543 48th Ave #4C
Long Island City, NY 11101 (Hunters Point)
Contact For Estimate

543 48th Ave #4C
Long Island City, NY 11101

(Hunters Point)
  • 1,009 sqft
  • Condo
Off Market · Public Record
Contact For Estimate
543 48th Ave #4C
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  • 1 Elementary School

    2 Middle Schools

    1 High School

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  • Moderate crime relative to the rest of Queens county.

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  • 19% of residents commute by car.

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  • 531 Restaurants

    46 Grocery stores

    151 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Condo
  • Built in 1955
  • 1,009 sqft
Description

This property is no longer available to rent or buy. This description is from July 12, 2016
Contract Signed. Sunny 2BR for Sale in Luxury Condo! This sleek and bright 2-bedroom/2-bathroom condo located in the heart of Long Island City is available for purchase! There is no wasted space in this 1,009 square foot apartment, which boasts an additional 96 square foot balcony with open, bright views of Manhattan and Queens. The kitchen includes energy star stainless steel appliances, custom cabinets with massive amounts of storage, and Caesarstone countertops, and imported Italian tiles give you the feel of luxury and efficiency. Renovations to the bathrooms include custom vanities with fantastic storage in each bathroom, as well as an installed bathtub in to the second bathroom. Also included with the apartment is a separately deeded storage unit to keep your apartment clear of clutter and large, bulky items. This apartment is located at The Solarium, Long Island City's first LEED-certified GREEN building. Situated on 48th Avenue between Vernon and 5th Street, the location is prime. A block to the waterfront, two blocks to the Vernon/Jackson 7 subway stop (one stop to Grand Central!), and right around the corner from all the great restaurants on Vernon Boulevard, you will love where you live. Schools, daycares, parks, playgrounds, restaurants, bars, and shops are all just minutes from this location. The Solarium offers a list of amenities, including doorman, fitness center, children's playroom, garage (parking spot available for rent separately), and a gorgeous roof deck with panoramic views of Manhattan, Queens, and the 59th Street Bridge, as well as an outdoor projection screen for movie nights. There is a 421-A, 15-year tax abatement in place until June 30th, 2027. Current assessments include a capital contribution of $69.62 per month, as well as an assessment of $139.11/month. Total monthly covering costs, including common charges, taxes, and assessments are extremely low at $774.71. Quite possibly the best-located 2-bedroom condo on the market in LIC right now! Please reach out to schedule a viewing today.

Price History
Date
Price
Event

11/26/2010
$687,319
Sold
Recording Date
11/26/2010
Contract Date
11/12/2010
Sale Price
$687,319
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$1,230.00
Assessments
$25,705
Land
$4,517
Improvements
$21,188
Total
$25,705
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 11101
$1,275,552
86% above sold price
Median Sale Price for 11101
$1,068,857
56% above sold price
Average Sale price/sqft for 11101
$1,106/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.45
Condo
$950,000
11/29/17
-
-
605
0.99
Condo
$1,534,000
11/17/17
-
-
1,134
3.76
Condo
$1,485,000
11/16/17
-
-
1,186
2.52
Condo
$1,318,634
11/15/17
-
-
-
1.92
Condo
$1,000,000
11/16/17
-
-
1,144
0.84
Condo
$1,420,000
11/21/17
-
-
1,188
2.14
Condo
$970,000
11/20/17
-
-
936
1.07
Condo
$1,025,000
11/15/17
-
-
770
2.96
Condo
$1,325,000
11/20/17
-
-
603
0.22
Condo
$1,255,000
11/16/17
-
-
1,186

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