Queens / Long Island City-Hunters Point / 11101
5-09 48 AVENUE
Recorded on the Digital Tax Map as 5TH STREET LOFTS CONDOMINIUM.
Boro4
Block30
Lot7501
BBL4000307501
Residential units
118
Units in total
180
Storeys
8
Year built
2007
Last alteration on file
-
Recorded transfers
214 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 9 Feb 2026 | $1,410,000 | 5Q | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 19 Aug 2025 | $915,000 | 2G | SINGLE RESIDENTIAL CONDO UNIT | RPTT&RET |
| 3 Jul 2025 | $1,830,000 | 3M | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Apr 2025 | $2,058,000 | 5M | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Dec 2024 | $650,000 | 4J | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 10 Oct 2024 | $1,425,000 | 3R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 May 2024 | $710,000 | 8G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 29 Mar 2024 | $1,595,000 | 4K | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 16 Oct 2023 | $838,000 | 2A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 6 Oct 2023 | $1,381,000 | 6P | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 Sep 2023 | $1,668,000 | 3A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 14 Aug 2023 | $930,000 | 5E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Jun 2023 | $231,748 | 5J | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 May 2023 | $1,455,000 | 5R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 May 2023 | $1,015,000 | 5G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 13 Jul 2022 | $1,499,000 | 2P | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 29 Jun 2022 | $1,570,000 | 5A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Jun 2022 | $1,900,000 | 4M | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 May 2022 | $929,000 | 3G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 19 Apr 2022 | $1,625,000 | 8J | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Sep 2021 | $1,370,000 | 4R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Jul 2021 | $1,360,000 | 7K | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 Jun 2021 | $1,325,000 | 4P | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 May 2021 | $1,220,000 | 5Q | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 May 2021 | $1,220,000 | 4B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 7 May 2021 | $1,325,000 | 5B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Dec 2020 | $1,237,500 | 6B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 Jun 2020 | $589,000 | 6D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 14 Feb 2020 | $1,070,000 | 3P | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 31 Oct 2019 | $1,150,000 | 7B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Sep 2019 | $1,780,000 | 7A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 29 Jul 2019 | $638,000 | 4J | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 10 Jul 2019 | $2,360,000 | 7F | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Apr 2019 | $890,000 | 2N | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 9 Jan 2019 | $1,315,000 | 4Q | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Dec 2018 | $500,000 | 2D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 16 Jul 2018 | $630,000 | 5J | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Nov 2017 | $988,000 | 6N | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Sep 2017 | $1,605,000 | 2Q | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 31 Aug 2017 | $1,212,500 | 6R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 214 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them. | ||||
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 1 | $1,410,000 | - | - |
| 2025 | 3 | $1,830,000 | $915,000 | $2,058,000 |
| 2024 | 4 | $1,067,500 | $650,000 | $1,595,000 |
| 2023 | 7 | $1,015,000 | $231,748 | $1,668,000 |
| 2022 | 5 | $1,570,000 | $929,000 | $1,900,000 |
| 2021 | 6 | $1,325,000 | $1,220,000 | $1,370,000 |
| 2020 | 3 | $1,070,000 | $589,000 | $1,237,500 |
| 2019 | 6 | $1,232,500 | $638,000 | $2,360,000 |
| 2018 | 2 | $565,000 | $500,000 | $630,000 |
| 2017 | 12 | $1,296,250 | $850,000 | $1,962,500 |
| 2016 | 6 | $1,307,500 | $615,000 | $1,725,000 |
| 2015 | 9 | $1,225,000 | $640,000 | $1,600,000 |
| 2014 | 6 | $1,202,500 | $680,000 | $1,550,000 |
| 2013 | 14 | $637,500 | $100,000 | $985,725 |
| 2012 | 6 | $677,500 | $377,000 | $1,120,000 |
| 2011 | 5 | $540,997 | $417,000 | $755,000 |
| 2010 | 1 | $200,000 | - | - |
| 2009 | 25 | $728,049 | $320,482 | $999,922 |
| 2008 | 93 | $703,765 | $369,086 | $1,567,077 |
02
The building on the lot
Section through the lot
Lot area
35,084 sq ft
Building area
134,648 sq ft
Residential area
111,874 sq ft
Commercial area
22,774 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.84
Residential FAR permitted
4
Zoning district
M1-4/R7A
03
Assessment
Assessed land value
$1,147,482
Assessed total value
$10,004,823
Exempt value
$118,261
Assessed per residential unit
$84,787
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
04
Classification and location
Building class
R4CONDO; RESIDENTIAL UNIT IN ELEVATOR BLDG.
Neighbourhood
Long Island City-Hunters Point
ZIP code
11101
Community district
Queens 2
Council district
26
Coordinates
40.744714, -73.955243
05
Other buildings in Long Island City-Hunters Point
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 56-28 2ND STREET | RM | 1,132 | 2020 | 0 | - |
| 22-44 JACKSON AVENUE | RM | 1,122 | 2016 | 0 | - |
| 43-25 HUNTER STREET | RM | 974 | 2015 | 0 | - |
| 43-30 24 STREET | D6 | 938 | 2022 | 0 | - |
| 45-45 CENTER BOULEVARD | D7 | 838 | 2011 | 0 | - |
| 2-21 MALT DRIVE | D6 | 812 | 2022 | 0 | - |
| 23-15 44TH DRIVE | RM | 802 | 2018 | 773 | $1.20m |
| 52-03 CENTER BLVD | RM | 800 | 2019 | 0 | - |
| 43-22 QUEENS STREET | D6 | 790 | 1929 | 0 | - |
| 1-50 50 AVENUE | RM | 619 | 2013 | 0 | - |
| 4610 CENTER BOULEVARD | D8 | 585 | 2012 | 0 | - |
| 2-20 MALT DRIVE | D6 | 575 | 2022 | 0 | - |