
- 35,084 sqft
- Land use
- Multi-family elevator buildings
- Building class
- R4
From NYC public records where available.
Price History
Public Records
67 total recorded against the building
1 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: illegal parking
Top complaint types in ZIP 11101
- Illegal Parking18,115
- Noise - Residential2,764
- Blocked Driveway1,880
- Street Condition1,739
- Traffic Signal Condition1,182
Recent DOB
- May 3, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
- Jun 20, 2021V*-DOB VIOLATION - DISMISSED · EARCX-FAILURE TO SUBMIT EER NONE
- Mar 16, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jun 28, 2017V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Jun 13, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.